FP156
ASEAN Catalytic Green Finance Facility (ACGF): Green Recovery Program
ASEAN Catalytic Green Finance Facility (ACGF): Green Recovery Program
Southeast Asia is one of the world's most energy-intensive regions, with rapid urbanisation and industrialisation increasing its greenhouse gas emissions. The COVID-19 pandemic has had a massive impact on the region's economic growth, affecting countries' ability to realise their climate ambitions in the face of increased climate and economic vulnerability.
Designed as Asia’s first regional 'green recovery' programme, this initiative aims to kickstart countries' low-emission investments to support economic recovery following COVID-19. By catalysing increased climate finance from both the private and public sectors, the programme will support at least 20 high-impact, low-emission sub-projects in the region.
Project timeline
Pipeline
15 May 2020 - 309 days
Concept note received
15 May 2020
Funding proposal received
14 Aug 2020
Cleared by GCF Secretariat
17 Dec 2020
Cleared by iTAP
23 Feb 2021
Approved
19 Mar 2021 - 510 days
Approved by GCF Board
19 Mar 2021
Legal opinion on AE's Internal Approval
29 Nov 2021
FAA executed
27 May 2022
Under implementation
10 Aug 2022 - 302 days so far
FAA effective
10 Aug 2022
Disbursement - USD 12,000,000
14 Feb 2023
Disbursement - USD 6,000,000
14 Feb 2023
Completed
One region
- Asia-Pacific
Five countries
One priority group
- Least Developed Countries
USD
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing6% disbursed
| Instrument | Amount |
|---|---|
| Grant | USD 20,000,000 |
| Loan | USD 280,000,000 |
| Total GCF Financing |
|---|
| USD 300,000,000 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Loan | USD 3,385,000,000 |
| Total Co-Financing |
|---|
| USD 3,385,000,000 |
GCF Contacts
General media inquiries
GCF CommunicationsPhone +82 32 4458 6338 (KST)
Send e-mail
Request for information
GCF Information DisclosureRequest information about this project
Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6155 (KST)
Send e-mail
Accredited Entity
More contacts
National Designated Authority
Cambodia
Ministry of Environment
His Excellency Mr. Say Samal Primary
Minister
Morodok Techo Building (Lot 503), Tonle Bassac, Chamkarmon, Phnom Penh, Cambodia
Minister
Morodok Techo Building (Lot 503), Tonle Bassac, Chamkarmon, Phnom Penh, Cambodia
Indonesia
Fiscal Policy Agency, Ministry of Finance
Mr. Febrio Kacaribu Primary
Chairman of Fiscal Policy Agency, Ministry of Finance
R.M. Notohamiprodjo Building 2nd Floor, Jalan Dr. Wahidin Raya No. 1, Jakarta, Indonesia
Chairman of Fiscal Policy Agency, Ministry of Finance
R.M. Notohamiprodjo Building 2nd Floor, Jalan Dr. Wahidin Raya No. 1, Jakarta, Indonesia
Mrs. Dian Lestari Secondary
Director of Center for Climate Finance and Multilateral Policy/Head of the NDA Secretariat
Center for Climate Finance and Multilateral Policy, Fiscal Policy Agency, Ministry of Finance, R.M. Notohamiprodjo Building 5th Floor, Jalan Dr. Wahidin Raya No.1,, Jakarta, Indonesia
Director of Center for Climate Finance and Multilateral Policy/Head of the NDA Secretariat
Center for Climate Finance and Multilateral Policy, Fiscal Policy Agency, Ministry of Finance, R.M. Notohamiprodjo Building 5th Floor, Jalan Dr. Wahidin Raya No.1,, Jakarta, Indonesia
Lao People's Democratic Republic (the)
Ministry of Natural Resources and Environment
Ms. Phakkavanh Phissamay Primary
Director General, Department of Planning and Finance, Ministry of Natural Resources and Environment (MONRE)
Ministry of Natural Resources and Environment, Nong Beuk Road, Vientiane Capital, Lao People's Democratic Republic (the)
Director General, Department of Planning and Finance, Ministry of Natural Resources and Environment (MONRE)
Ministry of Natural Resources and Environment, Nong Beuk Road, Vientiane Capital, Lao People's Democratic Republic (the)
