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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…

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…

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…

OffBalance 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.

ADB Ventures raising funds for new debt fund

Press Releases
Building on the momentum and success from the first inaugural equity fund, ADB Ventures is setting up a second investment fund to address ongoing market financing gaps to support early-stage and growth companies in scaling up their operations. According to the ADB Ventures newsletter…

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),…

The role of fiscal incentives in promoting energy efficiency in the industrial sector Case studies in Asia

Working Papers
A review of literature presents the strengths, limitations and effectiveness of fiscal incentives in promoting industrial energy efficiency from various case studies in the region. Some instruments were found to be effective (e.g. voluntary agreements and careful planning in the Peoples Republic of…