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Colleagues from SERD asserts in the blog the need to integrate green financing principles and incentives into infrastructure investment instruments and structures to strike a balance between economic, social and environmental sustainability.
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Total climate finance in 2020 reached $5.3 billion consisting of ADB resources and co-financing, falling from $7 billion in 2019. The share of climate investments in energy across energy, multisector and other sector’s projects is 44%. A large part of these investments or 96% came from mitigation…
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See how ADB supports a green, resilient, and inclusive recovery in the region, incorporating climate and environmental sustainability through the support from the Association of Southeast Asian Nations (ASEAN) Catalytic Green Finance Facility (ACGF) in this Q&A.
Articles
Read through what the experts, including Energy Sector Group’s own Chief - say about aligning power system planning and management with climate goals. The task is already complicated enough with meeting supply reliability and quality, and in recent years, the integration of renewables. But having a…
Press Releases
The Southern Thailand Wind Power and Battery Energy Storage Project were signed on 18 May 2020 marking the first ever such installation to be constructed in the country. The $7.7 million-equivalent Ioan to the Lomligor Company Limited under ADB’s Private Sector Operations Department (PSOD)…
Press Releases
The Board approved on 28 September the $200 million policy-based loan that will strengthen the power sector in Uzbekistan. The Power Sector Reform Program will improve the financial sustainability of the sector, will help create an environment conducive to sustained investments,…
Press Releases
BEIJING, PEOPLE’S REPUBLIC OF CHINA (31 March 2020) — The Asian Development Bank (ADB) and China Gas Holdings Ltd. (CGH) today signed a $20 million private sector loan agreement to support natural gas and liquefied petroleum gas (LPG) deliveries to households, hospitals, industry, and services…
Press Releases
The ADB Board on 11 September approved a loan to improve the transmission and distribution network in Cambodia. The concessional loan in the amount of $127.8 million from ADB’s ordinary capital resources is being supplemented by grants where $4.7 million will be coming from the Strategic Climate…
Press Releases
On 11 February, ADB and the Energy Absolute Public Company Limited signed a $47.62 million green loan that will finance the Nakornsawan Solar and Hanuman Wind power plants and deploy fast and standard chargers at charging stations across Thailand.The country intends to be the regional…
Press Releases
The ADB Board approved on 29 June the South Asia Subregional Economic Cooperation Power Transmission and Distributions Systems Strengthening Project that will finance the reinforcement and modernization of the power transmission system in Kathmandu Valley, Bharatpur metropolitan area of…