ASEAN Catalytic Green Finance Facility (ACGF)

The ACGF helps prepare and provides financing for green infrastructure projects that demonstrate a measurable contribution to green impacts, improvement in bankability, and the potential to catalyze private capital.

Asian Development Bank (ADB)
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About

The ACGF helps prepare and provides financing for green infrastructure projects that demonstrate a measurable contribution to green impacts, improvement in bankability, and the potential to catalyze private capital.

Assistance Criteria

To be financed under the ACGF, projects must be sovereign or sovereign-guaranteed and fulfil eligibility criteria that includes:

  • Clear environmental goals and targets
  • A financial sustainability plan
  • A roadmap for attracting private capital investment

The ACGF focuses on projects that promote renewable energy, energy efficiency, sustainable urban transport, water supply and sanitation, waste management, and climate-resilient agriculture.

Countries

Support

The ACGF provides ASEAN member governments with technical assistance and access to over $1 billion in loans from cofinancing partners. The ACGF’s technical assistance supports governments to identify and prepare commercially viable green infrastructure projects while the ACGF loans are utilized to cover upfront capital investment costs. This two-pronged approach “de-risks” green infrastructure projects, making them more attractive to private capital investors. In addition to project preparation and financing support, the ACGF provides knowledge services, and training programs to strengthen the regulatory environment and build the institutional capacity of ASEAN governments to scale up green infrastructure investments.