Displaying 11 - 20 of 82

New Trust Fund under CEFPF to Accelerate Artificial Intelligence and Digitalization Technologies for Clean Energy

Press Releases
The ADB and the Government of the United Kingdom, acting through the Department of Business, Energy and Industrial Strategy, signed an agreement to establish the Artificial Intelligence and Digitalization Innovation Fund (AIDIF) under the CEFPF with an initial contribution of £10 million…

Which financing sources matter for private investment in renewable energy in Asia?

Recommended Reads
ADBI’s Dina Azhgaliyeva, John Beirne, and Ranjeeta Mishra share their views on how best to fill the financing gap in renewable energy investments in the region in this blog. They assessed which among the different types of financing: asset finance, corporate research and development (R&D),…

Build green to help fend off the next pandemic

Recommended Reads
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. 

Energy accounts 44% of ADB climate finance in 2020

Recommended Reads
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…

Q&A: Funding green recovery in Southeast Asia

Recommended Reads
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.

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…