The Cambodian Climate Financing Facility (CCFF) is an innovative, dedicated national climate
finance facility expected to mobilize US$ 105 million, blending US$ 100 million loans and US$ 5
million grants to catalyze private sector investments into high impact climate mitigation and
adaptation projects in line with Cambodia’s updated Nationally Determined Contribution (NDC)
pathway and Sustainable Development Goals (SDGs).
The CCFF will be housed under the Cambodian policy bank, the Agricultural and Rural
Development Bank (ARDB). ARDB is a public enterprise, whose sole shareholder is the Ministry
of Economy and Finance (MEF) of the RGC. ARDB is a state-owned commercial bank subject
to the technical and financial supervision of the MEF and the regulatory supervision of the
National Bank of Cambodia (NBC).
To issue loans under the Programme, ARDB will establish a dedicated CCFF Working Group,
responsible for deal sourcing, credit assessment, and loan issuance and administration as per
CCFF Operational Guidelines. Mekong Strategic Capital (MSC) will manage the CCFF TA
Facility as per the terms and conditions of the subsidiary agreement and Grant Policy. All
activities to be funded by this Programme (including through financial intermediaries) need to
comply with the fit for purpose, Environmental and Social Management System developed for
this programme below.
The Programme consists of the following components:
- Component 1 (Grant, US$3 million):
Establishment of the Cambodian Climate Financing
Facility - Component 2 (Loan, US$100 million):
Climate Financing for High Climate Impact
Mitigation and Adaptation Projects - Component 3 (Grant, US$2 million):
Technical Assistance Facility to Address Nonfinancial Barriers Hindering Uptake of Climate Projects in Cambodia