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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…

ADB Ventures – ADB’s new impact-technology platform

Press Releases
In early 2020, ADB launched its first venture investment platform, ADB Ventures. It’s a venture capital investor with a difference. Like all VC investors, ADB Ventures will pursue commercial returns, but it will target investments in companies and technologies that deliver development impact…

Developing countries face $4 trillion investment gap in SDGs

Press Releases
Some staggering numbers and storylines came out of the World Investment Report 2023 published by the UN Conference on Trade and Development (UNCTAD) on 5 July 2023 which should put efforts for the clean energy transition in perspective. Developing countries need about $4 trillion annually if they…

Energy Access and Transition Trust Fund Approved

Press Releases
The Global Energy Alliance for People and Planet (GEAPP) Energy Access and Transition Trust Fund has been approved under the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP) Financing Partnership Facility. 
 
The Trust Fund will finance innovative distributed…