In the Spotlight
ADB will invest 3 billion Thai baht ($98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will help support the long-term financing of the company’s 260 MW Hanuman wind farm in Thailand.
Green bonds are an increasingly viable option for investors in Asia, like pension and superannuation funds, looking to get involved in green sustainable financing.
A new non-GMO, organic rice variety is now helping smallholder farmers in North Thailand out of poverty, while also improving their diet.
ADB stands ready to assist Thailand in adopting the “Thailand 4.0” model, envisioned to create a value-based economy founded on creativity, innovation, and intellect.