Tag: Infrastructure investment
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.
IEA says solar supply chain is too concentrated in China
A new International Energy Agency (IEA) report welcomes Chinese investment in bringing down global solar power costs but warns of risks with more than 90% of some components produced only in China.
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.
Professional liability: Bespoke head contract obligations
In the second of a new series of articles, FIDIC president Tony Barry looks at the risks faced from bespoke head contracts in which liability derives from combinations and permutations of multiple clauses.
AfDB president calls on Europe to harness African energy
As EU nations return to coal amid concerns about Russian gas, Dr Akinwumi Adesina points out great energy opportunities in Africa if finance can be raised.
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.
EBRD approves new strategy for Kazakhstan
The European Bank for Reconstruction and Development (EBRD) has approved a new strategy for Kazakhstan, setting out the Bank’s priorities in the country for the next five years.
AfDB: $125m for Tanzanian water project
The African Development Bank and the Tanzanian government have signed a $125.2m loan agreement he Dodoma Resilient and Sustainable Water Development and Sanitation Program (Phase I).
What is the G7 infrastructure plan?
In 2021, G7 leaders announced plans to develop a collective global infrastructure plan. At their 2022 summit this weekend they set out some details of that $600bn programme.
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