The U.S. Agency for International Development (USAID) regional Private Financing Advisory Network-Asia (PFAN) program will assist businesses, governments, and others in Asia’s developing countries to mobilize and scale up investments in clean energy. A previous USAID program had achieved broad success in mobilizing more than $275 million in new private investment for 21 clean energy projects across the region. The primary goals of the new five-year program, which will end in 2018, are to mobilize at least $1 billion in funds for clean energy investments and avoid or reduce greenhouse gas emissions amounting to at least 40 million tons of carbon dioxide equivalent.
