Asia Pacific Carbon Fund (APCF)


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The Asia Pacific Carbon Fund (APCF) is a trust fund that is managed by ADB. It was established in 2006 and has been operational since 2007. The APCF provides financial and technical support for Clean Development Mechanism (CDM) projects in lower-income Asian countries, aimed at improving energy access in the Asia-Pacific region. Countries including; Belgium, Finland, Luxembourg, Portugal, Spain and Sweden have contributed to the APCF.

Eligibility to Receive Funding

Projects from lower-income countries from the Asia-Pacific, that are eligible for CDM projects are eligible to receive funding.

Regional Focus: See above

Sector Focus

The focus is on CDM projects that are co-financed by the ADB. The sectors include:

  • Energy efficiency; covering industrial technologies, energy supply, and transportation;
  • Renewable energy; including small- to midscale river hydropower, biomass, wind, solar and geothermal energy;
  • Methane capture and utilization (coal mine methane, solid waste and waste water).

Funding Conditions: APCF provides grants.

Application Procedure

There is no standard form of application. The APCF follows the Operational Policies and procedures of the ADB.


Asian Development Bank

ADB Avenue, Mandaluyong City 1550, Metro

Manila, Philippines

Tel: +63 2 6324444

Website: asia-pacific-carbon-fund-apcf

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