South East Asia Prosperity Fund 2016-2017: Promoting Economic Reform and Development for Growth in Partner Countries

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Deadline: 27 March 2016

The Foreign and Commonwealth Office have announced the South East Asia Prosperity Fund over the next 5 years to promote the economic reform and development needed for growth in partner countries.

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The priorities of the fund include improving the business climate, competitiveness and operation of markets, energy and financial sector reform, and increasing the ability of partner countries to tackle corruption.

Project Objectives

Economic Development & Business Environment

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  • Projects that lead to increased cross-border trade and investment by reducing barriers to trade and liberalising key sectors of the economy.
  • Projects that improve the business environment for domestic and foreign firms by promoting regulatory reform and improved legal/arbitration frameworks.
  • Projects that improve transparency and tackle corruption, particularly in the areas of public procurement and business licensing, as well as the adoption of international transparency standards/initiatives.
  • Projects that lead to the development of efficient and transparent frameworks for financing and developing infrastructure, including through public-private partnerships (PPP).

Climate Change, Low Carbon and Energy Security

  • Projects that work with governments to further develop and implement the priority emissions reduction measures identified in their Intended Nationally Determined Contributions.
  • Projects that work with governments to reduce existing and future carbon emissions from the energy sector; including through better interconnectivity, integration, legislation, regulation, policy-making, financing and implementation. Proposals are welcome both on the energy supply side, and on the reduction of energy demand, in particular through improved energy efficiency in key sectors like buildings, industry and transport.
  • Projects that work with governments to enhance national and regional energy security, consistent with a lower carbon energy future for SE Asia.
  • Projects that help governments to engage at and around UNFCCC, to ensure they can contribute effectively to the further development of robust international governance arrangements for the new global climate treaty to take effect in 2020.

Eligibility Criteria

  • The Prosperity Fund accepts project proposals from civil society, governments, think-tanks, commercial organizations and other UK government departments.
  • Project proposals in these specific areas will be considered for funding and can be bilateral (operating in one country) or regional (operating in two or more countries).
  • Projects have to operate in our main markets (Indonesia, Malaysia, Philippines, Thailand, Vietnam and additionally in Burma). Regional projects can include a small element of work in other South East Asia countries (Cambodia, Laos PDR, Brunei & Singapore) but the project’s focus should be in our main markets.

How to Apply

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Applicants must download the project proposal from through the website and send it via email at the address mentioned on the website.

For more information, please visit South East Asia Prosperity Fund.