In the Spotlight
ADB will provide a loan of up to $50 million, supported by the Clean Technology Fund, for the Rantau Dedap geothermal project in Indonesia.
ADB has helped improve power supply in Samoa, improving the quality of life in the islands.
ADB will invest $228 million in energy projects in the Pacific in the next 3 years to help countries reduce heavy reliance on fossil fuels and support sustainable and environment-friendly growth.
Between 2005 and 2030, demand for electricity in the Pacific is expected to grow by about 7.0% annually, while electricity generation is estimated to increase by 6.4%.
Energy demand is projected to almost double in the Asia and Pacific region by 2030. There is an urgent need for innovative ways to generate power in a socially, economically, and environmentally sustainable manner. Compounding the problem is widespread energy poverty across Asia, with almost a billion people still without access to electricity.
What energy issues and trends have identified as priorities in developing Asia and the Pacific in order to achieve access to clean energy for all?
- Energy Policy
- Clean Energy Financing Partnership Facility (CEFPF)
- 2013 Clean Energy Investments: Project Summaries
- Manual for Calculating Energy Output Indicators and Guidelines for Estimating Clean Energy Investment