The Government of Japan's Grant is the first seed financing to be announced for the Energy Transition Mechanism, which is being studies and piloted in Southeast Asia, starting with Indonesia and the Philippines.
The Government of Japan today announced a grant of $25 million toward the Energy Transition Mechanism (ETM) partnership led by the Asian Development Bank (ADB).
The coronavirus disease (COVID-19) pandemic may not have been a disaster strictly speaking but its impacts have been disastrous, not just for Southeast Asia, but the rest of the world.
Photo by UN Women Asia and the Pacific
The Asian Development Bank (ADB) has set up a $1.7 million technical assistance facility to accelerate Southeast Asia’s tourism recovery from the coronavirus disease (COVID-19) pandemic, boost inclusive, sustainable development in the sector, and help local tourism entrepreneurs, especially women and youth, adopt digital platforms to grow their businesses.
ADB’s $1.5 billion CARES Program for Thailand provides budget support for the government’s COVID-19 response.
Soeung Bunthoeun, 66, is one of the Agricultural Cooperative Sangha Phal community members in Prey Sangha Village, Kgnach Romeas commune, Bavel district in Battambang province. Photo by Chor Sokunthea/ ADB.
The workshop “Climate-smart Agriculture in the context of the Water-Food-Energy Nexus” will be held on 24 March 2022, supported by the Greater Mekong Subregion (GMS) Sustainable Agriculture and Food Security Program (TA 9916). TA 9916 aims to contribute to the Asian Development Bank’s (ADB) assistance on the Water-Food-Energy Nexus and assist in promoting cooperation across the GMS in efforts to reduce Nexus trade-offs.
According to United Nations, Asia is responsible for more than 80 percent of plastic leakages into marine environments, with a large share originating from the GMS.
The GMS is undergoing a rapid economic growth and industrial development that resulted in a significant increase of air, water and soil pollution, and related risks like declining human health, disruptions in food chains, and inadequate quality of drinking water.
The GMS Climate Change and Environmental Sustainability Program (CCESP) Inception Workshop was held online on 23–24 September 2021, which gathered more than 100 participants from the different GMS countries. The workshop was co-hosted and co-chaired by the Asian Development Bank (ADB) and the Ministry of Natural Resources and Environment of the Government of the Lao People’s Democratic Republic (Lao PDR). The event formally marks the start of the implementation of ADB's TA 9915 or the GMS CCESP.
The Asian Development Bank is convening its first Healthy Oceans Tech and Finance Forum on 26-28 January 2022 that will cover 4 thematic tracks: (1) Plastic-free Oceans, (2) Coastal Resilience, (3) Ocean Finance, and (4) Blue Foods.
The ASEAN High-level Forum on Subregional Cooperation for Sustainable Development and Inclusive Growth initiated by the Government of Viet Nam on 30 November 2021 provided a platform for ASEAN Member States, subregional frameworks, external partners, international organizations, and the private sector to discuss opportunities and challenges in subregions in the ASEAN. The Forum held the following sessions:
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
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