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ADB Announces $6.5 Billion Initial Response to COVID-19 Pandemic

Press Releases
MANILA, PHILIPPINES (18 March 2020) — The Asian Development Bank (ADB) today announced a $6.5 billion initial package to address the immediate needs of its developing member countries (DMCs) as they respond to the novel coronavirus (COVID-19) pandemic."This pandemic has become a major global…

Businesses need to take a green path to recovery after COVID-19

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There is no going back to the old order. Doing business as usual is no longer an option in light of the COVID-19 pandemic. The authors posit that investments in ‘green sectors’ such as sustainable agriculture, renewable energy, green buildings, etc. is the way to go.

Cambodia is making strides on the long road to low-carbon economic growth

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Despite the country’s minimal share (at 0.02%) to global greenhouse gas emissions. Cambodia stands vulnerable to the adverse effects of climate change such as flooding and extreme weather events. CARM’s CD Sunniya Durrani-Jamal, together with Economist Darren Byers lays down possible pathways for…

Project evaluations show that greater energy access leads to income and education gains

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IED’s Ari Perdana, et al. provides more empirical evidence on the correlation between energy access, income, and education. Their study finds that programs that increase electricity access led to slight improvements in both income and education measures with the largest gains observed in…

Response to Post Covid-19: Green Recovery

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A green recovery is key to ensuring a sustainable and resilient return to growth and development after COVID-19. Global examples show how climate change and other green themes can be central to COVID-19 responses so that countries can build back better.

Six Ways to Jumpstart a Green Recovery After COVID-19

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In this article, Bruce Dunn, SDSS Director and the Environment TG OIC shares 6 ideas of rebounding from the coronavirus pandemic through the more sustainable path. See how energy figures in the mix.Major multilateral development banks including ADB committed $66 billion in 2020 from $61 billion in…

First SDG Dialogues held

Videos
On 7 April, President Masa delivered the Opening Keynote speech at the first SDG Dialogues: A Decade of Action – Enabling the SDGs. The Dialogue in this first round reflected on ADB’s efforts to support the SDGs, and opportunities to help developing members accelerate progress on the Goals as they…

Building Sustainability and Resilience in the Energy Sector

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…

First wind power and battery energy storage loan in Thailand signed

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)…

Two energy projects approved for Central and West DMCs

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,…