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ADB Considers Revised Energy Policy to Incorporate Climate Change Challenges

The Asian Development Bank's (ADB's)

9 February 2009: The Asian Development Bank's (ADB's) Board of Directors is currently reviewing an update to its Energy Policy, which guides the Bank's operations in the energy sector. 

The draft policy has been finalized incorporating views received from both internal and external stakeholders and will align ADB's energy operations to meet energy security needs, facilitate a transition to a low-carbon economy, and achieve ADB's vision of a region free of poverty. ADB expects the Board of Directors to adopt the updated energy policy in March 2009. [Proposed updated ADB Energy Policy]