ADB Business Opportunities (Energy)
This presentation gives an overview of ongoing and upcoming ADB business opportunities relevant to the energy sector.
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This presentation gives an overview of ongoing and upcoming ADB business opportunities relevant to the energy sector.
Manoj Silwal is the Deputy Managing Director of the Nepal Electricity Authority, which is the focal agency of the government of Nepal for planning and developing energy projects. He leads the Project Management Directorate that manages ADB-supported projects. He holds a master of science degree in power system engineering from the Institute of Engineering in Nepal and a bachelor of science in electrical and electronic engineering from the Kathmandu University.
Corporate entities with facilities in Asia are increasingly interested in procuring renewable power to meet sustainability targets, hedge against power price volatility, and add resiliency to their power supply. However, restrictions within the transitional power markets found in many Asian countries present barriers to such Direct Power Purchase Agreements (DPPAs).
Liability risk is a key climate risk affecting financial stability. Litigation trends reveal that liability risk arises in three broad ways: (i) rights-based action, (ii) compensation claims, and (iii) increased regulatory action. Within Asia, litigants use their legal rights to object to environmental permits issued to energy projects. Clean energy projects are not immune. Litigants have objected to project location for wind and waste-to-energy plants on the grounds of impacts to environment and livelihood.
The presentation gives a brief introduction to the Asian Infrastructure Investment Bank (AIIB)'s Sustainable Energy Strategy, energy investment portfolio and products focusing on clean energy and renewables. It also gives an overview of AIIB's Environment, Social and Governance (ESG) Enhanced Credit Portfolio and the Sustainable Energy and Infrastructure On-Lending Facility.