Developing-Asia Requires $26 Trillion To Properly Develop Infrastructure Through 2030

The need for new and upgraded infrastructure across developing-Asia and the Pacific is expected to exceed $22.6 trillion through 2030, or around $1.5 trillion a year, if the region is going to maintain its growth momentum — figures which only increase to over $26 trillion, or $1.7 trillion a year, when climate change mitigation and adaptation costs are included.

Make in India logo with a backdrop of solar panels.

India Seeks $3 Billion From Development Banks For Solar Power Projects

To kick-start the financial arrangements for the nearly 100 GW planned capacity addition over the next 7 years, the Indian government is seeking $3 billion from international development banks. The government is said to be in talks with the Asian Development Bank, the World Bank, KfW, the Japan International Cooperation … [continued]

Sharp Off-Grid Renewables Focus At Manila IOREC

International Off-Grid Renewable Energy Conference and Exhibition, Manila, June 16, 2014 (IRENA) The efforts of the fledgling—but remarkably effective—International Off-Grid Renewable Energy Conference and Exhibition are paying off again this week. To more than 400 IOREC delegates in Manila, the International Renewable Energy Agency, Asian Development Bank, and Alliance for … [continued]

Japanese Retail Investors Fund ADB Clean Energy Projects

There are signs that there’s healthy demand on the part of retail and professional private sector investors, particularly in Japan, in helping finance the transition to clean, renewable energy. Through Nomura International, the Asian Development Bank last week sold a second, $339 issue of Clean Energy bonds in various foreign currencies to Japanese retail investors.