February 15, 2008 (Asia Times) – The 2005-07 spike in petroleum prices topping out at US$100 a barrel has prodded economic planners across the globe to reconsider their energy options in an age of growing concern over global warming and carbon emissions. The Southeast Asian economies, beneficiaries of an oil and gas export bonanza through [...]
Archive for the ‘ADB’ Category
Asia’s tigers eye nuclear future
Posted in ADB, Australia, China, Clean Energy, Hydro, India, Indonesia, Japan, Korea, Legislation, Malaysia, Myanmar, New Zealand, Nuclear, Philippines, Singapore, Solar, Thailand, Vietnam on February 15, 2008 | 1 Comment »
China proposes US$3 billion carbon fund
Posted in ADB, Carbon Credits, China, Emissions Reduction on November 14, 2007 | Leave a Comment »
November 13, 2007 (Financial News) – China’s State Council will plow about €2bn ($3bn) in taxes raised from the country’s trading in carbon emissions into a new state-owned fund that supports emissions-reducing ventures as part of its government’s strategy to foster and finance projects for climate change.
The China Clean Development Mechanism Fund, which has received [...]
Soaring oil prices a long-term threat to Asia — ADB
Posted in ADB, Oil on November 3, 2007 | Leave a Comment »
November 2, 2007 (Reuters) – Rising inflation in emerging countries in Asia is still manageable but further rises in oil prices would pose a long-term threat to the region’s economies, a senior Asian Development Bank official warned Thursday.
“Obviously, the increase in oil prices is a big challenge,” Jong-Wha Lee, head of Regional [...]
ADB to Finance $931 Million Vietnam Thermal Power Project
Posted in ADB, Cleantech venture capital, Geothermal, Vietnam on September 27, 2007 | Leave a Comment »
September 21, 2007 (ADB) – The Asian Development Bank (ADB) has approved a US$28 million first-stage loan for Viet Nam’s Mong Duong thermal power project. The plant will ultimately add 2,200 megawatts of generating capacity to Viet Nam’s electricity system. Total ADB funding under the two-stage financing program will be $931 million.
ADB`s Carbon Fund Eyes Projects in India
Posted in ADB, Carbon Credits, Cleantech venture capital, Climate Change, Emissions Reduction, Energy Efficiency, India, Renewable Energy on August 31, 2007 | 1 Comment »
August 31, 2007 (BusinessStandard.com) – Asia Pacific Carbon Fund, managed by Asian Development Bank, is scouting for renewable energy and energy efficient projects in India to provide co-financing and technical support.
The fund which recently (in early August) raised $151.8 million from investors, including those from Europe, has a mandate to finance Clean Development Mechanism (CDM) [...]
