Climate Change Fund
The Climate Change Fund (CCF) was established in May 2008 to facilitate greater investments in developing member countries (DMCs) to effectively address the causes and consequences of climate change, by strengthening support to low-carbon and climate-resilient development in DMCs.
Project proposals are submitted by ADB user departments to the Climate Change Steering Committee through the CCF secretariat. Project proposals are reviewed by the working groups (i.e., Clean Energy Working Group and Adaptation and Land Use Working Group) who provide the recommendations on the applications for CCF allocation to the CCSC. The CCSC approves the fund allocations to projects. In general, applications are reviewed in six batches and are due on 31 January, 31 March, 31 May, 31 July, 30 September, and 30 November. Direct charge applications are reviewed on ongoing basis.
Please note, funding is only available to pre-selected countries. See the eligible countries field for more information.
The fund has received a total of $98 million ADB financing. As of 31 March 2021, pending CTL financial statements/updates, $75.4 million of the $98 million total fund resources (net of savings) has been allocated to 126 projects—46 on clean energy development, 73 on adaptation, 11 on REDD+ and land use, and one (1) on climate finance readiness.
Applications are reviewed in six batches and are due on 31 January, 31 March, 31 May, 31 July, 30 September, and 30 November.