ADB unveils $70 billion Asia-Pacific infrastructure plan

The Asian Development Bank announced a $70 billion program to expand energy and digital networks by 2035. The plan aims to boost regional power grid trade.

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The Asian Development Bank (ADB) launched a $70 billion infrastructure plan Sunday morning to expand energy and digital networks across Asia-Pacific through 2035. The initiative targets a 15% reduction in regional power-sector emissions by integrating 20 gigawatts of renewable energy across borders. This capital deployment aims to lower energy costs and create 4 million jobs through improved regional connectivity.

Scaling the Pan-Asia Power Grid

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