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News / #ADB
The renewable energy resource, which has received loan financing for exploration and early-stage drilling, could help shield the country from energy security risks brought about by the conflict in the Middle East, said Philippine energy secretary Sharon Garin.
Finalising ambitious climate targets, being self-reliant for climate funding and striving to uphold human rights aspects of critical minerals are ways the new Asean chair can steer the region to meet low carbon ambitions, amid geopolitical upheaval.
Polisi & Kewangan
Philippines gets $500 million in blue economy investment from ADB
The loan will finance projects that support sustainable management of the archipelago's marine ecosystems.
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.
All #ADB News
30 September 2025
1 August 2025
6 June 2025
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?
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