Manila, January 7:
To reflect the increasing importance of energy and the environment in Asia, the Asian Development Bank (ADB) today announced the appointment of a special advisor on â€˜clean energy and the environment.â€™ ADB director general Bindu Lohani was named as special advisor to the ADB president on strategy and policy as well as matters concerning the multilateral institutionâ€™s energy and development programmes.
Lohani will also serve concurrently in his previous position as chief compliance officer of the ADBâ€™s sustainable development department, the bank said in a statement from its headquarters in the Philippine capital. In recent years, the ADB has focused more attention on helping its developing member countries adopt â€˜clean energy technologies,â€™ such as renewable energy sources and on energy efficiency.
The ADB also said that later this year it would set up a new cofinancing facility to boost investment in new â€˜clean energyâ€™ projects in the Asia-Pacific region.