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Introduction
Enhanced oil recovery through the injection of carbon dioxide (CO2) can be a win–win solution for Indonesia. This technology can help slow or halt the decline in oil production while addressing the urgent need to curb rapidly rising greenhouse gas (GHG) emissions.
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MANILA, PHILIPPINES (29 April 2020) — The Asian Development Bank (ADB) has approved a $346 million loan to India to help provide efficient and reliable power connection to rural agriculture customers in the state of Maharashtra.
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ULAANBAATAR, MONGOLIA (22 April 2020) — The Asian Development Bank (ADB) has approved a $100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS).
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Now is the time to ramp up actions on resilience so that society can beat the COVID-19 crisis while reducing the impact of climate threats.
The last few weeks have taken all of us by surprise. We are confined to our homes. Weaknesses in health care systems have been exposed. Jobs are uncertain. Women are bearing the burden of providing informal care within families. Millions are being pushed back into poverty. Stock markets are reeling.
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The pandemic reinforces the need for reliable energy services to support healthcare. Clean, renewable power is a good place to start.
COVID-19 has hit the reset button on the global economy. But at some point we will shift from emergency response into recovery mode, providing a rare opportunity for global economic retooling—an opportunity largely missed after the 2008 financial crisis.  How can we “build back better” so we’re more prepared for the next pandemic?
Healthcare is the obvious place to start. To function properly, it needs reliable and affordable energy.
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The Asia Clean Energy Forum (ACEF) will not be daunted by the limitations presented by the COVID-19 pandemic and will be delivered through an online platform from 15 to 18 June. This year’s content will revolve around the theme, Vision 20/20: Cross-Sectoral Innovations for a Sustainable Future, and continue building on the multisectoral perspective brought to more focus in 2019.
 
Four thematic tracks will set the parameters of the discussions during the 15th ACEF in June:
 

 

Impact of ADB Investment in Energy Access
(2008-2017)

$1.29 billion

Invested in energy access in 2017

$8.47 billion

Total ADB investment in energy access (2008-2017)

24.35 million

Households will have improved energy access due to ADB investments since 2008

 

 

 

 

Since 2008, ADB's Energy for All Initiative has worked to increase ADB's investment in energy access projects, especially those projects benefitting the rural poor in off-grid areas. Improved energy access includes new or improved connections to electricity and access to modern fuels for cooking and heating.

 

 

 

 

 

 

 

 

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