As stated by the ADB, the proposed regional technical assistance (TA) will assist ADB developing member countries (DMCs) in Asia and the Pacific (APAC) in advancing a just energy transition that supports energy sector decarbonization via a progressive transition from fossil- fuels to clean technologies in an inclusive, affordable, and reliable manner.
The TA will assist targeted DMCs with a holistic range of solutions, including (i) supporting Just Energy Transition Partnerships (JETPs) activities; (ii) undertaking country level energy transition assessments; (iii) conduct project level transaction and pre-feasibility studies financed by JETP and ADB Energy Transition Mechanism (ETM); and (iv) develop knowledge sharing and outreach programs.
The proposed TA will work in close coordination with ongoing ADB energy sector operations and other energy transition initiatives, such as the Climate Investment Funds Accelerating Coal Transition (CIF-ACT), among others. JETP has broad support from a range of development partners as a mechanism to address the challenges of the energy transition. Given ADB emerging lead role on JETP in multiple countries, it is envisaged that the proposed TA financing will be subsequently expanded through additional financing from ADB and external sources.
The TA will focus initially on Southeast Asian DMCs, particularly in Cambodia, Indonesia, the Philippines, and Viet Nam, whereas other Southeast Asian DMCs, may also be supported if demand arises. Other APAC regions will be supported once additional eligible funding resources become available in the future.
ADB Team Leader:
Alfredo Baño Leal - Senior Energy Specialist
No contacts provided at the time of disclosure.
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