ADB signs 50 mln USD commitment to accelerate energy transition in Asia-Pacific

MANILA, June 18 (Xinhua) -- The Asian Development Bank (ADB) on Tuesday said it has signed a 50 million U.S. dollar commitment to Actis Asia Climate Transition Fund to help accelerate the clean energy transition and address development challenges arising from climate change impacts in Asia and the Pacific.

The infrastructure fund, managed by Actis, a global sustainable infrastructure investor, will invest in ren