Date of effectiveness: 04.2007
The CEFPF was established in 2007 to help improve energy security in developing member countries and decrease the rate of climate change. It will do this by financing the deployment of new, more efficient and less polluting supply and end-use technologies, through either grant or non-grant resources. CEFPF resources are also intended to finance policy, regulatory, and institutional reforms that encourage clean energy development.
Potential investments include-
- Deployment of new clean energy technology;
- Projects that lower the barriers to adopting clean energy technologies;
- Projects that increase access to modern forms of clean and efficient energy for the poor;
- Technical capacity programs for clean energy