ADB Invests $100 Million to Support Decarbonization of India’s Commercial and Industrial Sector
We have partnered with Fourth Partner Energy to advance the decarbonization of India’s commercial and industrial sector through solar, solar-wind hybrid, and rooftop solar power projects and to provide clean energy directly to users.
The investment will support the country's transition by encouraging domestic and international lenders to engage with independent power producers.
This initiative will accelerate the decarbonization of companies with high energy requirements in India and other Southeast Asian countries where Fourth Partner Energy operates.
AGRICULTURE | ASIA AND THE PACIFIC
ADB, University of Chicago to Promote Innovations to Reduce Climate Change Impacts
ADB and the University of Chicago’s Development Innovation Lab have signed an agreement to scale up innovations to reduce the impacts of climate change on agriculture in Asia and the Pacific.
Through this cooperation, the two institutions will collaborate on the intersection of climate change, food security, digital innovation, and sustainable development in agriculture and natural resources.
BLOG OF THE WEEK | ENVIRONMENT
Why Enhancing Natural Capital is Key for Green Growth
Enhancing natural capital is crucial for green growth, as it encompasses the value of services provided by forests, land, water, and air, which are essential to advance strategies that protect the environment.
A study comparing GDP growth with changes in renewable natural capital in Asia and the Pacific countries revealed that incorporating greenhouse gas values significantly affects the assessment of green growth, underscoring the importance of efficient, cost-effective emission reduction strategies.
PUBLICATION OF THE WEEK | GENDER
Leveraging Fintech for Women Entrepreneurs in Indonesia, the Philippines, and Viet Nam
The fintech sector is expected to generate $1.5 trillion in annual revenue by 2030, with the largest markets in Asia and the Pacific.
This study explores the current landscape in Indonesia, the Philippines, and Viet Nam, and how these technologies can benefit underserved groups, particularly women-led small and medium-sized enterprises.
It also identifies key issues for women entrepreneurs and business owners and examines current and emerging fintech business models and enabling technologies.
VIDEO OF THE WEEK| CLIMATE CHANGE
The Hindu Kush Himalayas, home to the largest volume of ice outside the Arctic and Antarctica, provide water and energy for 2 billion people. Yet, this region is warming at a rate three times faster than the global average.
Without urgent action, the consequences will disproportionately affect the region’s poorest and most vulnerable groups. Watch the video to learn how governments can respond.
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freelance Architect Designer,/Artist
2 个月Keep growing!??Best wishes!
Communications Strategist | ESG Advocate | FAO-Rostered | Ex-McKinsey and Capgemini | Leveraging Corporate Experience To Drive Social Impact in Nonprofit & International Development Sectors
3 个月Asian Development Bank (ADB), great news! ADB’s $100M investment in decarbonizing India’s commercial and industrial sector is a major step forward. Partnering with Fourth Partner Energy will not only reduce emissions but also pave the way for sustainable growth in India and Southeast Asia. Excited to see the impact of this initiative! #CleanEnergy #Sustainability Andrew Perrin
Chairman / Former President of Executive Committee in the Pakistan Association of the Deaf
3 个月Last 14th August.
Founder and President at Trokosi Abolition Fellowship International
3 个月Co-host my Book Title: The Revealed Myths About Trokosi Slavery.How women experienced Modern Slavery.
Pyrolysis Set up in Botswana
3 个月I want to know if you can fund Botswana Projects in decarbonization. If you can kindly contact me at 00267 74429157 or email me at [email protected]