ADB clears $500m loan for Indonesia's energy transition efforts

ADB clears $500m loan for Indonesia's energy transition efforts

File photo: A worker walks past inside the Asian Development Bank (ADB) headquarters in Manila June 17, 2009. REUTERS/Cheryl Ravelo

The Asian Development Bank (ADB) said on Friday it has approved a $500 million policy-based loan to Indonesia to fund a program designed to help its energy transition efforts.