Climate Technology Accelerator Fund

About the Climate Technology Accelerator Fund

The Climate Technology Accelerator Fund (CTAF) is GGGI’s new platform to identify, pilot, and scale future-oriented climate technologies that support green growth, sustainable industries, and country-led climate action. Launched with support from the Ministry of Science and ICT (MSIT) of the Republic of Korea, CTAF connects technology, policy, finance, and implementation partners to turn innovative solutions into scalable climate impact. With a planned funding size of approximately USD 14 million over seven years, CTAF operates through three financing windows to support climate technologies from proof-of-concept to commercialization. The fund helps build bankable project pipelines, connect solutions with climate finance opportunities, and strengthen the enabling conditions needed to scale technologies across countries and communities.

➝ Read more

Our operating model

CTAF operates through a collaborative model designed to move climate technologies from demonstration to scale. Its strategy focuses on creating shared value for partner governments, industries, universities, and research institutes. It will pilot technologies globally through existing funds and initiatives, engaging expert working groups to strengthen project quality and impact, advancing future-oriented innovations beyond conventional solutions, and showcasing results worldwide to attract partners, support commercialization, and expand the fund’s reach.

How to work with us

Countries and organizations can partner with CTAF by joining as members, developing or participating in climate technology demonstration projects, and connecting local companies, research institutes, and universities with global innovation opportunities. Through GGGI’s country offices across Asia, Africa, Latin America, the Pacific, and the Middle East, CTAF will support governments and partners in identifying promising technologies, building collaboration networks, and advancing projects that can incubate new green industries and scale future-oriented climate solutions.

Interested governments, institutions, companies, and research partners are encouraged to contact youngki.yoon@gggi.org to learn more about becoming a CTAF member.

How CTAF selects projects to fund

 

1. Initial Check

The CTAF Secretariat reviews every submitted proposal for completeness and strategic fit. Only proposals that pass this initial check move forward.

 

2. Review by the Technology & Policy Expert Working Group (TPE W/G)

The Technology and Policy Expert Working Group assesses whether the proposed technology is credible, scalable and aligned with national climate policy.

 

3. Review by the Country & Regional Expert Working Group (CRE W/G)

Approved proposals move to the Country and Regional Expert Working Group, which reviews regional context, national sustainability priorities and stakeholder readiness

 

4. Final Approval by the CTAF Project Steering Committee (PSC)

Projects that clear both working groups go to the CTAF Project Steering Committee, which makes the final funding decision and determines whether the project follows the Demonstration, Pre-joint study or Regional Strategy Initiative Track.

 

5. Project Implementation

Selected projects are supported by the CTAF Secretariat throughout implementation.

 

6. Completion & Further Funding

Regional Strategy Initiative Projects (RSIP)

The results and learnings produced by Regional Strategy Initiative Projects are then used to inform strategy and further development of Pre-joint Study and Demonstration Projects in the region.

Pre-joint Study Project (PJSP)

Pre-joint Study Projects run for up to one year, with a possible six-month extension. Upon successful completion, projects have approximately an 85% chance of being selected as a Demonstration Project. The CTAF Secretariat also supports projects that have completed their pre-joint study successfully in securing follow-on funding from GGGI internal and external sources.

Demonstration Projects (DMP)

The CTAF Secretariat supports successfully completed Demonstration Projects to attract follow-on financing, whether from GGGI‘s internal funds, external finance institutions such as the World Bank or the Green Climate Fund (GCF) or government and donor-country support. To support this effort, Demonstration Projects can transition into Commercialization Accelerator Projects.

Commercialization Accelerator Projects (CAP)

Since Commercialization Accelerator Projects are designed to accelerate market entry, projects that successfully complete this track are expected to have secured outside funding and be ready for commercialization in the market.

CTAF in global news

Chaco Sin Fronteras – Paraguay implementará un modelo de inteligencia artificial para mapear riesgos climáticos y acelerar la transición energética. → Read more

El Nacional – Paraguay desarrollará una plataforma con inteligencia artificial para mapear riesgos climáticos y energías renovables. → Read more

Mundo Fluvial Marítimo – Paraguay desarrollará una plataforma de inteligencia artificial para mapear riesgos climáticos y energías renovables: es el único país de América Latina seleccionado por un fondo internacional de tecnología climática. → Read more

MarketData – IA y energía renovable: Paraguay impulsa nueva plataforma tecnológica. → Read more

Green Tour Magazine – Paraguay desarrollará su primera plataforma con inteligencia artificial para fortalecer la gestión climática y las energías renovables. → Read more

Cambodianess – An AI-powered smart-grid project in Cambodia has been selected for international funding under the Climate Technology Accelerator Fund. → Read more

The Phnom Penh Post – Cambodian selected for AI-electricity grid management project. → Read more

Korea Weekly Newspaper in Cambodia – 캄보디아에서 활용된 인공지능(AI) 기반 스마트그리드 기술이 한국 정부와 글로벌녹색성장기구(GGGI)가 추진하는 글로벌 기후기술 지원사업에 선정됐다. → Read more

Digital Today – South Korea’s Ministry of Science and ICT has selected 10 climate technology demonstration projects in partnership with the Global Green Growth Institute. → Read more

Energy News – 글로벌녹색성장기구(GGGI)는 대한민국 과학기술정보통신부와 협력해 지난 4월 출범한 글로벌기후기술촉진기금(CTAF)을 통해 총 10개국에서 2026년 기후기술 실증 프로젝트를 본격 추진한다. → Read more

The Asian Business Daily – Korean public climate technologies will begin full-scale demonstration projects in Cambodia, Jordan, Paraguay, and other overseas locations. → Read more

한국경제 –  혁신기술 융합한 ‘기후 실증 플랫폼’…미래 산업질서 좌우한다. → Read more

Daum News – 과학기술정보통신부가 기후 변화 대응을 위해 올해부터 7년간 총 210억원 규모의 분담금을 조성한다. → Read more

The Asian Business Daily – GGGI signed an administrative agreement with the Ministry of Science and ICT for the operation of the Climate Technology Accelerator Fund. → Read more

Youngki Yoon

Head of Climate Technology Accelerator Fund

Contact Information

Ministry of Science and ICT of the Republic of Korea

Latest projects

Country

Jordan

Period

Q3 2026 - Q4 2026

Funding

$130,000

Theme

01 Green Investment

Project Code

26ME01

Country

Paraguay

Period

Q3 2026 - Q4 2026

Funding

$130,000

Theme

04. Sustainable Landscapes

Project Code

24LA04

Country

Mongolia

Period

Q3 2026 - Q4 2026

Funding

$13,000

Theme

08 Green Buildings

Project Code

26AS08

Country

India

Period

Q3 2026 - Q3 2026

Funding

$13,000

Theme

09 Sustainable Energy

Project Code

26AS03

Country

Philippines

Period

Q3 2026 - Q4 2026

Funding

$13,000

Theme

Project Code

26AS11

Country

Kyrgyz Republic

Period

Q3 2026 - Q4 2026

Funding

$13,000

Theme

Water Management

Project Code

26AS06

Country

Cambodia

Lao PDR

Period

Q3 2026 - Q4 2026

Funding

$130,000

Theme

02 Climate Action

Project Code

26AS02

Country

Sri Lanka

Period

Q3 2026 - Q4 2026

Funding

$13,000

Theme

01 Green Investment

07 Sustainable Mobility

Project Code

26AS13