AsiaElec Week 03
P. 1
Issue 515 22•January•2020 Week 03
Climate risk
BlackRock’s divestment pledge puts decarbonisation at the top of the energy agenda
1% green growth
Global investment in renewable generation rose 1% in 2019 to $282bn, with the Chinese market falling and US spending reaching record levels
Withdrawing support
The UK is to stop providing development finance for coal-fired generating plants across Asia and Africa
Solar hybrid
The Asian Development Bank has provided $55mn of support to the Maldives to build solar-hybrid battery systems in a bid to reduce diesel consumption