2015 Clean Energy Investments: Project Summaries
ADB recorded $2.47 billion in clean energy investments in 2015, making this the fifth year in a row where investments in this sector have been above the $2 billion annual target.
At current numbers, clean energy is already meeting 61% of ADB’s investment target for mitigation. But demand for clean energy is high, and the global agreements should trigger an expansion in its development. While ADB cannot predict what its clean energy investments will look like over the next five or ten years, it is aware that clean energy’s potential has been barely tapped in Asia and the Pacific region.
In 2015, ADB pledged to double its annual financing for climate change mitigation and adaptation projects to $6 billion by 2020. Of this amount, $4 billion will be allocated for projects meant to mitigate the impact of climate change, including projects in renewable energy, energy efficiency, sustainable transport initiatives, and projects for the creation of greener, smarter cities.
About this publication
This report summarizes the investments in clean energy made by ADB in 2015, condensing information from project databases and formal reports in an easy-to-reference format. This report was prepared by ADB’s Clean Energy Program which provides the cohesive agenda that encompasses and guides ADB’s lending and nonlending assistance, initiatives, and plan of action for sustainable growth in Asia and the Pacific.
- Executive Summary
- 2015 Clean Energy Investments—Infographic
- Central and West Asia Department
- East Asia Department
- Pacific Department
- Private Sector Operations Department
- South Asia Department
- Southeast Asia Department