Asian Development Bank Stock Market Press Releases and Company Profile

Manila, June 15, 2006 AEST (ABN Newswire) - Asian Development Bank (ASX: ATB) will play host for three days next week to experts and policymakers on clean energy development, climate change, energy access and security, and energy governance.

They will be taking part in a Clean Energy Week on 20-22 June, at ADB Headquarters, Manila, where the major players in the Asian energy agenda - including representatives of developing countries, donor governments, nongovernment organizations, and the private sector - will discuss, debate and exchange experiences.

Clean Energy Week will mark the start of consultations on the review of its energy policy as it moves to develop a more strategic approach to addressing the energy needs of its developing member countries.

There will also be consultations on ADB's Energy Efficiency Initiative, under which it plans to expand its investment in clean energy projects to $1 billion a year, as well as an introduction to its planned Carbon Market Initiative.

The next steps for ADB to further develop clean energy projects will also be discussed, as lessons are shared on ADB's technical assistance project for the Promotion of Renewable Energy, Energy Efficiency and Greenhouse Gas Abatement (PREGA).

The event precedes the July 2006 meeting of the G8, for which ADB and other international finance institutions are developing an Investment Framework on Climate Change, Clean Energy and Sustainable Development.

Among the external speakers due to appear at Clean Energy Week are:

- Weerawat Chantanakome, ASEAN Center for Energy

- Ram Manohar Shrestha, Professor, Asian Institute of Technology

- Zhang Zouyi, Tsinghua University

- Rafael Senga, World Wildlife Fund-Philippines

- Hoesung Lee, Keimyung University

- Tom Dreesen, EPS Capital Corporation

- Johane Meagher, Executive Director, E7

- Jesus Anunciacion, Division Chief, Department of Energy, Philippines

- T.L. Sankar, Advisor, Indian Administrative Staff College

- Smita Nakhooda, World Resources Institute

- Hilal Raza, Executive Director, SAARC Energy Center

- Gerd Liepold, Greenpeace

- Gordon Couch, International Energy Agency

Press are invited to cover any of the events planned for the three days. See tentative schedule.

To book a place, contact in advance
Graham Dwyer
Tel (632) 632 5253, cell (63) 915 741 4363 (gdwyer@adb.org)
or Ramoncito dela Cruz
Tel (632) 632 5881(rpdelacruz@adb.org)

Contact

Graham Dwyer
Email: gdwyer@adb.org
Tel:+632 632 5253; +632 898 3413; +63 915 741 4363


Ramoncito dela Cruz
Email: rpdelacruz@adb.org
Tel:+632 632 5881; +63 918 939 9058


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