Regional: SASEC Green Fuel Development Initiative
The regional knowledge and support technical assistance aims to support the South Asia region in transitioning from fossil fuels to carbon-free 'green fuels such as advanced biofuels and green hydrogen as well as green ammonia. As the energy sector's regional cooperation and integration, the TA will launch Green Fuel Development Initiative under the SASEC platform. This initiative frameworks were endorsed by the SASEC energy working group meeting and its nodal officers meeting in June 2022. The TA will assess each country's and the region's market potential for various types of green fuels across multiple sectors including energy, transport, manufacturing, agriculture, and others. Transnational supply and value chains will also be analyzed.
| PROJECT DETAILS | ||
|
Commitment Date Funding Type Country Sector Status Total Cost |
7 Dec 2022 Technical Assistance Regional Energy Ongoing $2 million | |
| KEY OUTPUTS |
Preparation of SASEC country-specific and regional market studies on green fuel development Green fuel development solutions designed Regional development strategies and road maps on green fuel supply chain systems developed Improved awareness of and knowledge sharing on green fuel development |
| FINANCING |
$2 million (Japan Fund for Prosperous and Resilient Asia and the Pacific) |
Contact the SASEC Secretariat at:
sasec@adb.org