Renewable energy

As Asia and the Pacific grapple with increasing energy demand, certain countries are choosing to leapfrog into clean technology; ADB and the Clean Technology Fund (CTF), big supporters of renewable energy in the region, are helping make this possible.  The 2015 CTF report card, presented at the Climate Investment Funds (CIFs) meetings this fall, underline the work that ADB and other multilateral development banks are doing on clean energy in Asia. The CTF, a funding window under CIFs, seeks to scale-up the ‘demonstration, deployment and transfer of low carbon technologies’ aimed at long-term reduction of greenhouse gas emissions. Thailand’s Private Sector Renewable Energy program is noted in the report for producing utility-scale projects—two in solar and three in wind generation—which are making a huge impact, and successfully developing a model for private investors to get value out of renewable energy projects... blogs.adb.org/blog