Abstract
Technology transfer and financial support are essential needs of developing Asia to combat climate change. This paper provides insight into Asian Development Bank (ADB’s) practical experience in establishing a climate technology financing mechanism to promote low-carbon technology (LCTs) transfer and investment. The paper firstly presents ADB’s commitments to address climate change. Secondly, it introduces Asian Development Bank (ADB)’s practice on Pilot Asia-Pacific Climate Technology Finance Center (CTFC) and analyzes the experience on the operationalization of the CTFC. Lastly, the paper draws conclusions and recommendations for improving existing approach and establishing effective mechanisms for promoting LCTs transfer and investment in support of the implementation of INDCs.
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In Pakistan, the primary focus is on preparing a reference document that can be during the development of investment projects.
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China New Energy Chamber of Commerce (CNECC) business is one of the largest and most established industry alliances for Chinese-based private renewable energy companies, with over 1,200 member companies spanning solar, biomass and sectors.
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Mo, L., Zhai, Y., Lu, X. (2017). Establishing a Low-Carbon Technology Finance Mechanism: Asian Development Bank Experiences on Climate Technology Finance Center. In: Anbumozhi, V., Kalirajan, K. (eds) Globalization of Low-Carbon Technologies. Springer, Singapore. https://doi.org/10.1007/978-981-10-4901-9_17
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DOI: https://doi.org/10.1007/978-981-10-4901-9_17
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