Australian Climate Finance Partnership (ACFP)

Last updated: 03/11/2026

Program Overview

Program description and objectives:

The ACFP is designed to catalyse financing for private sector climate adaptation and mitigation projects in eligible countries in the Pacific and Southeast Asia. It responds to market gaps and demand by de-risking demonstration projects with strong impact and bringing them to market. It provides cofinancing to nonsovereign projects at early, growth and greenfield stages. It follows blended finance principles so that projects receive only the minimum amount of support they need to succeed. The ACFP offers debt in USD and local currency, equity, quasi-equity and mezzanine financing, guarantees, risk sharing and technical assistance. It targets project and corporate finance, public-private partnerships and joint ventures, trade and supply chain finance, and privatisations. Projects also aim to support recovery from COVID-19, gender equality and economic opportunities for women and girls.

Instrument types offered:

Grants, Concessional and catalytic debt, Catalytic equity

Institutions this program is normally offered to:

Corporates (including SMEs), Commercial banks, Other (non-bank financial intermediaries), Investment funds, Multilateral Development Banks (capital made available to private sector via an MDB)

Eligible regions:

AsiaOceania

Eligible sectors:

AgricultureEnergyHealthInfrastructure (Non - Energy)Other

Eligible subsectors (optional):

Blue carbonCoastal ecosystem protectionDisaster risk management

Program status:

Open

Formal application process:

Program webpage (optional):

https://www.adb.org/what-we-do/funds/australian-climate-finance-partnership

Primary point of contact for this program:

Request more information?

Documents

australian-climate-finance-partnership-acfp-flyer.pdf

Optional offering details

Main currencies available:

USD - US dollar

Technical assistance offered:

The TA programme has two parts: - Capacity building: builds capacity with local and national governments. - Transaction support: funds due diligence on deals. TA is reimbursable where possible. In exceptional circumstances, the fund may give grants for pilot programmes and projects.

Examples of past successful projects:

New Forests Tropical Asia Forest Fund 2 (Regional, 2022): USD 10 million equity VinFast Electric Mobility Green Loan (Viet Nam, 2022): USD 20 million loan Muara Laboh Geothermal Stage 2 (Indonesia, 2024): USD 15 million loan TBS integrated e-motorcycle ecosystem (Indonesia, 2024): USD 5 million concessional loan

Optional eligibility information

Impact thematic focus:

Climate - MitigationClimate - AdaptationClimate - Cross-cutting (adaptation and mitigation)OtherGender lens investingSocial inclusion

Disclaimer

All information on catalytic capital providers and programs was submitted to GCBC by third party capital providers. The Catalytic Capital repository is an open-access online tool that lists information provided by catalytic capital providers in central location for public use.