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Regional OverviewWhat is the imperative for accelerating the disseminationof clean energy in the Asia Pacific region?Energy Security Rapid economic growth is driving a steepincrease in energy demand through the region. Nations continue to use fossil fuels due to lowcost and tried and tested technology.

Outlook: Energy DemandAnnual energy demand growth in the Asia-Pacific region until2030: 2.6% Energy demand increase between 2005 and 2030: 92%toe per capitaTotal Primary Energy Demand perCapita (1990-20302030) and the Pacific willlead the world’s s energydemand growth, but percapita energy demandwill remain relatively lowfor developing membercountries0.00 10,000 20,000 30,000 40,000 50,000 60,000GDP per capitaSource: ADB Energy Outlook for Asia and the Pacific, 2009

Regional OverviewWhat is the imperative for accelerating the disseminationof clean energy in the Asia Pacific region?Climate Change Major Asian economies are among the global topCO2 emitters.

CO2 from Energy ConsumptionThe region’s s heightened energy consumption will lead to an increased sharein energy-related related CO 2emissions.Rest oftheWorldDevelopingAsia69% 31% 45% 55%Rest oftheWorld20072030Actual (World)Projection (World)Total = 28,826 Mil tons CO 2 Total = 40,226 Mil tons CO 2Source: ADB, 2009. Data from IEA World Energy Outlook.

Regional OverviewIn ADB’s s experience, there are three areas we need tofocus on to bring down the barriers that slow down thedissemination of clean energy: Market aggregation for economies of scaleLow carbon technology transfer and deploymentNew market based instruments

ADB CE Investments 2003‐200920096,0005,5005,5655,0004,5004,307Investment in $ Millions4,0003,5003,0002,5002,0001,9462,614CumulativeInvestmentsIncrementalInvestments / yr1,5001,2891,00050022653202003 2003‐2004 2003‐2005 2003‐2006 2003‐2007 2003‐2008 2003‐2009Source: ADB databaseYear

Clean Energy Activities TowardOutputs, Outcomes and Impacts(2008‐2009)2009)58 million tonsCO 2 /yr abatedSource: ADB database

Catalyzing Rapid Clean EnergyTechnology Diffusion

Aggregating Clean Energy Markets• First Asia Solar Energy ForumThis will serve as a platform to lower key barriers todeveloping utility‐scale solar PV and concentrated solarthermal technology while developing incentives toaccelerate technology diffusion in the region.• Quantum Leap in Wind/Small WindThese programs are intended to aggregate the market forwind to lower cost of technology and catalyze deploymentin the region12

Facilitating Clean Energy TechnologyDevelopment and Diffusion• Asia Clean Technology ExchangeEstablish a marketplace to support willing buyers and sellers of lowcarbon technologies to facilitate technology transfer and rapid diffusionof these technologies in the region.• Asia Climate Change and Clean Energy VentureInitiativeProvide early equity to start‐up Asian companies with readilydeployable clean energy technologies to: (i) kick‐start the developmentof nascent eligible technologies; and (ii) helping minimize perceived riskof investing in target technologies among potential co‐investors.• Climate Public Private Partnership Fund (CP3)ADB is working to establish this fund as an investment vehicle throughwhich the resources of institutional private equity funds can bemobilized towards investment strategies for mitigating climate change.13

Supporting growth through clean andenvironmentally sustainable energy• Energy for AllLead efforts to expand access to energy ‐ investments in 2009 of about$420 million, and connecting over 220,000 households to electricity andalmost 35,000 households to modern fuels for cooking and heating.• Sustainable Transport InitiativeFundamental change in transport policy to "avoid‐shift‐improve"approach ‐ integrating land use developments with mobility demandsto avoid the need to travel; promotes the shift to energy efficientmodes of transportation; improve vehicle and fuel technologies.• Cities Development Initiative for AsiaWorks with cities, development partners, and the private sector toimplement needed investments for sustainable urban development,such as public transport, solid waste methane capture, energyefficiency in buildings, and alternate energy sources.14

Other New Programs• Carbon Capture and Storage (CCS)Produce a comprehensive road map for CCS demonstration projects, as well aspolicies, legal and regulatory frameworks to overcome barriers to broadcommercial scale deployment of CCS in the region• Renewable Energy Certificate (REC)Market‐based instrument to promote renewable energy ‐ provides flexibilityand innovative funding mechanism to support renewable energy developmentwithout actually receiving electricity generated by renewable energy.• Regional Policy and Regulatory Dialogues: Bridging theGap for Renewable Energy and Energy EfficiencyWork with partners to develop a dialogue intended to break down regulatoryand policy barriers to improve the environment for clean energy investmentand promote energy efficiency and renewable energy markets.15

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