FP240
Collaborative R&DB Programme for Promoting the Innovation of Climate Technopreneurship
Collaborative R&DB Programme for Promoting the Innovation of Climate Technopreneurship
Many of the countries in Southeast Asia are among the most vulnerable to climate change. And yet, some of the countries in the region also have the most carbon-intensive growth. To achieve low emission, climate-resilient growth, these countries not only need climate technology transfer but also a regional ecosystem for climate technology incubation and acceleration. However, the Southeast Asian ecosystem for climate technology incubation, acceleration, and growth investment is nascent.
The Collaborative R&DB programme targets five countries in Southeast Asia: Cambodia, Indonesia, Lao People’s Democratic Republic, the Philippines, and Viet Nam. The programme will create an incubation and acceleration platform to support and improve the local ecosystem for climate technology for low emission and climate-resilient development, which are fit-for-purpose for the local market and social conditions. The platform will also enable joint ventures and technology transfer, where appropriate, between local entrepreneurs and global climate technology innovators. These objectives will be achieved through a USD 200 million fund to crowd-in private capital, which will be complemented by technical assistance activities. The technical assistance will build regional and domestic capacity for climate technology, as well as provide enabling policy support. The Climate Techopreneurship Fund, which will be created under this programme, will invest in approximately 40 portfolio companies in the region. The investment in the climate technology and business of the portfolio companies are expected to ultimately reach 2.3 million direct and indirect beneficiaries.
This funding proposal was developed with support provided by the GCF Project Preparation Facility.
Project timeline
Pipeline
21 Sep 2020 - 1397 days
Concept note received
21 Sep 2020
Funding proposal received
28 Feb 2022
Cleared by GCF Secretariat
20 Apr 2023
Cleared by iTAP
24 Jun 2024
Approved
18 Jul 2024 - 112 days so far
Approved by GCF Board
18 Jul 2024
Under implementation
To be completed
One region
- Asia-Pacific
Five countries
One priority group
- Least Developed Countries
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing
Instrument | Amount |
---|---|
Equity | USD 83,750,000 |
Grant | USD 20,721,000 |
Total GCF Financing |
---|
USD 104,471,000 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Equity | USD 116,250,000 |
Co-Financing | In-kind | USD 393,900 |
Co-Financing | In-kind | USD 100,000 |
Total Co-Financing |
---|
USD 116,743,900 |
GCF Contacts
General media inquiries
GCF CommunicationsSend 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 6714 (KST)
Send e-mail
Entity
Korea Development Bank
Senior Manager, Lead Climate Negotiator
More contacts
National Designated Authority
Ministry of Environment
Minister of Environment
Morodok Decho Building, No. 503, Chamkarmon,, Phnom Penh, Cambodia
Secretary of State, Ministry of Environment
Under Secretary of State, Ministry of Environment
Director General, General Directorate of Policy and Strategy, Ministry of Environment
Fiscal Policy Agency, Ministry of Finance
Chairman of Fiscal Policy Agency, Ministry of Finance
R.M. Notohamiprodjo Building 2nd Floor, Jalan Dr. Wahidin Raya No. 1, Jakarta, Indonesia
Director of Center for Climate Finance and Multilateral Policy/Head of the NDA Secretariat
R.M. Notohamiprodjo Building 5th Floor, Jalan Dr. Wahidin Raya No. 1, Jakarta, Indonesia
Ministry of Natural Resources and Environment
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)
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)
Director of Planning and Cooperation Division
Department of Finance
Undersecretary, International Finance Group
Ministry of Planning and Investment
Director General, Department of Science, Education, Natural Resources and Environment
6B Hoang Dieu Street, Ba Dinh District, Ha Noi, Viet Nam
Deputy Director General
Official - Dept. of Science, Education, Natural Resources and Environment
Documents
Title | Type | Date |
---|---|---|
Collaborative R&DB Programme for Promoting the Innovation of Climate Technopreneurship | Approved funding proposal | 14 Aug 2024 |
Environmental and social safeguards (ESS) report for FP240: Collaborative R&DB Programme for Promoting the Innovation of Climate Technopreneurship | Environmental and Social Safeguards report | 14 Jun 2024 |