Monday 15 April 2024

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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.

ADB’s procurement head prioritises sustainability

Jeff Taylor sets out the huge extent of procurement around the world, the importance of sustainable procurement, and what the Asian Development Bank is doing about it.

ADB plans $18bn of policy-based lending

Asian Development Bank has raised its lending limit for 2022-2024 to $18bn as it responds to global crisis and climate change. 

ADB raises $4bn and forms ILX partnership

Asian Development Bank (ADB) issues three-year bond worth $3bn and a 10-year bond worth $1bn, and partners with ILX Management to scale up private sector climate investment. 
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