The Asian Development Bank (ADB) has approved a $300 million loan to finance the construction of a 300-megawatt hydropower plant that will increase the share of clean energy in Pakistan and improve the country’s energy security.
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The Green Climate Fund (GCF) has allocated $300 million to support the Asian Development Bank's (ADB) efforts to help Southeast Asia shape a climate-resilient, environmentally sustainable economic recovery from the coronavirus disease (COVID-19) pandemic.
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The Green Climate Fund (GCF) has approved $175 million in funding for an Asian Development Bank (ADB) program to support the Government of Mongolia’s efforts to improve rangeland management and reduce climate vulnerability of its rural economy.
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The Asian Development Bank (ADB) has quadrupled its support for food systems development in the past decade from $409 million in 2010 to $1.2 billion in 2020 to help close the financing gap in ensuring food security.
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Policy challenges include the shift in financial intermediation away from traditional banks toward digital finance providers.
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Southeast Asian countries can benefit from investments in green infrastructure, digital transformation, big data, and revenue mobilization through tax reform as the region recovers from the coronavirus disease (COVID-19) pandemic, said Asian Development Bank (ADB) President Masatsugu Asakawa at the second Southeast Asia Development Symposium.
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The Philippines today became the first recipient of financing support under the Asian Development Bank’s (ADB) Asia Pacific Vaccine Access Facility (APVAX) with approval of a $400 million loan that will help the country purchase safe and effective vaccines against the coronavirus disease (COVID-19).
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The Asian Development Bank (ADB) has released a first batch of data as part of a new regional knowledge platform to guide sustainable transport development in Asia and the Pacific.
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The Asian Development Bank (ADB) priced a $2 billion 10-year global bond, proceeds of which will be part of ADB’s ordinary capital resources.
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The Asian Development Bank (ADB) and Japan’s Ministry of Economy, Trade and Industry (METI) have signed a memorandum of cooperation (MOC) to enhance their joint efforts to promote clean energy in Southeast Asia.
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