#ADB 新闻
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.
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.
#ADB 观点
Even as political denial and regulatory paralysis grip parts of the West, a different message has been resounding across Asia – it is not retreating, but rising to the occasion.
With one of the weakest carbon taxes globally, the region’s largest economy risks becoming the world's leading enabler of carbon leakage, where emissions aren't reduced, just outsourced to nations with weaker policies.
The financing gap is huge, but time is short. Given the inadequacy of a promised new climate finance goal, Southeast Asia should look beyond UN-led conferences to crowd in other sources of capital to tackle the climate crisis.
Following the letdown of COP29, Asean needs to step up and lead the way in controlling emissions from Southeast Asia’s agri-food system.
#ADB 视频
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
#ADB 播客
政策和金融
‘We don’t want to pit adaptation and loss and damage funds against each other’: veteran COP observer
At the close of COP30, nations agreed to triple adaptation finance by 2035, while the fund for loss and damage appeared to remain sidelined. Lidy Nacpil, a long-time attendee of the climate conference, explains why.
Southeast Asian energy ministers will meet in October to discuss the future of the region’s power grid. GEAPP’s Kitty Bu tells the Eco-Business podcast what areas they must collaborate on, and how finance and industry can help.
#ADB 新闻发布稿
Asian Development Bank (ADB)
Asean needs to focus on boosting quality of life to build resilient, inclusive community: ADB report
The Blue Circle
Coal is pricing itself for extinction
Asian Development Bank
Asian Development Bank provides US$25 million to help Philippines procure Covid-19 vaccines
