ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
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ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Energy
ADB is working to increase access to reliable, affordable, low-carbon energy across Asia and the Pacific to reduce poverty and promote development.
Sector Governance and Reform
Policies, capabilities and institutions are just as important as transmission and distribution lines or solar parks. ADB supports its developing member countries in:
- establishing competitive electricity markets, adopting market pricing mechanisms, and regulating monopolies
- encouraging private sector participation, particularly public-private partnerships
- supporting research, legislation, technology development, and regulation
- adopting tariff structures to promote energy conservation
- training in energy planning, demand forecast, financial management, operations and maintenance of assets, and economic assessment
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Helping Cambodia Transition to Cleaner Energy
ADB is supporting Cambodia in constructing a 100 MW solar power park and transmission lines to the grid. The Cambodia Solar Power Project features $3.25 million in cofinancing through the Canadian Climate Fund for the Private Sector in Asia.
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Other Energy Issues in Asia and the Pacific
Energy demand is projected to almost double in the Asia and Pacific region by 2030. Widespread energy poverty across Asia has curtailed development. Innovative ways to generate power in a socially, economically, and environmentally sustainable manner are imperative and urgent.
Access to Energy
Access to modern, cleaner energy is essential to sustainable human development. The majority of the world’s energy poor are living in Asia and the Pacific.
Clean Energy
Energy efficiency is emerging as one of the key options that can help nations in Asia and the Pacific meet the region's growing energy needs in a clean and effective way.
Regional Cooperation
Regional cooperation can play a vital role in ensuring energy security in a sustainable manner. Subregional power trade can help meet energy demand, and maximize scarce natural resources.