Energy Transition Mechanism (ETM) Partnership Trust Fund Grant

About this grant

The Energy Transition Mechanism Partnership Trust Fund (ETMPTF) is a multi-partner trust fund established in June 2022 under the Clean Energy Financing Partnership Facility. It mobilizes resources for the Energy Transition Mechanism (ETM), which aims to catalyze public and private capital to accelerate the transition from carbon-intensive coal-based power plants to clean energy in ADB's developing member countries (DMCs). The objective of the fund is to support ETM activities for the early retirement of coal-based generation assets and the transition to clean energy in DMCs in order to reduce greenhouse gas emissions. Eligible activities, delivered through technical assistance, grants, or concessional financing, must relate to one or more of the following: reducing greenhouse gas emissions from coal-fired power plants through early retirement or repurposing for clean energy (which may include fuel switching to zero carbon fuels and carbon capture and storage); increasing the share of clean energy, including through enhanced grid capacity; helping DMCs develop and enact policy and regulatory measures to accelerate the shift from coal to clean energy; and supporting a just transition to clean energy. To receive support, DMCs must have committed to an ETM feasibility or pre-feasibility study or provide strong evidence of commitment to early retirement or repurposing of fossil fuel-fired power plants. Priority for the first two years is Indonesia, the Philippines and Vietnam, the Southeast Asian countries participating in the ETM pilot. The fund has received contributions from Japan, Germany and New Zealand, and has already supported technical assistance projects, lending programmes in Indonesia, just transition activities and feasibility studies.

Eligibility

All ADB developing member countries are eligible in principle, but DMCs must have committed to an ETM feasibility or pre-feasibility study or show strong evidence of commitment to early retirement or repurposing of fossil fuel-fired power plants. Southeast Asian DMCs and those already expressing interest in ETM are prioritised, with Indonesia, the Philippines and Vietnam as priority locations for the first two years. The page does not describe eligibility for private applicants or other organisation types beyond support flowing to DMCs through ADB.

Key requirements

• ✓Projects must support coal-fired power plant retirement in Asia
• ✓Focus on clean energy transition and deployment
• ✓Alignment with ADB Energy Transition Mechanism objectives
• ✓Likely requires partnership or consortium structure given 'Partnership Trust Fund' designation

Recent past awardees

Knowing who's won the last rounds tells you whether you're in the strike zone.

• Indonesia ETM lending programme
• Japan contribution to ETMPTF · $25M
• Germany contribution to ETMPTF · $27.5M
• New Zealand contribution to ETMPTF · $25M

Funder contact

The notice names a programme contact you can speak to before applying.

Frequently asked questions

Who can apply for Energy Transition Mechanism (ETM) Partnership Trust Fund?

Eligibility covers organisations in ASIA; large-company, nonprofit, local-authority, consortium. See the eligibility criteria above for the full conditions.

Relevant sectors

About this sector

Renewable energy funding covers solar, wind, hydropower, geothermal and bioenergy, from early research to grid-scale deployment. Public money tends to back demonstration, grid connection and access to energy in emerging markets, while procurement notices buy installation, operation and maintenance. Calls often ask for proof of resource assessment, permitting progress and local partners.