ADB 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.
Regional inflation is expected to remain manageable at 2.7% in 2022, allowing for a more accommodative monetary policy and supporting pandemic recovery efforts.
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.