Monday 28 November 2022

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ADB: €193m for Heilongjiang environmental improvement

The Asian Development Bank (ADB) has approved a $193 million loan for environmental improvement and low-carbon development in Heilongjiang, China. 

ADB president warns of four global risks

Asian Development Banks’s Masatsugu Asakawa warns that China’s slowdown, global financial instability, Russia’s invasion of Ukraine, and the threat of new Covid variants are serious threats to Asia’s economic recovery and development. 

ADB warns climate displacements already rising

The Asian Development Bank (ADB) has warned that the last decade already saw 225 million people displaced by natural disasters and climate events, and the decades ahead will be worse. 

ADB managing director general: Water security needs action

Asia and the Pacific must greatly expand its efforts to address water security and resilience needs, says Asian Development Bank's (ADB) Woochong Um.

ADB: $96m for sanitation and water in Himachal Pradesh

The Asian Development Bank (ADB) has approved a $96.3 million loan to provide safe drinking water and improve water supply and sanitation services of Himachal Pradesh, India.

Multilateral development banks top aid transparency rankings

The 2022 Aid Transparency Index reports a gradual improvement across many organisations as it names the AfDB, World Bank, ADB and IDB the most transparent. 

ADB president demands larger and faster green transition

Asia and the Pacific is responsible for over 50% of global greenhouse gas emissions and has many of the most severely affected small island nations and vulnerable populations. 

ADB launches UK-ADB fund and report into green recovery value

A green recovery from the COVID-19 pandemic in Southeast Asia could generate $172bn annually and more than 30 million jobs by 2030, as the ADB and UK accelerate green project funding.

Thailand: First ever social bond raises $295m

The first ever social bond issued through a state-owned financial institution under ASEAN standards. Proceeds to finance poverty alleviation.

ADB approves $4.3bn for new Manila-Calamba railway

ADB's largest ever Asia and Pacific investment will offer fast public transport, ease road traffic congestion and reduce Philippines' greenhouse gas emissions.
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