Clean Energy Finance and Investment Roadmap of India

Annex B. Available multilateral funding for new energy-efficient technologies

Table A B.1. Available multilateral funding for new energy-efficient technologies

Name	Year created	Donors	Mission	Eligibility	Focus areas	Corpus	Type of assistance	Key outcomes
Clean Technology Fund	2008	Australia, Canada, France, Germany, Japan, Spain, Sweden, United Kingdom, United States	To promote scaled-up financing for demonstration, deployment and transfer of low-carbon technologies with significant potential for long-term greenhouse gas emissions savings.	ODA eligible countries under OECD-DAC list	Renewable energy; Energy efficiency in power, transport, industry, buildings and agriculture	USD 5.4 billion	Blend of instruments: Grants, contingent grants, concessional loans, equity and guarantees. Grant element at least 25%.	USD 4.8 billion used by 2021; 5392 GWh annual energy savings from 19 projects
Global Environment Facility	1991	40 donor countries, both developed and developing	To address the most pressing environmental issues, including by supporting technology transfers	Developing countries and economies in transition	Biodiversity loss, Chemicals and waste, Climate change, International waters, and Land degradation	USD 5.3 billion for 2022-26	Grants, blended finance	USD 22 billion provided till date
Green Climate Fund	2010	Annex 1 countries under the Paris Agreement	To support low-emission, climate-resilient development pathways, including investing in new technologies.	Non-Annex 1 countries under the Paris Agreement	Adaptation; Mitigation	USD 10 billion	Flexible combination of grant, concessional debt, guarantees or equity instruments.	USD 2.9 billion used in 32 projects by 2021;
Special Climate Change Fund	2001	Belgium, Canada, Denmark, Finland, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom, United States	To support adaptation and transfer of climate-resilient technologies to developing countries	Non-Annex 1 countries under the Paris Agreement	Adaptation; Transfer of technologies	USD 375 million	Grants	USD 355 million invested in 87 projects

Note: OECD-DAC list of ODA eligible countries can be found on OECD website. Annex 1 and Non-Annex 1 countries under the Paris Agreement are listed on UNFCCC website.

Source: Funds’ and Facilities’ websites.