Ahead of the 2015 Asian Clean Energy Forum, the region’s energy leaders are now looking to re-evaluate traditional norms to respond to volatile prices, extreme weather and large-scale accidents and disruptions.
This year’s Asia Clean Energy Forum (comes at a critical time in the lead-up to the crucial COP21 in Paris. Asia’s energy sector has a very important part to play in these UNFCCC negotiations and in setting the world on a course to limit global warming, and avoid the most dangerous impacts of climate change.
As the sun blazes down on the Thar Desert, pushing solar radiation levels beyond 400 W/m2, a new renewable energy plant is now harnessing the immense power of sunlight to power Rajasthan, India’s largest state.
New technology is rapidly changing our lives, and Tesla’s new Powerwall battery could very well become Neil Armstrong's one giant leap for mankind in electricity storage. Here are 10 megatrends that may shape the electricity industry in the next few years.
What if shifting from fossil fuels to renewable energy could result in citizens paying not more, but less for electrical power? That’s precisely the goal of an ADB-supported project in the Maldives.
As part of No Impact Week, ADB officially turns on its second solar power plant on the rooftop of the new Third Atrium building at ADB’s headquarters in Manila, Philippines.
Launched as a political bloc and security pact in the aftermath of the Viet Nam War, the Association of Southeast Asian Nations (ASEAN) has evolved to embrace an ambitious economic agenda. Its latest project is to establish the ASEAN Economic Community by 31 December 2015. But is this likely?
The recent formal pledging session for the Green Climate Fund (GCF)—more than $9 billion in just 5 months—is by far the most successful resource mobilization ever seen for a multilateral climate fund. The US has pledged $3 billion, followed by Japan ($1.5 billion), UK ($1.13 billion), and Germany and France (with $1 billion each). Four developing countries—Indonesia, Mexico, Mongolia, and Panama—have made pledges, breaking the traditional donor boundaries.
A set of reports by the Intergovernmental Panel on Climate Change (IPCC), the last of which was released on November 2, 2014, sets the scene for governments to renew their efforts on the issue through ambitious commitments for a comprehensive climate agreement in Paris in December 2015.
The new Sustainable Development Goals (SDGs) are expected to bring a stronger focus on longer-term durability of development gains as opposed to the current approach which sees decision-making targeted at the shorter term. At present, businesses main focus is annual balance sheets; for development organizations it is annual results reporting; and for democracies there's cyclical elections.