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ADB to Scale Up Operations in PNG by $1 Billion with Renewed Development Partnership Strategy

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The Asian Development Bank (ADB) has endorsed a new country partnership strategy (CPS) for Papua New Guinea (PNG) covering 2021–2025. A blueprint for ADB’s operations in PNG, the new CPS focuses on developing the transport and energy sectors; reforming state-owned enterprises; promoting private sector development and investment; and assisting the government in achieving their development

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Green Finance Recovery Mechanisms Needed to Meet Infrastructure Financing Gap in Southeast Asia — ADB

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A new book by the Asian Development Bank (ADB) urges policy makers in Southeast Asia to use green and innovative financing approaches to help catalyze the estimated $3.1 trillion investments required for climate-adjusted infrastructure in the region by 2030. These investments from both public and private sources would be critical to the region’s economic recovery

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ADB Approves First Sector Development Program in Georgia to Support Sustainable Water Supply and Sanitation Services

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The Asian Development Bank (ADB) today approved $150 million (in euro equivalent) in loans to improve water supply and sanitation services in Georgia and help the government craft an integrated approach to the sector’s development. Under the Sustainable Water Supply and Sanitation Sector Development Program, ADB will provide a $130 million policy-based loan and a

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