Australia Steps Up Green Finance in Southeast Asia with £75m Debt Facility
Export Finance Australia (EFA), the government’s export credit and development agency, has extended a £75 million debt facility to the Emerging Africa and Asia Infrastructure Fund (EAAIF), managed by the Private Infrastructure Development Group.
The financing will back renewable energy, digital connectivity, and sustainable transport projects across South and Southeast Asia—regions marked by rapid industrial growth yet critically underserved in green infrastructure funding. Despite hosting two of the world’s five fastest-growing economies in 2024, the region attracts only around 2% of global green energy investment, a shortfall exacerbated by its high vulnerability to climate risks.
EFA’s support aims to help close this gap, boosting access to capital for climate-resilient and strategic infrastructure. “Our investment enables a diverse pipeline of renewable energy and infrastructure projects, helping address the region’s financing shortfall,” said John Hopkins, Managing Director and CEO of EFA.
The move also reinforces Australia’s growing economic engagement with Southeast Asia, following last year’s £1.5 billion Southeast Asia Investment Financing Facility, managed by EFA, to deepen cross-border investment links.
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