Showing 21-30 of 628 results

ADB boosts 2019-2030 climate financing goal to $100 billion

The Asian Development Bank (ADB) will boost its climate financing goals by US$20 billion to a new target of $100 billion for the 2019-2030 period, and aims to launch its concept for retiring coal-fired power plants at the COP26 climate conference in Scotland next month, the lender’s chief said on Tuesday.

ADB grants $250-M loan for Philippines’ climate change efforts

Manila-based multilateral lender Asian Development Bank (ADB) on Tuesday said it has approved a $250 million policy-based loan aimed at supporting the Philippine government’s climate change adaptation and mitigation efforts.

ADB to Improve Community Resilience, Livelihoods of Around 3,000 Villages in Myanmar

NAY PYI TAW, MYANMAR (27 November 2019) — The Asian Development Bank (ADB) has approved a $195 million financing package for a project that will develop climate-resilient and market-oriented infrastructure and livelihoods in 2,942 villages in Myanmar’s Ayeyarwady, Chin, Sagaing, and Tanintharyi regions. This will help reduce rural poverty and strengthen the villages’ climate and […]

ADB, PLN Sign MOU to Work with Indonesia on Clean Energy Goals

GLASGOW, SCOTLAND (1 November 2021) – The Asian Development Bank (ADB) today signed a memorandum of understanding with the State Electricity Corporation (PLN), Indonesia’s state-owned power company, to support the country to reach its clean energy goals.

Adding substance to Vietnam’s climate commitments

In his speech at 26th Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change, Vietnam’s Prime Minister Pham Minh Chinh announced that the country would aim for a net-zero emission target by 2050. With this move, Vietnam has joined the group of about 140 countries that pledged to net-zero emissions […]

AFD lends a hand in energy-transition

Agence Francaise de Developpement (AFD) has granted €300,000 to the Kingdom of Cambodia to draw up a model of energy-transition scenarios to 2050, the French development agency revealed in a statement published on April 1. AFD has supported the Ministry of Economy and Finance and other line-ministries to develop a long-term energy trajectory-modelling tool to […]

After COP26: Malaysia’s road forward

KUALA LUMPUR (Nov 22): Malaysia needs to put forth a clear plan on how it plans to achieve the commitments made at the United Nations (UN) Climate Change Conference 2021 (COP26) and take into serious consideration the global trends in combatting climate change.

Agencies told to find ways to mitigate Laos dam impact

Deputy Prime Minister Prawit Wongsuwon urged authorities concerned to discuss and find ways to mitigate the possible environmental impact from the Sanakham Dam project in Laos in the upcoming scheduled public hearings. “[The committee] is concerned about the impact of the dam, as it is located just two kilometres away from the Thai border. As such, […]

Air pollution forces Vietnam to cough up $13 billion a year

Losses due to worsening air quality in Vietnam amounted to between $10.82-13.63 billion a year, experts told a conference Tuesday. Estimated losses, based on financial support towards lowering the mortality risk posed by air pollution, were equal to 4.45 – 5.64 percent of GDP, said Associate Professor Dinh Duc Truong, head of the National Economics […]

Air quality app goes dark in Vietnam as hazardous haze hits Hanoi

An air quality app went out of commission in Vietnam after seriously unhealthy air pollution levels hit capital Hanoi this week. Switzerland and United States-based air quality monitoring firm IQAir’s AirVisual app went down on 6 October following a series of “abusive and threatening messages” left on the company’s Apple App Store and Google Play Store […]