Supporting the Energy Transition

Project Dates: January 2017 - December 2025
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Supporting the Energy Transition
PROJECT OBJECTIVE

A $24.3 million grant is dedicated to facilitating the energy transition in Southeast Asia. This includes providing targeted technical assistance to governments and key power sector institutions and lending support to emerging local civil society organizations.

PROJECT DESCRIPTION

CIFF joins several global philanthropies and countries to launch a new collaboration at the One Planet Summit in New York, to accelerate the energy transition in partnership with countries in South East Asia.

South East Asian countries can ensure continued economic growth and prosperity, keep pace with the related growth in energy demand, and meet their Nationally Determined Contributions (NDCs) toward the Paris Agreement.

The fall in the cost of renewable energy, the untapped renewable energy potential in South East Asia, and the lessons learned from increasing renewable energy penetration globally present an opportunity for South East Asian countries to accelerate their energy transition and meet their Paris commitments.CIFF will be leveraging its strengths, and working with governments and global philanthropies to maximise our collective impact, building on and extending existing partnerships across the region. This innovative partnership will allow for coordinated support and faster action, and is intended to encourage other governments and philanthropies to join.


SECTORS OR AREAS OF WORK
  1. Energy transition


BUDGET

USD 243,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. The Children’s Investment Fund Foundation (CIFF)
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
GOVERNMENT PARTNER
  1. None
BUDGET

USD 243,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. The Children’s Investment Fund Foundation (CIFF)
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
GOVERNMENT PARTNER
  1. None