A finance tool to shut down Asian coal plants up to a decade early will swing into action “soon”, says Asian Development Bank climate envoy
Falling renewable energy costs and a shadow carbon price are making coal power investments unviable, according to bank energy chief Yongping Zhai
NEWS: Mayors told they need to improve their credit ratings and produce better projects, at sustainable cities summit in Seoul
NEWS: Six major funders say they have provided US$ 75 billion since 2011 and will increase cooperation on low carbon finance
NEWS: The Asian Development Bank warns economic cost of climate change will challenge efforts to lift people out of poverty
Asian Development Bank support critical for construction of new power station, raising questions over funder’s climate change strategy