ADB to Help GMS Boost Biomass Use
The Bioenergy Site, July 11 2011
The ADB Board of Directors has approved a regional technical assistance project that will be funded by a $4 million grant from the Nordic Development Fund along with counterpart financing of $600,000 from the governments of Cambodia, Lao People’s Democratic Republic and Viet Nam.
ADB will administer the grant and carry out the project in the three countries. Biomass waste such as rice husks and animal manure is abundant in GMS countries but is not efficiently used as a source of clean energy or as fertilizer. At the same time, the growing practice of large-scale crop production for biofuel poses a threat to food security by reducing food production and forest land. The project will fund pilot investment projects to scale up biomass technologies such as household biogas systems, biochar kilns, and improved cooking stoves.
The project begins in July 2011 and ends by December 2014. The Nordic Development Fund is the joint multilateral development institution of Denmark, Finland, Iceland, Norway, and Sweden, providing grant finance for climate change interventions in developing countries.