Displaying 241 - 250 of 322

$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…

Managing Plastic Waste in the People’s Republic of China

Reports and Publications
This brief shares findings from an ADB study on plastic waste in the People's Republic of China (PRC) and makes policy recommendations to strengthen the country’s response to its plastic waste challenge. The brief explains the extent of the plastic waste challenge in the country and current efforts…

Green Finance for Asian State-Owned Enterprises: An Opportunity to Accelerate the Green Transition

Reports and Publications
The report explores how SOEs can develop and deploy sustainable financial instruments, in particular green bonds, to help finance their green transition. To accelerate the successful adoption of green finance tools in Asia's emerging economies, the publication examines how their SOEs can improve…

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…

Your Questions Answered: Why are Energy Prices High and How Can They be Reduced?

Press Releases
CWEN’s Kelly Hewitt shares her insights on what is behind the high energy prices, how long the world will endure it, and the options it has at its disposal. Get the details in this Q&A.

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…