The Asian Development Bank (ADB) on Wednesday said it is planning to issue its first Clean Energy bond to support renewable energy projects in Asia.
The bond is expected to be issued in September, targeting Japanese retail investors. The bond issue will be arranged through HSBC Securities (Japan) Ltd. and will be sold across Japan by more than 20 securities firms.
The bond will have four tranches — one denominated in Australian dollars, another in Turkish lira, and two others in Brazilian real – carrying four- and seven-year tenors.
ADB said it intends to help the region meet its energy security needs, facilitate a shift to a low-carbon economy, and ensure everyone in the region has access to energy.
“Clean energy is a crucial element in the fight against poverty in Asia and the Pacific,” ADB President Haruhiko Kuroda said in a statement Wednesday.
The insufficient energy investment in Asia is preventing many developing countries and individuals from reaching their full potential. There are 800 million people without access to electricity and 1.8 billion relying on biomass fuels for cooking and heating, according to the bank.
ADB said it is eyeing $2 billion a year in renewable energy investments by 2013. Between 2005 and 2009, ADB’s total clean energy investments exceeded $5 billion. —JE, GMANews.TV
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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