Community Energy Toolkit: Best practices for broadening the ownership of renewables

Through a a case study approach, this white paper highlights the different ways in which communities actively participate in energy decision making around the world and harness renewable energy’s potential to deliver economic, social, and environmental benefits for a just transition. The paper also provides a checklist and additional resources that energy communities could consider when developing a renewable energy initiative.

Green Bonds for Financing Renewable Energy and Energy Efficiency in Southeast Asia: A Review of Policies

This ADBI Working Paper provides policy recommendations for promoting renewable energy and energy efficiency financing using green bonds in ASEAN countries. To promote renewable energy and energy efficiency, policymakers should consider limiting eligibility criteria in policies supporting green bonds supporting policies, such as green bond grants, to only domestic projects and/or limiting refinancing using green bonds.

Financing Clean Energy in Developing Asia

The book reviews existing financing options and approaches for clean energy, and includes country examples of how these have been applied. Innovative solutions for mobilizing private finance and managing risks associated with clean energy investments are also discussed. The book is the first of two volumes that look at various approaches and instruments that have been tried, tested, and utilized to scale up clean energy development in the region.

CEFPF 2020 Semiannual Progress Report prepared

In fulfillment of the agreement with the financing partners, the Clean Energy Financing Partnership Facility (CEFPF) 2020 Semiannual Progress Report was submitted on 10 August 2020. The report highlights the fund allocations to eight projects amounting to $9.5 million from 1 January to 30 June 2020. These projects will contribute to improving access to energy, enhancing energy security, and decreasing the rate of climate change in the developing member countries.Since its establishment in 2007, the CEFPF has allocated a total of $257.5 million to 205 clean energy projects.

CEFPF 2020 Annual Report and 2021 Annual Work Program Prepared

In fulfillment of the agreement with the financing partners, the Clean Energy Financing Partnership Facility (CEFPF) 2020 Annual Report and 2021 Annual Work Program were submitted on 25 February 2020. The annual report highlights the fund allocations to 11 projects amounting to $12.0 million in 2020. These projects will contribute to improving access to energy, enhancing energy security, and decreasing the rate of climate change in the developing member countries.

Catalyzing Climate Finance: Lessons learned from the Shandong Development Fund

This paper examines the establishment of the Shandong Green Development Fund; reviews its design, implementation, and impact; and assesses if this can be further developed and extended to other countries in the Asia and Pacific.In 2019, the Asian Development Bank (ADB) approved a $100 million loan contributing to climate finance for the $1.5 billion Shandong Green Development Fund Project.

Investment Sizing India’s 2070 Net-Zero Target

The study analyses how much investment India needs to meet its 2070 net-zero target, and the gap that must be filled to finance the investments in electricity (generation, integration, transmission, and distribution), hydrogen (production), and vehicles (manufacturing). India would need a total investment of USD 10.1 trillion to put the country on a net-zero 2070 pathway. With investment gap estimated to be at USD 3.5 trillion, aggregate investment support India needs would be about USD 1.4 trillion or an average of USD 28 billion per year.