Cleaner energy for Asia


Pollution in Asia increases daily as the continent continues to enjoy economic growth, and the number of coal-fired power plants grows. The Asian Development Bank recently announced its intention to spend US$1 billion to promote clean energy projects in the region.

Coal provides half of India’s energy, and nearly two-thirds of China’s – many of the plants having been funded by the ADB itself. Now the Bank recognises the need to prevent further deterioration of the environment, and will use the money to identify and fund projects that support continued growth in the region, while helping to slow climate change.