2021 Energy Policy of the Asian Development Bank

The new Asian Development Bank (ADB) Energy Policy, approved in October 2021, guides ADB's energy sector operations to support energy access improvement and low-carbon transition in Asia and the Pacific. It is consistent with ADB's Strategy 2030, the Sustainable Development Goals, and the Paris Agreement on climate change and anchored on five principles: (i) securing energy for a prosperous and inclusive Asia and the Pacific; (ii) building a sustainable and resilient energy future; (iii) supporting institutions, private sector participation, and good governance; (iv) promoting regional cooperation and integration; and (v) maximizing development impact through integrated cross-sector operations.