Philippines partners with ADB for clean energy transition at COP26
This mechanism will consist of two multibillion-dollar funds, each aiming for the early retirement or repurposing of coal plants and generating new cleaner energy investments.
This mechanism will consist of two multibillion-dollar funds, each aiming for the early retirement or repurposing of coal plants and generating new cleaner energy investments.
The proposed police allows the bank to continuously support and finance fossil gas projects
ADB and other key financial institutions earlier expressed intention to pursue a scheme to buy out coal power plants.