Catalog

Energy Efficiency Initiative Report

The Energy Efficiency Initiative (EEI) was launched on 29 July 2005. Its core objective is to expand ADB's investments in clean energy projects. The EEI requires three phases of implementation. This report represents the completion of its first phase.

• Energy Efficiency Initiative Draft Report [ PDF: 415kb | 75 pages ]
• Executive Summary [ PDF: 77kb | 5 pages ]

Background

Energy use in the developing member countries (DMCs) of the Asian Development Bank (ADB) is rapidly increasing to support the economic growth necessary for raising the living standards of large populations, and is dominated by fossil fuels. The current energy path, which focuses on expanding fossil fuel supplies, is neither environmentally nor economically sustainable. Increasing the efficiency of energy use (energy efficiency [EE]), to wring more service value from each primary energy unit consumed, has large environmental and economic benefits. EE is essential to reduce global emissions of greenhouse gases (GHGs), ease growth in fossil energy demand and the upward pressure on energy prices, and improve energy security. Significant investments in energy efficient technologies in the rapidly growing economies are required to prevent being locked into an energy-intensive capital stock in the future.

ADB has implemented several lending and non-lending assistance programs for EE in the past, but much more and deeper action is required. ADB seeks an approach, with an associated investment and action plan, to assist its DMCs in achieving significant measurable change in their energy patterns and securing a low-carbon sustainable energy future. To this end, ADB launched the Energy Efficiency Initiative (EEI) on 29 July 2005 and established a steering committee and task force to prepare the EEI report.

The EEI Report