The Distribution Network Digital Transformation and Resiliency Project was approved by the Board on 20 September 2023. The $200 million loan will help Uzbekistan’s power system reduce losses, enhance reliability of supply, and improve energy efficiency.
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The Accelerating Sustainable System Development Using Renewable Energy (ASSURE) Project was approved by the ADB Board on 12 September 2023.
On 11 September, ADB and GreenYellow Smart Solutions Vietnam Co., Ltd. signed a $13.8 million loan agreement to install rooftop solar photovoltaic (PV) systems on the rooftops of commercial and industrial businesses in Viet Nam.
The Urban Transport Electrification Project, which comprises a $25 million loan, a $25 million grant, and $650,000 in cofinancing from the High-Level Technology Fund, will finance the purchase of 120 modern, battery-electric buses that will replace outdated diesel and trolleybuses in Bishkek.
According to a working paper recently released by the International Monetary Fund, fossil fuel subsidies increased to a record high of $7 trillion in 2022 due.
ACEF 2023 may have come and gone. This feature is a summary of sorts that focuses on the main technologies that may bring the region’s clean energy transition to fruition.
A co-publication between ADB, Bloomberg Philanthropies, ClimateWorks Foundation, and Sustainable Energy for All, the report focuses on ways to increase the manufacture of solar photovoltaic cells, batteries, and electric two-wheelers.
This report assesses climate finance in Asia and the Pacific and analyzes how it can be harnessed by developing member countries to expand climate action and spur low-carbon, resilient growth.
The Asset Triple A Awards has given ADB recognition for this year’s
Applications to the Clean Energy Financing Partnership Facility (CEFPF) can now be submitted online.