ADB to Discontinue Financing Coal Projects

The Asian Development Bank will help DMCs mitigate the impact of existing coal-fired power; policy to be reviewed in 2025

May 18, 2021

/ Srinwanti Das

/ Finance and M&A, Other,

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The Asian Development Bank (ADB), under its draft energy policy, has announced that it will discontinue financing any new coal-fired capacity for power and heat generation or any facilities associated with new coal generation.

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Srinwanti Das

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ADB to Discontinue Financing Coal Projects

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