Sixth Asia Clean Energy Forum Focuses on Energy Poverty, Business Models

Opening Plenary for the Sixth Asian Clean Energy Forum24 June 2011: The Asian Development Bank's (ADB) Sixth Asia Clean Energy Forum 2011, themed “New Business Models and Policy Drivers - Building the Low-Carbon Future,” took place from 22-24 June 2011 in Manila, Philippines, preceded by preparatory meetings from 20-21 June. The Forum was framed around four overarching thematic areas: policy and regulation; financing and investment; innovative business models; and energy for all.

The event was organized by Asian Development Bank (ADB), the US Agency for International Development (USAID), and the World Resources Institute (WRI), and aimed to promote best practices in clean energy policy and regulation, financing and investment, innovative business models, and energy access. More than 550 participants from over 50 countries, representing governments, financial institutions, civil society, academia, international organizations, and the private sector took part in the event.

Messages of the Forum included the need to: develop financial mechanisms to more effectively link both large and small scale project developers with private and public financiers; strengthen capacity to design and implement business models for clean and renewable energy projects; create an enabling environment for markets; mature the market for renewables; address operational and technical dimensions of renewable energy projects to develop credible financial products; and carry out all of these measures while ensuring that they are inclusive of efforts to improve energy access and eradicate energy poverty.

The Forum included sessions on: voluntary, market-based approaches to drive building energy performance; using public investment to leverage private capital; strategies for serving 100 million people by 2015 and achieving universal energy access by 2030; policy issues in improving distribution system efficiency; greening transport; business models for renewable energy; financing universal access to energy; and innovations to enable energy for all - the role of large companies. [IISD RS Coverage of the Forum] [Sixth Asia Clean Energy Forum 2011 Website]