43207-013: Market Transformation through Introduction of Energy-Efficient Electric Vehicles Project

Project Data Sheet (PDS): Overview


Description

Energy efficient electric vehicles are a new technology with the promise to transform the way energy is used by today's internal combustion engine (ICE) vehicles. For net energy importing countries, such as the Philippines, electric vehicles can dramatically reduce the country's dependence on imported energy resources, which in turn will reduce short term price volatility and improve long term energy security. This technology has also created the opportunity to transition into an environment, wh... Read More

Country Philippines
Project Number 43207-013
Project Type or Modality of Assistance Loan
Grant
Financing Public sector (Sovereign)
Status Approved
Approval Numbers Loan No. 2964
Grant No. 0326
Loan No. 8261
Approval Date 11 Dec 2012
ADB Financing ($ thousand) 300,000
Sector Energy
Subsector Energy efficiency and conservation
Gender Equity and Mainstreaming Categories Some gender benefits
Safeguard Categories Environment: C
Resettlement: C
Indigenous People: C

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Project Data Sheets (PDS)

Responsible ADB Officer
Sohail Hasnie
Request for information

Responsible ADB Department
Southeast Asia Department

Responsible ADB Divisions
Energy Division, SERD

Last PDS Update
20 Jul 2014

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