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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.…

Helping Sri Lanka to go green

Articles
Learn how the Wind Power Generation Project in Mannar Island in Sri Lanka paved the way for the first 100-MW wind park on the island’s south coast

How Central Asia Can Achieve Greater Energy Security

Articles
Policy recommendations to improve energy security in CAREC countries include the simultaneous increase in all four dimensions of energy security (energy resource availability, accessibility barriers, environmental acceptability, investment cost affordability), establishing a unified legal energy…

Solar power from the rooftops in Sri Lanka

Articles
See how ADB is supporting Sri Lanka’s bid to increase the use of solar power and other renewable energy sources in providing electricity to the whole country and meet its commitment to the Paris Agreement on climate change. The government’s Battle for Solar Energy program envisions 1000 megawatts…

ADB, Uzbekistan Sign $60 Million Loan to Support Hydropower Development

Press Releases
On 3 September ADB and the Government of Uzbekistan signed a $60 million loan for the Sustainable Hydropower Project, approved by ADB on 30 September 2019.
The project will construct hydropower plants with 25 MW of total capacity. This is composed of a 6 MW plant in Rabat, an 8 MW plant in…

Two energy projects approved on 28 May

Press Releases
The Geothermal Power Generation Project that will help increase Indonesia’s geothermal power generation capacity by 110 megawatts was approved on 28 May 2020. The $300 million loan will finance the construction and commissioning of two geothermal plants at Dieng in Central Java and Patuha…

POISED awarded as best project under the renewable and energy efficiency category

Press Releases
The Preparing Outer Islands for Sustainable Energy Development (POISED) Project in the Maldives led by SAEN’s Jaimes Kolantharaj has been hailed as the best renewable energy and energy efficiency at the 8th Greening the Islands (GTI) e-Convention – International Conference and Exhibition. The…

ADB Accelerating Renewable Energy in Mongolia with Advanced Battery Storage System

Press Releases
ULAANBAATAR, MONGOLIA (22 April 2020) — The Asian Development Bank (ADB) has approved a $100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS).“Mongolia is among the most heavily coal dependent developing…