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Webinar
Zoom on a SI: ADB Energy Transition Mechanism
During this webinar ADB colleagues presented the ADB Energy Transition Mechanism (ETM).
ETM is a scalable, collaborative initiative developed in partnership with ADB developing member countries (DMCs) that aims to leverage a market-based approach to accelerate the transition from fossil fuels to clean energy.
Public and private investments—from governments, multilateral banks, private sector investors, philanthropies, and long-term investors—will finance country-specific ETM funds to retire coal power assets on an earlier schedule than if they remained with their current owners.