The Asian Development Bank is piloting a study into the Energy Transition Mechanism (ETM), which aims to accelerate the retirement of coal-fired power stations and unlock new investments in clean, renewable energy to replace them. ETM will be a win for the climate, a win for local communities, and a win for developing economies. It will significantly shorten the life of legacy coal-fired power plants and unlock new investments in sustainable and renewable energy.
Countries participating in ETM will be able to reach more ambitious emissions targets than under their current commitments.
Speeding up the retirement of coal-fired electricity will increase the demand for clean energy by 2-3 times, lowering overall energy costs in the long run.
ETM will help unlock or “crowd in” investment in cost-effective renewable generation and support and enable clean technologies, such as smart grids, hydrogen, and electric vehicles.
ETM has the potential to be scaled up to other parts of Asia and the Pacific, as well as Latin America and Africa, which could drive significant reductions in global emissions.
Data and statistical analysis in the Asia and Pacific region contributes to knowledge generation in ADB, helping strengthen its institutional priorities and operational effectiveness in its developing member countries.
The GVC participation rate measures the extent to which a country or economy is involved in GVCs. Two approaches are plotted here. In the trade-based approach, participation is computed as the share of GVC-related exports to total exports, while in the production-based approach, participation is the share of GVC-related value added to total value added. The first can be thought of as measuring the intensive spread of GVC participation while the second measures its extensive spread. The plot shows that at the world level, GVC participation expanded intensively from 40.7% in 2000 to 45.8% in 2019 and expanded extensively from 10.7% to 13.2% over the same period.
The ADB Data Library is the central store for all of ADB's public data. Browse data, view visualizations and interact with APIs.
KIDB is ADB's central statistical database for macroeconomic and social indicators from across Asia and the Pacific.
Information on the policy measures and the funding sources that ADB members have undertaken to combat the COVID-19 pandemic.