How is ADB promoting investments in clean energy?
ADB is active in promoting clean energy projects throughout the region. For instance, a Clean Energy Financing Partnership Facility aims to provide concessional resources to enable the use of efficient technologies and cover potential “first loss” from clean energy investments. In 2008, leveraged investments in energy efficiency and renewable energy surpassed our annual target of $1 billion. ADB is also supporting fund managers willing to establish clean energy-focused private equity funds with the aim of investing in private companies and projects that are active in any aspect of climate change mitigation. Read more about ADB clean energy funds.
