Strategy 2030 Energy Sector Directional Guide: Inclusive, Just, and Affordable Low-Carbon Transition in Asia and the Pacific

By Asian Development Bank

This sector directional guide describes the context and rationale that will guide the agenda of the Asian Development Bank (ADB) in supporting developing member countries with financing, knowledge, convening ability, and technical assistance to ensure improved the coherence, relevance, efficiency, and effectiveness of ADB’s energy sector investments. It outlines the priorities and focus for the energy sector in line with Strategy 2023. The guide is designed to be a living document, to be updated as needed to remain relevant to the dynamic development context of Asia and the Pacifi c. A midterm review will be conducted following the expected review of the Energy Policy in 2025.

• Language: English
• Publisher: Asian Development Bank
• Release date: Jul 1, 2023
• ISBN: 9789292702366

Book preview

STRATEGY 2030 ENERGY SECTOR DIRECTIONAL GUIDE

INCLUSIVE, JUST, AND AFFORDABLE LOW-CARBON TRANSITION IN ASIA AND THE PACIFIC

JULY 2023

Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)

© 2023 Asian Development Bank

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Some rights reserved. Published in 2023.

ISBN 978-92-9270-235-9 (print); 978-92-9270-236-6 (electronic); 978-92-9270-237-3 (ebook)

Publication Stock No. SPR230229-2

DOI: http://dx.doi.org/10.22617/SPR230229-2

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Notes:

In this publication, $ refers to United States dollars.

ADB recognizes Turkey as Türkiye and USA as the United States.

On the cover: Clean energy projects in ADB developing member countries (photos by ADB).

CONTENTS

TABLES AND FIGURES

ABBREVIATIONS

EXECUTIVE SUMMARY

This Energy Sector Directional Guide (ESDG) provides the strategic direction of the Asian Development Bank (ADB) for the energy sector. It describes the context and rationale that will guide ADB’s agenda in supporting developing member countries (DMCs) with financing, knowledge, convening ability, and technical assistance to ensure improved coherence, relevance, efficiency, and effectiveness of ADB’s energy sector investments. It is intended for both an internal ADB audience (e.g., energy and other sector and department staff) and an external audience (e.g., DMC governments, line ministries, multilateral development banks, United Nations agencies, and other international entities). The ESDG aligns with Strategy 2030 and its seven operational priorities (OPs)—OP1: Addressing remaining poverty and reducing inequality; OP2: Accelerating progress in gender equality; OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability; OP4: Making cities more livable; OP5: Promoting rural development and food security; OP6: Strengthening governance and institutional capacity; and OP7: Fostering regional cooperation and integration. The ESDG assesses