In Short : The Asian Development Bank (ADB) has invested 41 million Georgian lari as an anchor investor in Georgia’s first sustainability-linked lari bonds issued by Tegeta Holding. Listed on the Tbilisi Stock Exchange, the bonds aim to support sustainable transport initiatives by financing low-emission vehicle fleets and improving environmental, social, and governance performance, linking […]
ADB Approves $650 Million Loan to Accelerate Rooftop Solar Adoption in India – EQ
In Short : The Asian Development Bank’s approval of a $650 million loan is set to significantly boost rooftop solar adoption across India. The funding will support expanded financing for households, MSMEs, and commercial users, making solar installations more accessible and affordable. By accelerating clean energy deployment, the initiative will help reduce carbon emissions, strengthen […]
ADB Supports Green Port and Shipping Development in Anhui Province, PRC – EQ
In Short : ADB is supporting the development of green and low-carbon port and shipping infrastructure in Anhui Province, PRC. The project includes modernizing ports, promoting clean-energy vessels, improving logistics efficiency, and reducing environmental impact. It aims to strengthen sustainable transport corridors and contribute to China’s broader climate and carbon-neutrality goals. In Detail : BEIJING, […]
ADB Approves $846 Million Loan to Boost Skills and Employability in India – EQ
In Short : The Asian Development Bank (ADB) has approved an $846 million loan to strengthen India’s skill development ecosystem. The funding aims to enhance vocational training quality, expand access to modern skill programs, and improve employability for youth and workers. It will support upgrading training institutions, integrating industry-relevant curriculum, and increasing opportunities in key […]
ADB Funds $50 Million Program to Boost Cambodia’s Financial Stability and Digital Infrastructure – EQ
In Short : The Asian Development Bank has approved a $50 million program to strengthen Cambodia’s financial stability and expand digital infrastructure. The initiative supports reforms to improve financial resilience, enhance digital governance, and promote secure, technology-enabled public services. It aims to boost economic competitiveness, widen financial inclusion, and help Cambodia build a more modern, […]
ADB and Kyrgyz Republic Set New Financing Framework, Advance Green and Resilient Projects – EQ
In Short : The Asian Development Bank and the Kyrgyz Republic have agreed on a new financing framework to accelerate green, resilient, and inclusive development. The partnership will support climate adaptation, sustainable infrastructure, and improved public services. ADB aims to strengthen economic stability while helping the country expand clean energy, upgrade key sectors, and build […]
ADB Announces $10 Billion Support to Deepen Regional Cooperation in CAREC – EQ
In Short : The Asian Development Bank has announced a $10-billion commitment to strengthen regional cooperation under the CAREC program. The funding will support transport connectivity, energy security, trade facilitation, and economic resilience across member countries. ADB aims to accelerate sustainable development through deeper collaboration, improved infrastructure, and coordinated policy reforms, boosting long-term stability and […]
ADB Approves $330 Million to Expand Clean Energy Transmission in Pakistan – EQ
In Short : The Asian Development Bank has approved a $330 million loan to expand Pakistan’s clean energy transmission network. The funding will help upgrade infrastructure, improve grid stability, and support the integration of more renewable energy into the national system. The project aims to reduce reliance on fossil fuels, enhance energy security, and accelerate […]
ADB Boosts Indonesia’s Clean Energy Transition – EQ
In Short : The Asian Development Bank is strengthening Indonesia’s clean energy transition by supporting renewable projects, grid modernization, and energy efficiency initiatives. ADB aims to help Indonesia reduce coal dependence and accelerate its shift to sustainable power systems. The collaboration focuses on climate financing, private sector participation, and long-term strategies to meet the country’s […]
ADB Reiterates Support to Advancing Geothermal Electricity Generation in Indonesia – EQ
In Short : The Asian Development Bank (ADB) has reaffirmed its support for advancing geothermal electricity generation in Indonesia. As part of its clean energy strategy, ADB aims to help the country harness its vast geothermal potential to reduce emissions, diversify energy sources, and achieve its net-zero goals while ensuring sustainable and inclusive economic growth. […]