Displaying 51 - 60 of 68

$1 billion low-carbon 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…

ADB and private sector infrastructure projects recognized

Press Releases
The Asset Triple A Awards has given ADB recognition for this year’s Sustainable Infrastructure Awards hauling a total of 11 awards including Multilateral Agency of the Year award. VP Lavasa led the ADB team in accepting the awards that were given in a ceremony held in Singapore on 21 August.
Other…

Renewable Energy Manufacturing Opportunities for Southeast Asia

Reports and Publications
A co-publication between ADB, Bloomberg Philanthropies, ClimateWorks Foundation, and Sustainable Energy for All, the report focuses on ways to increase the manufacture of solar photovoltaic cells, batteries, and electric two-wheelers. It shows how countries can embrace private sector investment,…

Empowering people – the role of local energy communities in clean energy transitions

Press Releases
This commentary emphasizes the importance of putting people at the crux of all clean energy transitions. Not only are they instrumental in changing their ways of and patterns of energy consumption, people also stand to gain from the benefits of an improved energy order.

Nonsovereign Commercial and Industrial Rooftop project signed

Press Releases
On 11 September, ADB and GreenYellow Smart Solutions Vietnam Co., Ltd. signed a $13.8 million loan agreement to install rooftop solar photovoltaic (PV) systems on the rooftops of commercial and industrial businesses in Viet Nam. ADB is the mandated lead arranger of the financing package that…