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HighLevel Technology Fund breaks new grounds What we all need to know

Press Releases
Since it was the HLT Fund was established in 2017, it has supported 12 investment projects, 37 technical assistance projects, and 23 direct charges. As of December 2020, the Fund has received about $70 million from the Government of Japan to fund the increased use of high-level technology (HLT) in…

Five outstanding women entrepreneurs from Myanmar

Recommended Reads
A group of remarkable women from Chaung U, Myanmar, redefined adversity as just an inconvenience, with opportunities lurking around the corner. In the process of developing their successful cookstoves businesses, they became role models for other women and demonstrated that perseverance is key for…

How Indonesia Can Reduce Its Carbon Footprint through Enhanced Oil Recovery

Articles
IntroductionEnhanced oil recovery through the injection of carbon dioxide (CO2) can be a win–win solution for Indonesia. This technology can help slow or halt the decline in oil production while addressing the urgent need to curb rapidly rising greenhouse gas (GHG) emissions.Indonesia is one of the…

Technology challenge for a diseaseresilient 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 energyefficient centralized airconditioning 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…

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 Supports China Gas to Ensure Uninterrupted Gas Supplies to Combat COVID19 in Hubei Province

Press Releases
BEIJING, PEOPLE’S REPUBLIC OF CHINA (31 March 2020) — The Asian Development Bank (ADB) and China Gas Holdings Ltd. (CGH) today signed a $20 million private sector loan agreement to support natural gas and liquefied petroleum gas (LPG) deliveries to households, hospitals, industry, and services…

Private sector loan for renewable energy and electric vehicle charging system signed between ADB and Energy Absolute

Press Releases
On 11 February, ADB and the Energy Absolute Public Company Limited signed a $47.62 million green loan that will finance the Nakornsawan Solar and Hanuman Wind power plants and deploy fast and standard chargers at charging stations across Thailand.The country intends to be the regional…

ADB Ventures ADBs new impacttechnology 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…

Increasing Access to Clean Cooking in the Philippines Challenges and Prospects

Reports and Publications
This publication analyzes the use of clean and efficient cooking technologies in the Philippines and identifies opportunities and challenges to fast-track their uptake.In Asia and the Pacific, 1.8 billion people still rely on traditional cooking methods using fires and solid fuels. The wider uptake…