Asian Development Bank
ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
ADB maximizes the development impact of its assistance by facilitating policy dialogues, providing advisory services, and mobilizing financial resources through cofinancing operations that tap official, commercial, and export credit sources.
See below for the Latest ADB News, Analysis, Profit Results, Share Price Information, and Commentary.
ADB, Mongolia sign deal for $2m fund for renewable heating systems
The project will be completed by 2025.
ADB, Mongolia sign deal for $2m fund for renewable heating systems
The project will be completed by 2025.
ADB grants $5M for renewable energy projects in Micronesia
This is on top of the $500,000 worth of in-kind support from the government.
ADB, BIM Wind sign a $107M financing for Vietnam’s wind energy
This is in support of the 88MW wind farm in Ninh Thuan province.
ADB launches grid-connected hybrid renewable energy in Mongolia
The hybrid system includes a solar farm and a battery energy storage system.
Indonesia bags $500m loan for energy sector, Green Recovery
The loan was approved by the Asian Development Bank.
ADB sees ‘significant progress' in Energy Transition Mechanism
The ETM was launched at COP26 last year.
Cambodia connects 100-MW solar park project to national grid
The project was accomplished in partnership with the ADB.
Just Transition Support Platform for developing countries launched
This forms part of the ADB’s commitment to ensure build capacity of developing countries.
ADB, Indonesia explore early retirement of Cirebon-1 coal plant
The MoU zeroes in on the retirement of Cirebon-1 in West Java.
ADB, EDC partner to bring 2GW solar in Cambodia
The development will also include a battery energy storage system.
ADB, Masdar to build 230MW solar power plant in Azerbaijan
The loan financing the project is worth $21.4m.
ADB commissions off-grid renewable hybrid energy in Mongolia
The system is expected to supply 1,500 local residents amongst others.
ACEN green lights final tranche of energy transition financing
The company will divest its shares in SLTEC for P3.7b.
Japan and the G7 climate commitment: how will they follow through?
Japan’s decision to align with other G7 nations ending financing of fossil fuels in other countries sounded a clear note of unity amid the tangled, conflicting commitments that are the norm in the global climate debate. The unified effort needed to create effective climate change action will however test Japan’s leadership role as it works to navigate competing interests successfully.
ADB calls for ‘just, inclusive’ clean energy transition
This is to ensure no country is left behind in the transition.
ADB’s coal retirement plan may get caught in Southeast Asia’s coal lock-in
Some 45GW of additional coal in the next decade could pose risks to ADB’s 15-year plan.
Carbon pricing of $75 per tonne to ‘shock’ economy: ADB
With such a price, the 36.4 Gt of carbon emissions in 2019 would amount to about 4% of the world GDP.
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