News / #ADB
The bloc, whose energy demand is expected to nearly double by 2040, has been pursuing power grid integration since 1997 but technical and financial barriers have hampered progress. A new financing pact aims to change this.
Civil society organisations say they have been left out of proper consultations. The multilateral argues it has met with NGOs “several times” to consult on policy amendments for investments in critical minerals and curbing methane leakage.
Karbon & Cuaca
Asean can lead on tackling climate’s ‘low hanging fruits’ but world’s financial system needs reform: global affairs expert
A lot of climate fatigue is caused by expectation build-up and unrealised promises by the Global North. But as a growing bloc, Asean can work within its means and take a stronger leadership role, said Dr Mohd Faiz Abdullah, who helms a think tank which advises the Malaysia government.
The bulk of funding will be used to address intermittency and variability of renewables in off-grid areas, says Asian Development Bank’s energy director Keiju Mitsuhashi. The Philippines alone will require $10 billion to improve its domestic grid.
All #ADB News
28 May 2025
24 April 2025
16 April 2025
Polisi & Kewangan
Invest in capacity building to plug Asia's green jobs gap: experts
25 February 2025
Polisi & Kewangan
ADB appoints former Japan currency diplomat Masato Kanda as president
15 January 2025
13 December 2024
25 October 2024
1 October 2024
14 August 2024
3 July 2024
Polisi & Kewangan
What is parametric insurance and why is its demand growing in Asia?
11 June 2024
6 May 2024
19 March 2024
Polisi & Kewangan
Which Southeast Asian nations are best prepared for pandemics?
5 March 2024
27 February 2024
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