Regional : REG: IMPLEMENTATION OF THE SEED CAPITAL ASSISTANCE FACILITY

Nonsovereign Project | 41574-012

The SCAF will provide TA to private equity fund managers and local entrepreneurs in order to (i) develop sustainable clean energy funds and early-stage funding windows, (ii) share incremental enterprise development and transaction costs, and (iii) encourage taking on higher risk portfolios through a seed capital return enhancement offered on a project by project basis.

Project Details

  • Project Officer
    Mu Shin Kim
    Private Sector Operations Department
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Energy
Project Name REG: IMPLEMENTATION OF THE SEED CAPITAL ASSISTANCE FACILITY
Project Number 41574-012
Borrower / Company
Country / Economy Regional
Location Regional
Type or Modality of Assistance
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Partnerships
Private sector development
Sector / Subsector

Energy / Energy sector development and institutional reform
Gender
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Private Sector Investment Funds & Special Initiatives Div
Responsible ADB Officer Mu Shin Kim
Project Sponsor(s)
Objectives and Scope The SCAF will provide TA to private equity fund managers and local entrepreneurs in order to (i) develop sustainable clean energy funds and early-stage funding windows, (ii) share incremental enterprise development and transaction costs, and (iii) encourage taking on higher risk portfolios through a seed capital return enhancement offered on a project by project basis.
Linkage to Country/Regional Strategy To slow the rapid growth in global greenhouse gas emissions, increased investments in renewable energy (RE), energy efficiency (EE) and other clean technologies are needed. To help early-stage RE and EE enterprises access seed capital from conventional energy investors, the United Nations Environment Programme and Asian Development Bank (ADB) developed the Seed Capital Assistance Facility which will be implemented by this RETA.
Safeguard Categories
Environment
Involuntary Resettlement
Indigenous Peoples
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Business Opportunities
Consulting Services International consultants will be engaged on a project basis for the equivalent of 5 person-months of work spread over the first 30 months. National consultants will be engaged for a period of 60 months on a full time basis over the TA's duration.
Timetable for assistance design, processing and implementation
Concept Clearance 09 Apr 2007
Credit Committee Meeting -
Approval 21 Jan 2008
PDS Creation Date 29 Sep 2014
Last PDS Update 26 Apr 2009

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Evaluation Documents See also: Independent Evaluation

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Related Publications

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