ADB Renews MoU with IEA

Published on July 11, 2020
Current Context: Asian Development Bank (ADB) has renewed MOU with International Energy Agency (IEA).
ADB Renews MoU with IEA
  • The MoU is renewed with the aim to further increase the collaboration on sustainability with a focus on energy sector resilience in Asia and the Pacific as this sector is a key promoter of growth and human development, especially during recovery from the impacts of the coronavirus pandemic.
  • The MoU will pave the way to overcome unique knowledge and bridge the experience gap that prevents the development of sustainable energy systems in ADB’s developing member countries and enhance IEA’s data collection and capacity building efforts in Asia and the Pacific.
  • Static Part: 
    • HQ of ADB: Mandaluyong, Philippines
    • President of ADB: Masatsugu Asakawa
    • HQ of IEA: Paris, France

Question: 

Q.1 Who has renewed MoU with International Energy Agency (IEA) with an aim to focus on enhancing energy sector resilience in Asia and the Pacific?
a. AIIB
b. Asian Development Bank
c. IMF
d. New Development Bank

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