1.5 Scaling Up Energy Efficiency Action: ADB's Role
Over the past decade, ADB has succeeded in quickly scaling up its investments in energy efficiency and the development of renewable resources through its Clean Energy Program. ADB achieved an initial target of $1 billion in clean energy investments per year by 2008, then reached $2.1 billion in 2011—meeting its 2013 target 2 years ahead of time. In 2012, ADB maintained this upward trend, achieving clean energy investments of $2.3 billion.
In late 2011, ADB's Independent Evaluation Department (IED) published an assessment of ADB's clean energy investments, focusing on 2003–2010. The IED study found that industry and buildings are responsible for more than 70% of total commercial energy consumption in Asia. They are additionally responsible for a remarkable 85% of electricity use in the region. However, in contrast with these percentages, ADB support to manage energy consumption in the two sectors has represented just 4% of its overall clean energy portfolio (ADB 2011b). In light of these findings, the IED study made a number of recommendations for improving and strengthening ADB's efforts in DSEE, including a suggestion for an increased focus on EE investments in industry and buildings.
This report builds on the 2011 IED study and more recent research, to assess the capacity of ADB in end-use EE, as well as the challenges it faces in accelerating EE investment in Asia. The report reviews ADB's recent pipeline of end-use EE projects, and proposes a strategy for ADB's more systematic support of EE investment in the Asia and Pacific region. Issues explored in this regard surround the enhanced provision of institutional expertise, knowledge creation and management, and capacity building and coordination—all focused on accelerating end-use EE investment.