The Asian Development Bank (ADB), along with its co-organizers the United States Agency for International Development (USAID) and the Korea Energy Agency (KEA), was delighted to invite clean energy practitioners from across the region—including government agencies, private sector, equipment and service providers, financiers, philanthropic organizations, researchers, non-governmental organizations, and other stakeholders—to join the 19th edition of the Asia Clean Energy Forum (ACEF) 2024 in Manila, held during 3–7 June 2024.

The theme of that year’s ACEF was “Accelerating the Clean Energy Transition and Ensuring Energy Security and Affordability – Time for Urgent Action Now”.

ACEF 2024 was held amidst a complex global energy landscape. The macro-economic environment was marked by an increasingly constrained fiscal space, high borrowing costs, and market disruptions due to regional imbalances and geopolitical tensions that affected energy supply chains, energy prices, and investments. Furthermore, the energy crisis impacted the most vulnerable and poor groups, who could no longer afford basic energy services and were most vulnerable to climate risks.

ACEF has a nearly 20-year history of being the regional flagship forum where clean energy practitioners from across Asia convened to share insights and experience in the design and implementation of concrete actions that accelerated the financing of clean and efficient energy solutions. ACEF served as a platform for increasing awareness and sharing knowledge about innovative and effective approaches—including policy and regulatory frameworks, business models, and financing solutions—that improved energy security, enhanced access to affordable energy, promoted good governance, and encouraged private sector participation.