ADB Helps Promote Biomass for Energy, Fertilizer Use in 3 Asian Countries

The Asian Development Bank has approved a $4 million grant to help the Greater Mekong Subregion, which includes Laos, Vietnam and Cambodia, promote the use of biomass waste as a source of clean energy and fertilizer.

The grant will be drawn from the ADB-managed North Development Fund and will finance pilot investment projects that aim to scale up biomass technologies in the region. The money will also be used for research and capacity-building initiatives.

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About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.