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p. 19 of 21 BACK | NEXT Introduction: Looking ahead Past policies and operations Changing context of the policy review Future assistance in the changing context Proposed operational priorities Poverty reduction Common to all subsectors Oil and gas Coal Electric power Renewable energy Regional cooperation Conclusions

Energy 2000: Review of the Energy Policy of the Asian Development Bank : Future assistance in the changing context

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Renewable energy

81. The following will also apply for promoting renewable energy.

1. Project preparation and financing: ADB will actively promote the development of renewable energy resources in DMCs and support the implementation of measures for the rapid uptake of costeffective renewable energy technologies. ADB will assist its DMCs in formulating viable renewable energy projects for providing electricity in remote areas and improving the quality of life of the rural poor. ADB will also assist in implementing such projects, preferably with private sector involvement to ensure their sustainable long-term operation. ADB will exploit the potential for leveraging resources from GHG abatement mechanisms.

2. Policies: ADB will assist its DMCs in introducing policy reforms, both in the conventional and nonconventional energy sectors, aimed at promoting renewable energy projects and making their financing possible with minimal recourse to subsidies.

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