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Climate Finance Landscape of Asia and the Pacific

Reports and Publications
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. Designed to help governments and development partners identify and address barriers, it offers a…

Empowering people – the role of local energy communities in clean energy transitions

Press Releases
This commentary emphasizes the importance of putting people at the crux of all clean energy transitions. Not only are they instrumental in changing their ways of and patterns of energy consumption, people also stand to gain from the benefits of an improved energy order.

Nonsovereign Commercial and Industrial Rooftop project signed

Press Releases
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. ADB is the mandated lead arranger of the financing package that…

Electric Buses to Reduce Air Pollution in Bishkek

Videos
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from the High-Level Technology Fund, will finance the purchase of 120 modern, battery-electric buses that will replace outdated diesel and trolleybuses in Bishkek. The…

ADB approves project to digitalize Uzbekistan’s power network

Press Releases
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.
The project will upgrade 26 distribution…

First Stakeholder Engagement Meeting for the PH’s Accelerating Coal Transition Investment Plan held in ADB

Press Releases
On 4 August, ADB along with the Philippines’ Department of Energy (DOE), World Bank, and International Finance Corporation gathered more than 120 participants to the first Stakeholders Engagement Meeting for the Philippines’ Climate Investment Fund Accelerating Coal Transition (CIF-ACT) …

Accelerating the Net Zero Transition in Asia and the Pacific: Low-Carbon Hydrogen for Industrial Decarbonization

Reports and Publications
This work investigates the status and potential of green and blue hydrogen in some major industrial sectors, including oil refining, chemical production, iron and steel production, and high-temperature heat applications. The focus is put on the Asia and the Pacific (APAC) region, which accounts for…

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…