Mr. Amphayvanh Oudomdeth Secondary
Deputy Director General, Department of Climate Change, Ministry of Natural Resources and Environment (MONRE)
Ministry of Natural Resources and Environment, Nong Beuk Road, Vientiane Capital, Lao People's Democratic Republic (the)
Deputy Director General, Department of Climate Change, Ministry of Natural Resources and Environment (MONRE)
Ministry of Natural Resources and Environment, Nong Beuk Road, Vientiane Capital, Lao People's Democratic Republic (the)
Mr. Bounpakone Phongphichit Operational focal point
Director of Planning and Cooperation Division
Director of Planning and Cooperation Division
Malaysia
Ministry of Natural Resources, Environment & Climate Change
Mr. Dato' Mohamad Razif Bin Haji Abd Mubin Primary
Deputy Secretary General (Energy, Environment &Climate Change)
Blok F11, Parcel F, Federal Government Administrative Complex, Putrajaya, Malaysia
Deputy Secretary General (Energy, Environment &Climate Change)
Blok F11, Parcel F, Federal Government Administrative Complex, Putrajaya, Malaysia
Dr. Hartini Nasir Primary
Undersecretary Climate Change Division
Aras 10, Blok F 11, Kompleks F, Lebuh Perdana Timur, Presint 1, Putrajaya, Malaysia
Undersecretary Climate Change Division
Aras 10, Blok F 11, Kompleks F, Lebuh Perdana Timur, Presint 1, Putrajaya, Malaysia
Mr. Ahmad Farid Mohammed Secondary
Deputy Undersecretary (Climate Change Policy) Climate Change Division
Aras 10, Blok F 11, Kompleks F, Lebuh Perdana Timur, Presint 1, Putrajaya, Malaysia
Deputy Undersecretary (Climate Change Policy) Climate Change Division
Aras 10, Blok F 11, Kompleks F, Lebuh Perdana Timur, Presint 1, Putrajaya, Malaysia
Ms. Marhaini Mat Secondary
Principal Assistant Secretary (Climate Change Programme) Climate Change Division
Aras 10, Blok F 11, Kompleks F, Lebuh Perdana Timur, Presint 1, Putrajaya, Malaysia
Principal Assistant Secretary (Climate Change Programme) Climate Change Division
Aras 10, Blok F 11, Kompleks F, Lebuh Perdana Timur, Presint 1, Putrajaya, Malaysia
Ms. Norfazira Salleh Secondary
Senior Assistant Secretary (Climate Change Programme) Climate Change Division
Aras 10, Blok F 11, Kompleks F, Lebuh Perdana Timur, Presint 1, Putrajaya, Malaysia
Senior Assistant Secretary (Climate Change Programme) Climate Change Division
Aras 10, Blok F 11, Kompleks F, Lebuh Perdana Timur, Presint 1, Putrajaya, Malaysia
Philippines (the)
Department of Finance
Secretary Benjamin Diokno Primary
Department of Finance Building. Roxas Boulevard, Cor. P. Ocampo Street, Manila, Philippines (the)
Department of Finance Building. Roxas Boulevard, Cor. P. Ocampo Street, Manila, Philippines (the)
Mr. Neil Adrian Cabiles Secondary
Assistant Secretary
Assistant Secretary
Documents
| Title | Type | Date |
|---|---|---|
| Environmental and social safeguards (ESS) report for FP156: ASEAN Catalytic Green Finance Facility (ACGF) - Davao Public Transport Modernization Project | Environmental and Social Safeguards report / Sub-project ESS report | 16 Jun 2022 |
| ASEAN Catalytic Green Finance Facility (ACGF) | Case study | 16 Feb 2022 |
| ASEAN Catalytic Green Finance Facility (ACGF): Green Recovery Program | Approved funding proposal | 06 Apr 2021 |
| Gender action plan for FP156: ASEAN Catalytic Green Finance Facility (ACGF): Green Recovery Program | Gender action plan | 24 Mar 2021 |
| Gender assessment for FP156: ASEAN Catalytic Green Finance Facility (ACGF): Green Recovery Program | Gender assessment | 24 Mar 2021 |
| Environmental and social safeguards (ESS) report for the programme - ASEAN Catalytic Green Finance Facility (ACGF) “Green Recovery Program” for post-COVID infrastructure | Environmental and Social Safeguards report | 23 Feb 2021 |
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