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The response to COVID-19 should also be a response to the climate crisis

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Now is the time to ramp up actions on resilience so that society can beat the COVID-19 crisis while reducing the impact of climate threats.The last few weeks have taken all of us by surprise. We are confined to our homes. Weaknesses in health care systems have been exposed. Jobs are uncertain.…

Which financing sources matter for private investment in renewable energy in Asia?

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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),…

Build green to help fend off the next pandemic

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Colleagues from SERD asserts in the blog the need to integrate green financing principles and incentives into infrastructure investment instruments and structures to strike a balance between economic, social and environmental sustainability. 

Energy accounts 44% of ADB climate finance in 2020

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Total climate finance in 2020 reached $5.3 billion consisting of ADB resources and co-financing, falling from $7 billion in 2019. The share of climate investments in energy across energy, multisector and other sector’s projects is 44%. A large part of these investments or 96% came from mitigation…

Q&A: Funding green recovery in Southeast Asia

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See how ADB supports a green, resilient, and inclusive recovery in the region, incorporating climate and environmental sustainability through the support from the Association of Southeast Asian Nations (ASEAN) Catalytic Green Finance Facility (ACGF) in this Q&A.

Are mega batteries the next step for renewable energy?

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EASI’s Atsu Sakai unravels the nuance in realizing the potential of utility-scale battery energy storage systems in this blog. Mega batteries as these are called could change the game in realizing the promise of clean energy if all barriers to its development such as regulation, technology, safety…

Energy flows where attention goes: European expertise in Pakistan

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In this case study, CWEN shares how they overcame the challenges of designing and preparing the Balakot Hydropower Development Project in Pakistan. The $300 million project that was approved in March 2021 will construct a 300-megawatt hydropower plant.

Four ways ensure a secure transition to renewable energy

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Energy SG Chief Yongping Zhai, in his latest blog, outlines the critical features to help countries transition smoothly and effectively to clean energy without compromising on reliability of supply, universal access, and sustainability.Judicious, comprehensive, and long-term planning entails…

Game-changer: Can solar energy be generated in old gas power plants?

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Turkmenistan is working on an innovative program introduce solar power generated steam in a gas fired power station and allow the turbine to use both solar and gas-powered steam based on availability to generate electricity.As signatories to the Paris Agreement, Central Asia’s fossil fuel rich…

Kazakhstan: A future without coal?

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This future, indeed, can be realized according to KARM CD Nariman Mannapbekov and ERCD’s Aimee Hapnel, in this blog that proposes that renewable energy, innovation, and investment can ensure a low-carbon future in Kazakhstan without having to sacrifice the economic and social welfare of its people.