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 launches grid-connected hybrid renewable energy in Mongolia

The hybrid system includes a solar farm and a battery energy storage system. 

ADB launches grid-connected hybrid renewable energy in Mongolia

The hybrid system includes a solar farm and a battery energy storage system. 

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.

Indonesia bags $500m loan for energy sector, Green Recovery 

The loan was approved by the Asian Development Bank.

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.

ADB, Indonesia, the Philippines team up for clean energy transition

The ETM Southeast Asia partnership is the first of its kind in APAC.

ADB’s coal retirement scheme is high-risk: analyst

Implementation challenges could lead to a loss of credibility for the bank.