ADB

Green Finance Recovery Mechanism Needed in Southeast Asia: ADB

ADB has urged policy makers in Southeast Asia to use green and innovative financing approaches to help catalyze investments required for climate-adjusted infrastructure in the region by 2030. A new book by the Asian Development Bank (ADB) urges policy makers in Southeast Asia to use green and innovative financing approaches to help catalyze the estimated […]

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ADB, IEA Renew Collaborative Agreement on Energy Sector Sustainability

ADB has renewed an MOU with IEA to scale up collaboration and advance progress on sustainability with an increased focus on energy sector resilience in APAC The Asian Development Bank (ADB) has announced that it has renewed a memorandum of understanding (MOU) with the International Energy Agency (IEA) to scale up collaboration and advance progress […]

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ADB Becomes Observer for the Network for Greening the Financial System

ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, […]

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A World Solar Bank and India’s Solar Ambitions.

In the past week, talk of a World Solar Bank, midwifed by the International Solar Alliance (ISA), Prime Minister Modi’s biggest foreign policy initiative has picked pace again. The ISA, whose overarching mandate can be considered the raising of 1 trillion dollars to build, spread and sustain  solar energy worldwide, with special attention to the […]

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EESL Tenders for Supply of 250 Electric Vehicles Under ADB Financing

The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 250 electric vehicles. The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 250 electric vehicles. The vehicles will be procured in two categories the first lot […]

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ADB and IEA Discuss Scaling up Collaboration in Energy Segment

ADB President Masatsugu Asakawa and Executive Director of IEA Fatih Birol recently discussed scaling up collaboration and renewing the MOU between the two organizations. Asian Development Bank (ADB) President Masatsugu Asakawa and Executive Director of the International Energy Agency (IEA) Fatih Birol recently held a video conference meeting to discuss scaling up collaboration and renewing […]

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ADB Grants $346 Mn Loan for Rural Electricity in Maharashtra

ADB has approved a USD 346 million loan to help provide an efficient and reliable power connection to rural agriculture customers in Maharashtra. The Asian Development Bank (ADB) has approved a USD 346 million loan to India to help provide an efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. […]

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ADB Approves $100 mn Loan for Development of Advanced BESS in Mongolia

ADB has approved a USD 100 million loan to help supply RE to Mongolia by installing its first large-scale advanced battery energy storage system (BESS) The Asian Development Bank (ADB) has approved a USD 100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). […]

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ADB to Invest $1 bn for Renewable Transition in the Pacific

ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […]

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