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ADB Clean
2,500 2,000 $ Millions 1,500 1,000 500 0

Clean Energy Activities
In 2012, the Board of Directors of the Asian Development Bank (ADB) approved $2.3 billion investments in clean energy projects, up from $2.1 billion in 2011. Of this amount, 41.3% is for energy efficiency projects with the rest going to renewable energy projects such as hydro, solar, wind, biomass, and waste-to-energy. Energy efficiency projects consist of district heating retrofits, electric vehicles, loss reduction in transmission and distribution lines, and industrial energy efficiency improvements. The 2012 ADB clean energy projects are expected to add 1,255 megawatts of renewable energy capacity, save 871 gigawatt-hours of electricity and 71,938 terajoules of fuel annually, and abate 15.9 million tons of carbon dioxide emissions. Total disbursement under ADB’s clean energy projects, financed by ADB’s ordinary capital resources, reached $1.6 billion in 2012. ADB will boost investment in end-user energy efficiency to help Asia and the Pacific tackle surging power demand and growing environmental threats from greenhouse gas emissions. “There is huge potential for saving energy by making buildings, vehicles, machinery, and water pumps more energy efficient to the benefit of consumers and the environment, and the time is right for ADB to do more in this area,” said Bindu N. Lohani, ADB Vice-President for Knowledge Management and Sustainable Development, at the 8th Asia Clean Energy Forum held 25–28 June 2013 at the ADB headquarters in Manila. “We want to promote demand-side energy efficiency through public and private sector partnership, with ADB taking a lead role in providing customized policy advisory services, technical assistance, and innovative financing support in developing member countries.” ADB has raised over $800 million of clean energy bonds to date. Proceeds raised through the clean energy bonds will be used to finance a pool of projects related to the clean energy field in Asia and the Pacific.

Energy

BONDS

Clean Energy Investments Approved by ADB, 2003–2012

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Note: In this publication, “$” refers to US dollars.

ADB 2012 Clean Energy Investment Indicators
4,907 GWh/year renewable electricity generation ADB Clean Energy Program $2.3 billion in clean energy investments in 2012 871 GWh/year electricity saved 71,938 TJ/year direct fuel saved
CO­2e = Equivalent carbon dioxide, GWh = gigawatt-hour, MW = megawatt, TJ = terajoule. Source: ADB database.

1,255 MW added renewable energy generation capacity 15.9 million tons CO2e/year abated

Southeast Asia Energy Efficiency Project (Cofely Southeast Asia) Project Life: 20 years Total Loan Package: $40 million
Project Summary The project seeks to remove both the financial constraints and the information barriers that inhibit the development of the energy efficiency market through a loan, parallel research, and development technical assistance. Specifically, it will support the investment program of Cofely to expand and upgrade energy efficiency services in Cambodia, Indonesia, the Lao People’s Democratic Republic, Malaysia, the Philippines, Thailand, and Viet Nam. The loan will finance the expansion of energy efficiency services and small-scale renewable energy generation, and long-term energy efficiency solutions in ADB developing member countries in Southeast Asia that guarantee energy savings for hotels, hospitals, large commercial centers, office buildings, business districts, and industrial facilities. ADB and Cofely will finance the investment program on a consolidated basis to reduce financing transaction costs that typically hamper small energy efficiency projects.

Provincial Solar Power Project (Bangchak Solar Energy Company) Project Life: 25 years Total Loan Package: $37.8 million
Project Summary The project will be developed and implemented over two phases (phase 2A in Chaiyaphum Province and phase 2B in Ayutthaya Province) under four standard renewable energy power purchase agreements (PPAs) of 8 megawatts each with the Provincial Electricity Authority in Chaiyaphum and Ayutthaya. It will have a total capacity of 32 megawatts and utilize multicrystalline photovoltaic technology. Any additional power generation from the project beyond the PPA contract capacity will be distributed to the grid for free as an economic benefit to the country. The PPAs are automatically renewable every 5 years and, in addition to the wholesale tariff, include an adder of 8 baht per kilowatt-hour applicable for 10 years from the date of commercial operation. The project will be developed under separate engineering, procurement, and construction arrangements for each phase, with the commercial operation of both phases planned from 2013.

Our Vision—An Asia and Pacific Free of Poverty
ADB’s vision is an Asia and Pacific region free of poverty. Its mission is to help its developing member countries reduce poverty and improve the quality of life of their people. Despite the region’s many successes, it remains home to two-thirds of the world’s poor: 1.7 billion people who live on less than $2 a day, with 828 million struggling on less than $1.25 a day. ADB is committed to reducing poverty through inclusive economic growth, environmentally sustainable growth, and regional integration. Based in Manila, ADB is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance.
© Asian Development Bank Publication Stock No. ARM135911 August 2013 Printed on recycled paper

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