Greater gains in energy savings are possible from improved energy efficiency and conservation measures, both as a smart business investment, and an imperative for the global community.
Renewable energy is a challenge, but also an opportunity for new industries, employment, and new ways to reduce dependency on fuel imports, provide electricity to poor remote areas, reduce air pollution, and provide a healthier environment.
Investments in renewable energy and energy efficiency generate benefits to society as a whole that cannot be fully reflected in investment returns, leading thereby to underinvestment by the private sector.
Better cross-border transportation and electricity links are central pillars of both the Greater Mekong Subregion program and Asian Development Bank's work in support of Cambodia's development.
ADB remains deeply concerned about recent developments in Myanmar and will continue to consult with shareholders and other stakeholders on any operations in the country.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226
