ADB commits $5 billion for ASEAN Power Grid
Asian Development Bank (ADB) has committed to mobilise $30 billion for the Association of Southeast Asian Nations (ASEAN) by 2030, including $5 billion dedicated to accelerating development of the ASEAN Power Grid. ADB President Masato Kanda announced the commitment during the 48th ASEAN Summit held in Cebu on May 8, 2026, where he participated as…