Coal curbs PH clean energy shift-ADB

The Philippines and many of its Southeast Asian neighbors have been sluggish in tapping renewable energy (RE), according to the Manila-based multilateral lender Asian Development Bank (ADB).

- By BEN ARNOLD DE VERA

"In 2022, renewables—as a share of new power generation capacity installed—exceeded 75 percent in nine countries, including China, India, and Kazakhstan, illustrating these countries demonstrated capability, willingness, and enabling ecosystem to install renewable energy infrastructure," the ADB said in a report titled "Energy Transition Readiness Assessment for Developing Asia and the Pacific," published on April 25.