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ASEAN Catalytic Green Finance Facility (ACGF)

The ACGF is an ASEAN Infrastructure Fund initiative supporting governments in Southeast Asia to prepare and finance infrastructure projects that promote environmental sustainability and contribute to climate change goals.

In the Spotlight

Institutional Document | 29 Mar 2022

ASEAN Catalytic Green Finance Facility 2021: Financing for a Green Recovery in Southeast Asia

This document presents progress made and achievements from January to December 2021 of the ASEAN Catalytic Green Finance Facility (ACGF).

News Release | 27 Jan 2022

ADB Calls for Innovative Financing for Ocean Health Improvement

The Asian Development Bank has launched a publication calling for scaling up of finance flows into ocean health improvement and related projects in Asia and the Pacific to combat growing threats from unchecked pollution into rivers, lakes...

Article | 04 Nov 2021

Q&A: Anouj Mehta on the ASEAN Green Recovery Platform

The ASEAN Green Recovery Platform will use revolving funds to catalyze financing for a pipeline of green infrastructure projects.

Video | 02 Jul 2021

Accelerating Sustainable Development after COVID-19: The Role of SDG Bonds

Southeast Asia needs $210 billion per year to invest in climate resilient infrastructure. Public finance alone is not enough, and SDG bonds play a crucial role in raising private funding. Read more in the ACGF’s latest publication.

Blue SEA Finance Hub

In support of ADB’s Action Plan for Healthy Oceans and Sustainable Blue Economies, and in line with ADB’s Oceans Financing Initiative, ADB established the Blue SEA (Southeast Asia) Finance Hub in November 2021 to catalyze financing and develop ocean health projects in Southeast Asia.

Learn more.

ACGF Project Process

1. Origination

Potential projects for early-stage project preparation support identified from ACGF country roundtable events and consultations with ADB operations teams and ACGF partners.

2. Rapid assessment

Technical support provided for initial project preparation, including financial structuring and an assessment of potential green impacts.

3. Screening and funding interest

Projects screened against ACGF eligibility criteria, and a draft project information memorandum produced. Financing interest sought from ACGF cofinancing partners.

4. AIF Board review

A full project information memorandum (including a financing plan) finalized and submitted to the ASEAN Infrastructure Fund Board for review and approval.

5. Project preparation and loan approval

Due diligence conducted and the project prepared for ADB and ACGF cofinancing partner loan approvals.

News

27 Jan 2022 | News Release

ADB Calls for Innovative Financing for Ocean Health Improvement

The Asian Development Bank has launched a publication calling for scaling up of finance flows into ocean health improvement and related projects in Asia and the Pacific to combat growing threats from unchecked pollution into rivers, lakes...

02 Nov 2021 | News Release

Partners Pledge $665 Million to Support Green Recovery in ASEAN

Four partners have collectively pledged $665 million toward a platform managed by the Asian Development Bank that aims to mobilize an additional $7 billion for low-carbon and climate-resilient infrastructure projects in Southeast Asia...

02 Jul 2021 | News Release

ADB Proposes SDG Accelerator Bonds for Green Infrastructure Projects in Southeast Asia

The Asian Development Bank has launched a new report aimed at helping developing countries tap into global capital markets to support a green, resilient, and inclusive recovery from the coronavirus disease (COVID-19) pandemic...

04 May 2021 | News Release

Republic of Korea Earmarks $700 Million for Climate and ICT Projects through Cofinancing with ADB

The Asian Development Bank and the Republic of Korea today signed a memorandum of understanding earmarking $700 million in cofinancing from the Republic of Korea for ADB sovereign development projects over the next 3 years.

Contacts

AIF Administrator

Alfredo Perdiguero
Director
Southeast Asia Regional Department (SERD)
Asian Development Bank

ACGF Unit Head

Anouj Mehta
Principal Infrastructure Specialist
Southeast Asia Regional Department (SERD)
Asian Development Bank

ACGF Enquiries

  Tel +632 8632 6452
  E-mail