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Fighting Climate Change with New E-Buses

Videos
The VinFast Electric Mobility Green Loan Project is ticking a lot of boxes and reaping co-benefits as it tries to reduce traffic congestion, air pollution, and greenhouse gas emissions in Viet Nam.

Six Technologies Powering the Clean Energy Transition

Press Releases
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. These technologies include: smart grids, batteries, electric vehicles, green hydrogen, green buildings, and electric cooking.…

Fossil Fuel Subsidies reached record $7 trillion in 2022

Press Releases
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.  Governments’ efforts to shield consumers and business from the global increase in energy prices costs caused by the Russian…

Energy Sector Guidance Notes on Gas and Waste to Energy to Be Presented at the Across-the-Board Session

Press Releases
The Energy Sector Group will present the guidance notes on gas and waste to energy projects at the Across-the-Board Session on the week of 18 July. The presentation will be led by Energy SG Chief Priyantha Wijayatunga. Select members of ADB management and staff will also attend as observers. The…

UK Fund helps augment ASEAN Green Recovery Platform

Press Releases
ADB and the Government of the United Kingdom (UK) have signed a memorandum of understanding to develop a £107 million (around $134 million) trust fund to support efforts by Association of Southeast Asian Nations (ASEAN) countries to scale up green financing and shift to low-emission, climate-…

Guidance notes on natural gas and waste to energy to be presented to the Board

Press Releases
The Energy Sector Group led by its Chief, Priyantha Wijayatunga is scheduled to present the guidance notes on natural gas and waste to energy at the Across-the-Board session on 28 July at 2 o’clock in the afternoon. At the helm of the preparation of the natural gas note is David Morgado while…

10 Things to Know About the Blue SEA (Southeast Asia) Finance Hub

Press Releases
ADB established the Blue SEA (Southeast Asia) Finance Hub at its Indonesia Resident Mission in November 2021. The Hub is supported by the Association of Southeast Asian Nations (ASEAN) Catalytic Green Finance Facility (ACGF) which was launched in April 2019 to promote green infrastructure…

ETM, Safeguards and a Just Transition

Press Releases
Transition to clean energy that entails transforming the structures and systems may come with it the tradeoffs of any shifts. The Energy Transition Mechanism ensures that any social, environmental, and economic costs of shifting from heavily depending on coal or other fossil fuels will be mitigated…

Off-grid Renewable Hybrid Energy System in Altai, Mongolia commissioned

Press Releases
On 1 August, ADB and the Government of Mongolia inaugurated an off-grid hybrid solar energy system in Altai soum, in the western Gobi-Altai aimag. The system provides electricity to over 1,500 residents who would otherwise be without power considering the Altai mountains getting in between them and…

Loan supporting electricity, water, and wastewater utility reform in Palau approved

Press Releases
On 15 August, ADB approved a $5 million loan to improve the corporate governance and financial management of Palau Public Utilities Corporation (PPUC) in the areas of financial sustainability, efficient regulation, and tariffs. The loan will also help improve the policy environment for private…