#ADB News

Cirebon plant worker 2014
The Asian Development Bank, which partnered Indonesia to launch its first coal retirement deal last November, said that completing one of these transactions is key to providing others with a model to follow.
epira protest
Watchdog representatives point to the multilateral lender’s wanting track record in ensuring that project-affected communities are adequately consulted when private sector players are involved. The ADB says that a traditional model of lending and grant-making is no longer sufficient to meet funding needs.
Phong Dien Solar PV Park in Thua Thien-Hue, Vietnam
This is equivalent to up to six million jobs that could be created in the region by 2050, said McKinsey’s Vaibhav Dua in a presentation at an Asian Development Bank symposium in Bali, Indonesia.
Aerial view of HK central business district
The international association notes that transition finance is often criticised for opening the door to greenwash, but recommends a nuanced approach where firms that need help in shifting away from carbon-intensive activities comply with disclosure requirements instead.
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#ADB Opinion

Field in Laos
Climate change poses serious challenges to the world’s food system. Implementing sustainable practices can help bolster climate resilience in agricultural production.
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.
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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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