Partners
The Energy Transition Accelerator Financing (ETAF) platform is managed by the International Renewable Energy Agency (IRENA). IRENA provides its expertise on energy transition technologies as a leading international organization in the field. As platform manager, IRENA facilitates the cooperation with and between the partners from project evaluation towards financial close.
Abu Dhabi Fund for Development
Abu Dhabi Fund for Development (ADFD) is the UAE’s leading bilateral development financing institution that supports developing countries achieve sustainable and inclusive growth. Established in 1971 and owned by the Abu Dhabi Government, ADFD finances the development of infrastructure projects in developing nations through the use of concessionary loans, long-term and strategic investments, and exports financing that help partner countries achieve highly impactful economic, social and environmental objectives. ADFD also manages grants offered by the Abu Dhabi government to developing nations, and supports the UAE’s overall agenda for international aid.
Asian Infrastructure Investment Bank (AIIB)
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. AIIB began operations in Beijing in January 2016 and have since grown to 105 approved members worldwide. AIIB is capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Working with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
Inter-American Development Bank (IDB)
With a history dating back to 1959, the Inter-American Development Bank (IDB) has become the leading source of development financing for Latin America and the Caribbean. Through the provision of financial and technical support, IDB helps enhance health and education, as well as advance infrastructure. IDB prioritizes social inclusion and equality, productivity and innovation, and regional economic integration in its development work across Latin America and the Caribbean.
Masdar
Abu Dhabi’s renewable energy company Masdar is advancing the commercialisation and deployment of renewable energy, sustainable urban development and clean technologies to address global sustainability challenges. Masdar's mandate is to help maintain the UAE’s leadership in the global energy sector, while supporting the diversification of both its economy and energy sources for the benefit of future generations. Today, Masdar is active in more than 40 countries, including the UAE, Jordan, Saudi Arabia, Mauritania, Egypt, Morocco, the UK, the US, Australia, Serbia, India, Indonesia, Uzbekistan, and many more.
OPEC Fund
The OPEC Fund for International Development (OPEC Fund) was established in 1976 with a clear mission to drive development, strengthen communities, and empower individuals. Its primary focus lies in financing projects that address essential needs such as food, energy, infrastructure, employment (especially for MSMEs), clean water and sanitation, healthcare, and education. Over the years, the OPEC Fund has demonstrated its commitment by allocating more than US$24 billion to development projects across 125 countries. With nearly five decades of experience in development finance and technical assistance, the OPEC Fund has a proven track record of delivering impactful development outcomes through strategic partnerships, including in the area of energy access.
Swiss Re
As one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, Swiss Re works with the private and public sector to make the world more resilient. Founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally, with approximately 14,000 employees. As a re/insurer, Swiss Re is both impacted by climate change and play an important role in tackling it. With its vision of making the world more resilient, Swiss Re is fully committed to working with governments, clients and other stakeholders to reach net-zero emissions in our operations by 2030 and in our underwriting and asset management by 2050. Swiss Re will help advance the energy transition and continue to provide re/insurance solutions to support the expansion of renewable energy and invest in the scaling of carbon removal technology. Swiss Re is also a member of RE100, working to increase global corporate commitment to renewable electricity.