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Taxing emissions in Singapore

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Singapore’s carbon tax is designed to maximize green investments while minimizing negative effects on the overall economy.Carbon pricing is gaining growing recognition as an effective instrument to reduce greenhouse gas emissions and meet the 2 °C goal set by the Paris Agreement. The most common…

The battle against climate change will be won in Asia and the Pacific – President Masa

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“COP26 made several promising steps forward in uniting the world, and the Asia and the Pacific region, to take stronger action against climate change. I was personally encouraged by the spirit of collective determination and willpower I saw at COP26 to solve what is the critical issue of our…

The response to COVID-19 should also be a response to the climate crisis

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Now is the time to ramp up actions on resilience so that society can beat the COVID-19 crisis while reducing the impact of climate threats.The last few weeks have taken all of us by surprise. We are confined to our homes. Weaknesses in health care systems have been exposed. Jobs are uncertain.…

Economic integration and energy efficiency for energy security in ASEAN

Articles
The security of energy supply is crucial for rapid growth in Southeast Asia, but it is being increasingly challenged by the region’s fast-growing energy demand. This high demand can be explained by improvements in energy access as well as population and economic growth. The Association of Southeast…

Technology challenge for a disease-resilient and energy efficient centralized air conditioning systems launched

Press Releases
The Energy SG under one of its technical assistance projects has called an innovation challenge for smart digitalization and applications in disease-resilient and energy-efficient centralized air-conditioning (CAC) systems in public buildings of ADB developing member countries. Up to $295…

TA to support clean, resilient, and energy-efficient centralized air-conditioning system approved

Press Releases
A $1 million regional Knowledge and Support Technical Assistance project was approved on 12 September to help ADB DMCs improve energy efficiency, mitigate the risks of virus transmission, and ensure safe working conditions in public buildings through the deployment of efficient, clean, and smart…

ADB Ventures puts stake in energy efficiency investments in India

Press Releases
On 17 March ADB Ventures announced its first investments: in an electric vehicle company and an energy efficiency-as-a-service company for large hospitals, and commercial buildings both based in India.Euler Motors Pvt. Ltd., based in India, is an electric vehicle manufacturer and fleet operator…

Financing energy efficiency in public goods: the case of street lighting systems in Indonesia

Working Papers
This ADBI working paper proposes several policy recommendations to modify existing guidelines for selecting ESCOs to manage the energy efficiency of streetlights in Indonesia. It specifically proposes the use of smart street lighting technologies to improve the value-added services of streetlights…

Off-Balance Sheet Equity: the engine for energy efficiency capital mobilization

Working Papers
Energy efficiency remains a tricky matter to harness, notwithstanding its vast potential. This ADBI Working Paper examines off-balance sheet equity as one of the options that could be tapped to effectively mobilize energy efficiency financing.

Electric Networks of Armenia Closed Joint-Stock Company Investment Program Phase 2 Project signed

Press Releases
On 13 September, the Asian Development Bank (ADB) and Electric Networks of Armenia Closed Joint-Stock Company (ENA) signed a $35 million deal to improve electricity distribution networks to ensure reliable electricity supply in Armenia, particularly in the provinces. The Leading Asia’s Private…