ADB’s Pacific member countries have been working on cleaning their energy mix over the last decade. Countries have announced ambitious plans that have to some extent been financed through grant projects from bilateral and MDB partners.
Over the last decade, some countries have reached 50% or more clean energy (largely hydro driven based on resource availability). There are others that are yet to have a meaningful share of energy from clean sources (particularly intermittent energy). Overall, energy mixes are indeed greener but the end-cost to the average customer or support on government budgets has not necessarily decreased.
There are a few points the session would seek to cover:
- The experience of the energy transition in the Pacific to-date – Will the future reflect the past?
- Potential winners and losers in an energy transition in an island context
- The emerging role for the utility in an increasingly fragmented, decentralized and complex grid.
- Resistance to “low hanging fruits” on clean energy and what can partners offer?
The session will be for 90 minutes and will consist of speech, presentation and panel discussion.
To help inform on choices for a Pacific energy transition and what can be done to accelerate this over the near term.
About the Organizer
The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.