MANILA, Philippines (AP) — The Asian Development Bank and two U.N. agencies launched a hub Wednesday to mobilize investments and innovation to bring clean energy to the Asia Pacific region, where more than 600 million people lack electricity and 1.8 billion use firewood and charcoal at home.

Energy demand is soaring in the region on the back of economic and population growth, and the ADB said that by 2035 developing countries in the region will account for 56 percent of global energy use, up from 34 percent in 2010. They will need more than $200 billion in energy investments by 2030.