Tuesday 14th January 2020
Tuesday, 14th of January 2020
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Tag Archives: ADB

GCF enhances Asian coverage by bolstering ties with ADB

Christopher Stephens

The Green Climate Fund (GCF) on Thursday, August 17, 2017 expanded its impact in the Asian region with an agreement strengthening its shared strategic approach to tackle climate change with the Asian Development Bank (ADB). The two organisations have signed an Accreditation Master Agreement (AMA), a prerequisite for all GCF Accredited Entities in order to implement GCF-approved projects. ADB was ...

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ADB’s $200m loan package boosts energy efficiency in India

solar panels

The Asian Development Bank (ADB) and the Government of India on Friday, March 31, 2017 signed a $200 million loan to finance installation of millions of energy-efficient lights in streets and homes as well as energy-efficient water pumps across India that will lead to energy savings of around 3,800 gigawatt-hours annually. ADB funds will be provided to Energy Efficiency Services ...

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Paris Agreement: ADB plans 2030 climate strategic framework

Takehiko-Nakao

In response to climate action commitments made under the COP 21 Paris Agreement by member countries, the Asian Development Bank (ADB) is developing a Climate Change Strategic Framework, which will spell out the organisation’s future direction regarding climate change from 2017 to 2030. Additionally, the strategic framework will feed into its new corporate strategy toward 2030, which is currently under ...

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ADB bankrolls Indonesian geothermal energy with $109m

Muara Laboh

The Asian Development Bank (ADB) on Thursday, 26 January 2017 in Manila, The Philipines, signed a new $109 million financing package for the Muara Laboh geothermal power generation project in western Indonesia. The financing, which was approved in December 2016, is part of ADB’s efforts to scale up private sector-led infrastructure development in Asia and the Pacific and boost support for ...

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