Clean Energy Financing Partnership Facility
What is Clean Energy Financing Partnership Facility?
The facility was established in 2007 to help improve energy security in developing member countries and decrease the rate of climate change. It will do this by financing the deployment of new, more efficient and less polluting supply and end-use technologies, through either grant or non-grant resources.
What are the priorities?
The facility resources are also intended to finance policy, regulatory, and institutional reforms that encourage clean energy development. Potential investments include:
- Deployment of new clean energy technology
- Projects that lower the barriers to adopting clean energy technologies
- Projects that increase access to modern forms of clean and efficient energy for the poor
- Technical capacity programs for clean energy
What kind of activities are eligible?
- biomass, biofuel, biogas
- rural electrification and energy access
- distributed energy production
- waste-to-energy projects
- demand-side management projects
- energy-efficient district heating, transport, street lighting, buildings and end-use facilities
- clean energy power generation, transmission, and distribution
- manufacturing facilities of clean energy system components, high efficiency appliances and industrial equipments
- energy service companies development
- carbon capture and storage
- integrated gasification combined cycle or IGCC, supercritical and ultra-supercritical steam technologies.
Who is eligible to receive financing?
All DMCs are eligible for the facility resources
Who supports the facility?
Governments of Australia, Canada, Norway, Spain, Sweden, the United Kingdom, and Japan, and the Global Carbon Capture and Storage Institute support the grant.