| ADB Hosts Conference to Boost Region's Clean Energy Policy and Governance |
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22/06/2010 11:03 (591 Day 20:40 minutes ago) | |||||
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The FINANCIAL -- More than 100 energy regulators from around the world attended a conference at the Asian Development Bank (ADB) on June 22 aimed at strengthening regulatory frameworks to help countries in the Asia and Pacific region boost energy efficiency and develop renewable energy resources.
"In his opening remarks to the Asia-Pacific Dialogue on Clean Energy Governance and Regulation, ADB Vice-President Bindu Lohani said the twin challenges posed by climate change and growing energy demand require the urgent leadership of governments and their development partners across the region," ADB says.
"Asian countries need to think hard about low-carbon development, and a full armory of technological, financial, policy and regulatory tools will be necessary to help drive the region toward a clean energy future," Mr. Lohani said. "Improving governance and regulation – the reason we are all here today – will ensure that vital investments in clean energy actually deliver improved access to energy for all."
The conference is part of ADB's week-long Asia Clean Energy Forum (ACEF), an annual event that focuses on boosting investments and technologies to advance clean energy solutions.
ADB is co-hosting the conference with United States Agency for International Development (USAID), with assistance from the International Energy Agency, the World Resources Institute and the Regulatory Assistance Project.
“Investment in renewable energy and energy efficiency needs to ramp up exponentially,” said Olivier Carduner, Mission Director for USAID’s Regional Development Mission for Asia. "But this depends, in large measure, on creating the right policy and regulatory environment. We need to make sure we are not putting unnecessary roadblocks in the way of investors, innovators and entrepreneurs.”
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