The ADB project is supporting the expansion of “green” bus services in the People’s Republic of China, an initiative that will benefit low-income commuters, improve air quality and reduce GHG emissions. The initiative is in line with the $175 billion commitment made at the June 2012 UN Conference on Sustainable Development (UNCSD, or Rio+20) by multilateral development banks to improve transport in developing countries between 2012 and 2022.
The Asian Development Bank (ADB) is supporting a five-year project to replace 100,000 gasoline-burning tricycles with energy efficient electric tricycles, or E-Trikes, in Metro Manilla and urban centers in the Philippines. The E-Trike project will reduce carbon dioxide emissions by approximately 260,0000 tons annually and contribute to improved air quality. The project will also avoid US$100 million in fuel import costs, which will reduce dependency on foreign oil imports and increase driver income.