2021 Energy Policy of the Asian Development Bank: Supporting Low-Carbon Transition in Asia and the Pacific
Institutional Document | June 2023
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The new Asian Development Bank (ADB) Energy Policy, approved in October 2021, guides ADB’s energy sector operations to support energy access improvement and low-carbon transition in Asia and the Pacific.
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It is consistent with ADB’s Strategy 2030, the Sustainable Development Goals, and the Paris Agreement on climate change and anchored on five principles: (i) securing energy for a prosperous and inclusive Asia and the Pacific; (ii) building a sustainable and resilient energy future; (iii) supporting institutions, private sector participation, and good governance; (iv) promoting regional cooperation and integration; and (v) maximizing development impact through integrated cross-sector operations.
Contents
- Executive Summary
- Introduction
- Energy Sector Issues
- Lessons
- Overarching Considerations for Energy Operations
- The 2021 Energy Policy
- Implementation Arrangements
- Appendix
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