#ADB News

SME Indonesia garment workshop
The latest calculation, said to be a highly conservative estimate, shows that these small and medium-sized businesses minimally emit about 29.7 million tonnes of carbon dioxide annually.
Carbon Capture_Climate Finance
The region's multilateral development banks and state investment funds appear to be in flux about how money is raised and funnelled towards the energy transition with carbon pricing splitting views.
The 552 megawatt (MW) GNPower Kauswagan coal plant in Lanao del Norte in Mindanao, Philippines
The ADB unveiled at the climate summit its Energy Transition Mechanism, a private sector-led initiative to retire existing coal power plants. But climate groups call the scheme “premature and unclear.”
World Bank protest
The Asian Development Bank has pledged to elevate climate financing by US$20 billion to US$100 billion by 2030. But the UN's António Guterres said that "much more is needed" as development banks have a crucial role to play in the world's low-carbon transition.
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#ADB Opinion

South Luzon Thermal Energy Corporation (SLTEC) coal facility in Calaca, Batangas
How will Asia's energy transition mechanism — potentially the world’s largest CO2 reduction programme — phase-out coal in the energy-hungry region?
siargao devastation typhoon rai
As the dust settles following Glasgow’s climate summit, the Philippines needs to take some immediate steps this year so it can achieve ambitious decarbonisation goals.
Alsons Power Group's second 105-MW coal plant in central Mindanao
As governments’ efforts to tackle climate change accelerate, asset owners with significant long-term capital tied up in coal-fired generation will need to reconsider the role of their facilities to avoid their assets becoming stranded.
solar farm in Thailand 1
The Covid-19 pandemic has hit the energy industry hard. Although renewables appear to be showing resilience, it is not without obstacles.
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#ADB Videos

US military aid in Haiyan relief efforts
Yeb Saño, head of the Climate Change Commission of the Philippines, attributes typhoon to climate change and calls for international community to implement a 'loss and damage' mechanism
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