The Asian Development Bank (ADB), the Philippines and Indonesia have launched a partnership that aims to accelerate clean energy transition.

In a statement, ADB said the Energy Transition Mechanism (ETM) Southeast Asia Partnership was announced by ADB President Masatsugu Asakawa, Indonesian Finance Minister Sri Mulyani Indrawati, and Philippine Finance Secretary Carlos G. Dominguez 3rd at the COP26 on Wednesday.

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