Displaying 21 - 30 of 68

ACEF 2023 Signed sealed delivered

Press Releases
One thousand plus participants from 65 countries around the world, including more than a hundred sixty representatives from ADB developing member countries, private and government entities, international organizations, and non-government organizations came together and put their stake in the energy…

Thailand Times Thailand in the Race for EV Mass Adoption

Videos
Thailand aims to cut emissions from the energy and transport sectors by 7%-20% against a business-as-usual scenario as part of its goal to reduce greenhouse gas emissions by 20%-25% by 2030 compared to 2005. 
To achieve these goals, Thailand’s mass adoption of electric vehicles (EVs) is…

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…

$1 billion lowcarbon transport project in the Philippines approved

Press Releases
On 29 June, the Board approved the $1 billion Davao Public Transport Modernization Project that will be the first to deploy electric bus fleets that will help the Philippines reduce greenhouse gases and further push its climate agenda.
 
The project will finance the procurement of 1,100…

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…

ADB approves project that will digitize the Uzbekistan power network

Press Releases
On 10 July, ADB approved the Power Transmission Grid Enhancement Project for Uzbekistan that will utilize $125 million loan to help transform the country’s power transmission grid, increase energy efficiency, and integrate more renewable energy.
The load for the Digitize to Decarbonize – Power…

PT Geo Dipa Energi and ADB sign agreement to improve power generation efficiency

Press Releases
On 17 July, the grant agreement for the additional financing of the Geothermal Power Generation Project was signed between ADB and PT Geo Dipa Energi.  President Director Yudistian Yunis represented PT Geo Dipa Energi while Indonesia Resident Mission Country Director Jiro Tominaga signed for…

New minigrid generation system and distribution network in Tonga commissioned

Press Releases
On 26 July, King Tupou VI of Tonga led the ceremony to mark the commissioning of a new minigrid system and distribution network that is among the minigrid systems financed by the Outer Island Renewable Energy Project.
The project is funding the installation of solar-powered systems in ‘Eua, Vava’u…

Carbon Capture Utilization and Storage Game Changers in Asia 2020 Compendium of Technologies and Enablers

Reports and Publications
This compendium highlights 11 CCUS technologies and enablers—most of which are ready for mass deployment. It explores how CCUS can enhance sustainable energy security and compliance with international commitments, as well as decarbonizing industries—with relatively low disruptions to existing…

First Stakeholder Engagement Meeting for the PHs Accelerating Coal Transition Investment Plan held in ADB

Press Releases
On 4 August, ADB along with the Philippines’ Department of Energy (DOE), World Bank, and International Finance Corporation gathered more than 120 participants to the first Stakeholders Engagement Meeting for the Philippines’ Climate Investment Fund Accelerating Coal Transition (CIF-ACT) …