Regional Development Bank

ADB Highlights Wind and PV Potential in Developing Asia [viewed]

ADBAugust 2014: A total investment of US$2.3 trillion will be required for wind and solar photovoltaics (PV) to supply 10% of developing Asia's electricity in 2035, according to a report by the Asian Development Bank (ADB). The study, titled ‘Diversification of Energy Supply: Prospects for Emerging Energy Sources,' examines the status and future prospects of wind energy, PV and unconventional gas in the region.

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August 2014 Climate Finance Update [viewed]

idb-adb-wb-cif5 September 2014: During the month of August 2014, the Asian Development Bank (ADB), the Inter-American Development Bank (IDB), and the World Bank reported on various climate finance projects. The Climate Investment Funds (CIF) announced a publication on the ADB's climate finance projects in the Asia-Pacific, and the World Bank highlighted its climate and disaster risk screening policies.

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August Water Finance Update [viewed]

erdb-wb-gef-adb-afdb31 August 2014: During the month of August, the World Bank, the Global Environment Facility (GEF), the African Development Bank (AfDB), the Asian Development Bank (ADB) and the European Bank for Reconstruction and Development (EBRD) issued loans or grants for projects in Laos PDR, Cameroon, South Africa, Armenia and Romania. The World Bank also reported on the implementation of projects in Viet Nam, Zimbabwe and India.

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August 2014 Sustainable Energy Finance Update [viewed]

ebd.eib.adb.worldbank.afdb31 August 2014: During the month of August, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB) and other donors undertook activities and approved funding for sustainable energy projects in Albania, Azerbaijan, Burkina Faso, Kazakhstan, Laos, Mali, Nigeria, Rwanda, South Africa and Viet Nam.

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ADB Urges Focus on Food Insecurity, Disaster Reduction [viewed]

ADB20 August 2014: The Asian Development Bank (ADB) released its annual statistical report on key social and economic indicators, which calls for paying greater attention to the impacts of rising food prices on the poor, and addressing their vulnerability to disasters, climate impacts and other kinds of risk.

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ADB Assesses Climate Change Costs in South Asia [viewed]

ADB19 August 2014: The Asian Development Bank (ADB) has published a report, titled ‘Assessing the Costs of Climate Change and Adaptation in South Asia,' which predicts that by 2050, the collective economy of six countries - Bangladesh, Bhutan, India, Maldives, Nepal and Sri Lanka - will see an average annual economic loss of around 1.8% of GDP by 2050 that could rise to 8.8% in 2100 if the “world continues on its current fossil fuel-intensive path.”

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First US-Africa Summit Addresses Energy, Food Security [viewed]

us.africa.summit6 August 2014: The US-Africa Summit, which brought together over 50 Heads of State from Africa and US President Barack Obama, addressed, inter alia: promoting inclusive sustainable development; expanding trade and investment ties; engaging young African leaders; and expanding cooperation on peace and security. The Summit also featured sessions on resilience and food security in a changing climate, and combatting wildlife trafficking.

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ADB, Private Equity Investments Partner in Climate-Related Transactions [viewed]

ADB4 August 2014: The Asian Development Bank (ADB), ORIX Corporation (ORIX) and Robeco Institutional Asset Management B.V. (Robeco) have formed a joint venture titled 'Asia Climate Partners' (ACP), which will undertake commercially-viable, private equity investments across a range of low-carbon transactions throughout Asia.

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July 2014 Climate Finance Update [viewed]

EIB-CIF-AfDB-EBRD-World Bank-GEF31 July 2014: During July 2014, the European Investment Bank (EIB) and the Global Environment Facility (GEF) have reported on climate investments. Both the African Development Bank (AfDB) and European Bank for Reconstruction and Development (EBRD) announced partnerships with the Climate Investment Funds (CIF) for a variety of climate-related investments. The World Bank also announced additional funding to be provided by CIF.

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July 2014 Sustainable Energy Finance Update [viewed]

World Bank-EBRD-EIB-ADB-AfDB-IDB-CDB31 July 2014: During the month of July, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the Caribbean Development Bank (CDB), the Government of Germany, and other donors undertook activities and approved funding for sustainable energy projects in Armenia, Austria, Brazil, India, Indonesia, Israel, Kyrgyz Republic, Nepal, Poland, Sri Lanka, Tajikistan, Tunisia and Uruguay, among other countries.

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