Now is the time for the PRC to make carbon capture storage the cornerstone of its policy to deliver on the government’s UNFCCC pledge of peaking emissions by 2030.
In this ever-changing development environment, multilateral development banks like ADB may not survive unless we innovate and take risks, much like actually reading a classic novel instead of just bragging about it.
The first bond issue under a project bond guarantee facility set up in 2012 by ADB and IIFCL is a landmark achievement for Indian infrastructure development, as credit enhancement can help draw in money from insurance companies and pension funds.
Clean energy advocates believe that 100% generation from renewable energy sources is the only way to meet the power demand and address global warming. It's technically feasible, but we will still need some fossil fuels to create a sustainable energy source that all countries can afford.
With ADB support, the Philippines became in 2010 the first Asian country to phase out inefficient incandescent light bulbs. Most countries in the region followed suit, and now these bulbs are barely used because the market won’t buy them anymore.
Sarulla was the first greenfield, commercial investment in Indonesia geothermal in almost 20 years, and remains key to demonstrating the sector’s commercial viability in the country.
New technologies such as lithium-ion batteries, LED lights and rooftop solar power are changing the way electricity is generated and supplied. We also need less electricity; with energy-efficient lighting and appliances, our electricity needs are reducing every year.
Asia’s share of world energy consumption is rapidly growing, and meeting this demand in a sustainable way requires a shift in investment away from fossil fuels toward renewable energy sources.
At this week’s Asian Clean Energy Forum 2015, many speculated about how current low oil prices may affect investments in renewable energy across the region. In the Pacific, the impact may less than expected.
How can cleantech entrepreneurs learn to better sell their business ideas to investors? We asked the CEO of an Indian early-stage incubator company.