In Short : The Asian Development Bank (ADB) is set to contribute to reinforcing climate resilience in the Hindu Kush Himalayas, working towards enhancing the region’s capacity to withstand climate-related challenges and fostering sustainable development. In Detail : DUBAI, UNITED ARAB EMIRATES : The Asian Development Bank (ADB) today launched a new initiative to help […]
ADB Supports Climate-Resilient Power System Enhancement in Uttarakhand, India – EQ
In Short : The Asian Development Bank (ADB) is actively supporting the enhancement of a climate-resilient power system in Uttarakhand, India. This initiative focuses on strengthening infrastructure to withstand climate challenges, contributing to sustainable development in the region. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $200 million loan […]
ADB to Help Improve Ecosystem and Climate Resilience in Jiangxi, PRC – EQ
In Short : The Asian Development Bank (ADB) aims to support and improve ecosystem and climate resilience in Jiangxi, People’s Republic of China (PRC) through various interventions and projects. Here are some of the ways ADB is working to achieve this goal: In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved […]
ADB Supports Quality Health Services in Kiribati through Asian Development Fund Grant – EQ
In Short : ADB will work closely with the Ministry of Health and Medical Services in Kiribati to implement the project. The grant will be used to upgrade health facilities, procure medical equipment, and strengthen the capacity of health staff. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a grant […]
Elevated US Rates Push Up Bond Yields in Emerging East Asia – EQ
In Short : The impact of rising bond yields is particularly significant for countries with high levels of foreign debt denominated in US dollars. As the value of the dollar strengthens, these countries face increased debt burdens and may struggle to repay or refinance their debt. This can lead to financial instability and potentially even […]
ADB Approves $50 Million Loan to Deepen Cambodia’s Public Financial Management Reforms – EQ
In Short : The loan will assist the Royal Government of Cambodia in implementing reforms that aim to enhance fiscal sustainability, transparency, and accountability. By improving public financial management systems, the loan will contribute to more effective and efficient use of public resources, ultimately benefiting the country’s development outcomes. In Detail : PHNOM PENH, CAMBODIA […]
ADB Signs $125 Million Loan with L&T Finance to Support Access to Finance for Women, Farmers, and MSMEs in India – EQ
In Short : The loan will help L&T Finance expand its lending to these underserved sectors, including providing financing for agricultural activities, small businesses, and women entrepreneurs. This will in turn help promote inclusive and sustainable economic growth in the country. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) has signed a […]
ADB, Greenway Sign Deal to Channel Carbon Finance for Enhancing Improved Cookstove Usage in Rural India
In Short : ADB’s involvement in this project highlights their commitment to promoting sustainable and low-carbon solutions. By providing financial support and technical expertise, ADB will play a crucial role in driving the adoption of improved cookstoves, which will reduce harmful emissions and improve the health and well-being of rural households. In Detail : NEW […]
ADB Project to Help Strengthen Climate Resilience and Livelihoods in Huanggang, PRC – EQ
In Short : ADB’s expertise in sustainable development and innovative solutions will undoubtedly make a positive impact on the region. They’ll focus on implementing climate-resilient infrastructure, promoting sustainable agriculture practices, and enhancing the capacity of local communities to adapt to changing climate patterns. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) has […]
ADB, Gobi Sign Sustainability Linked Loan to Support Climate-Resilient Cashmere Value Chain in Mongolia – EQ
In Short : ADB will help Gobi to advance gender equity and women’s empowerment in its operations. Key milestones include ensuring that at least half of new operations staff are women; providing training opportunities to female staff; dedicating nearly half of Gobi’s training outreach to women herders; encouraging female herders to join herder groups promoting […]