Loan supports reforms to boost sustainability, governance, private investment
24 Nov 2022
While still in its nascent stage of development as a clean energy source, corporates are starting to embrace green hydrogen as part of their broader net-zero transition strategies, hoping to capitalize on opportunities leading to its commercialization
23 Nov 2022
In the face of a massive financing gap for climate-change mitigation and adaptation in developing countries, everyone accepts the need for more "creative" measures to unlock and redirect private capital. But proposals like carbon credits must be understood merely as stepping stones, rather than as lasting solutions
18 Nov 2022
Real estate and healthcare company Perennial Holdings, along with a consortium of investors, has secured a S$3 billion (US$2.18 billion) green loan to finance the redevelopment of 8 Shenton Way in Singapore.
17 Nov 2022
The Asian Development Bank (ADB) on Monday (November 14) signed a memorandum of understanding with partners in Indonesia to jointly explore the early retirement of a coal-fired power plant owned by an independent power producer (IPP) under ADB’s Energy Transition Mechanism (ETM).
14 Nov 2022
The International Finance Corporation (IFC), in partnership with the Swiss State Secretariat for Economic Affairs (SECO), is scaling up its support to the Vietnamese government to promote sustainable finance and spur private sector investment, as part of efforts to help the country implement its climate commitments. Vietnam is adopting a low-carbon growth model and targeting carbon neutrality by 2050.
14 Nov 2022
Cautious investors sign on to ADB-inspired mechanism to transition coal plant
14 Nov 2022
The Asian Infrastructure Investment Bank (AIIB) and the Global Energy Alliance for People and Planet (GEAPP) are collaborating to mobilize up to US$1 billion for the financing of green energy transition and renewable energy projects.
11 Nov 2022
The Asian Infrastructure Investment Bank (AIIB) and two other institutions have joined the Energy Transition Accelerator Financing (ETAF), a global climate finance programme aimed at mobilizing capital to scale up renewable energy project funding in developing countries by 2030. The programme is managed by the intergovernmental organization International Renewable Energy Agency (Irena).
10 Nov 2022