The new Asian Development Bank (ADB) Energy Policy, approved in October 2021, guides ADB's energy sector operations to support energy access improvement and low-carbon transition in Asia and the Pacific. It is consistent with ADB's Strategy 2030, the Sustainable Development Goals, and the Paris Agreement on climate change and anchored on five principles: (i) securing energy for a prosperous and inclusive Asia and the Pacific; (ii) building a sustainable and resilient energy future; (iii) supporting institutions, private sector participation, and good governance; (iv) promoting regional cooperation and integration; and (v) maximizing development impact through integrated cross-sector operations.