In Short : In 2024, the Asian Development Bank (ADB) deployed nearly $40 billion to boost development across Asia and the Pacific. The funding supports climate action, infrastructure, health, education, and digital transformation. It also enhances private sector investment and regional cooperation, while aiding post-pandemic recovery and disaster resilience, reflecting ADB’s commitment to sustainable and […]
Ukraine targets initial $40 billion for ‘Green Marshall Plan’ – EQ Mag
LONDON : War-torn Ukraine is seeking up to $40 billion to fund the first part of a “Green Marshall Plan” to rebuild its economy, a senior Ukrainian government official told Reuters ahead of a summit this week. Politicians and financiers will discuss the country’s short-term funding issues as well as look at long-term reconstruction efforts […]
South Korea to Spend $40 Billion on World’s Biggest Floating Wind Farm
Just three months after the South Korean government announced it was building the world’s biggest offshore wind farm, it has now announced a new ambition: to build the world’s largest floating offshore wind farm. According to reports in Hong Kong newspaper The South China Morning Post, the new wind farm will cost $US32 billion ($A40 […]
Jigar Shah Has $40 Billion. What Will He Do With It?
This week on The Interchange: Jigar’s plan to accelerate climate tech with the power of government. The US Department of Energy’s Loan Programs Office might be the most talked about — and yet least understood — part of the federal government’s efforts to support climate tech. It has already invested more than $35 billion in […]
