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The Asian Development Bank (ADB) has approved a US$150 million loan for a facility to encourage public and private funds to invest in green, financially sustainable infrastructure projects in Indonesia.
Australia’s biggest coal-fired plant Eraring will close in 2025, seven years earlier than planned.
The International Finance Corporation (IFC) has approved a US$30 million financing package for a waste-to-energy (WtE) power plant in Vietnam.
The World Bank (WB) has recommended that Indonesia do more to encourage private investment in renewables as part of work to deliver on its energy transition.
Private investors may be permitted to invest in Vietnam’s developing electricity transmission lines.