News for NGOs
ADB Review [ December 2006 - January 2007 ]
New Fund to Boost Clean Energy Projects
ADB has approved the creation of the Asia Pacific Carbon Fund to boost clean energy projects in Asia and the Pacific.
Part of a broader Carbon Market Initiative, the fund will be an additional financial source at the early stage of
project formulation through payments for future certified emission reductions. Combined with ADB's financial services, it will provide upfront capital and enable projects addressing renewable energy and energy efficiency to move forward. For more information, contact Toru Kubo, Clean Energy and Climate Change Specialist, Regional and Sustainable Development Department.
Read more about the Asia Pacific Carbon Fund
Visit the Carbon Market Initiative website
Rating ADB's Work
ADB is viewed as effective and largely
successful in its work, but still has room
for improvement, according to an independent
perceptions survey of 700 opinion
leaders from government, media,
civil society, academia, private sector, and
development partners in 30 countries.
Respondents recognized ADB for its contribution
to development, and noted its
operational excellence in areas such as
infrastructure, and regional cooperation
and integration. However, they believe
that ADB is spread too thinly and has
excessively bureaucratic procedures. For
details, contact Sue Hooper, Public Affairs
Specialist, Department of External
Relations.
Know more about the survey
Developing Business Skills in Rural Cambodia
The Cambodia Business Initiative in Rural
Development Foundation will soon
mobilize rural communities and business
associations in Cambodia, with
support from government agencies,
NGOs, and donors. The idea for the foundation
grew out of an ADB technical
assistance project that sought to connect
rural villages with companies to
help them develop business skills to improve
income and living standards.
Learn more about the Cambodia Business Initiative in Rural Development or C-BIRD
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