In Short : The Asian Development Bank President Masato Kanda has urged nations to embrace collective resilience amid rising global uncertainty. He highlighted geopolitical tensions, financial tightening, and supply disruptions as key risks. The call emphasizes stronger international cooperation, coordinated policies, and sustainable investments to help economies withstand shocks and secure long-term, stable, and inclusive […]
ADB Launches New Trust Fund to Accelerate Progress on ASEAN Power Grid – EQ
In Short : Asian Development Bank has launched a dedicated trust fund to accelerate the ASEAN Power Grid, aiming to expand cross-border transmission, enable regional electricity trade, and integrate renewable energy. The initiative will finance project preparation, technical assistance, and institutional capacity building while mobilizing public and private investments. The effort supports energy security, affordability, […]
ADB President Announces Up to $5.4 Billion in Planned Financing for Kazakhstan – EQ
In Short : The Asian Development Bank has announced up to $5.4 billion in planned financing for Kazakhstan between 2026 and 2029. The commitment, shared by ADB President Masato Kanda during discussions with President Kassym-Jomart Tokayev, will focus on infrastructure, regional connectivity, resilience, and economic diversification, strengthening the country’s long-term sustainable development strategy. In Detail […]
ADB Convenes First 2026 Meeting of Heads of MDBs Group as Chair – EQ
In Short : The Asian Development Bank has convened the first 2026 meeting of the Heads of Multilateral Development Banks (MDBs) Group as its new chair, setting priorities for stronger collaboration and collective action among major global development finance institutions. Leaders reaffirmed commitments to mobilizing capital, enhancing financing capacity, and addressing shared priorities like AI, […]
ADB President Pledges Support for Solomon Islands Development Goals in Meeting with Prime Minister – EQ
In Short : The President of the Asian Development Bank (ADB) met with the Prime Minister of the Solomon Islands to reaffirm ADB’s commitment to supporting the country’s development priorities. Discussions focused on strengthening economic resilience, infrastructure development, climate adaptation, and inclusive growth. The ADB President pledged continued financial and technical support to help the […]
ADB Supports Bhutan’s Trade Expansion and Diversification to Build a Competitive, Resilient Economy – EQ
In Short : The Asian Development Bank (ADB) has approved a USD 25 million financing package to assist the Royal Government of Bhutan in accelerating trade expansion and economic diversification. This support is aimed at strengthening Bhutan’s competitiveness, enhancing resilience against external shocks, and promoting inclusive growth through policy reforms, infrastructure improvements, and expanded access […]
ADB, GRE Sign $350 Million Deal to Accelerate Thailand’s Green Energy Transition – EQ
In Short : The Asian Development Bank (ADB) has signed a $350 million financing agreement with Gulf Renewable Energy (GRE) to support Thailand’s clean energy transition. The funding will develop large-scale solar power plants and battery energy storage systems, strengthening grid reliability and reducing carbon emissions while advancing Thailand’s net-zero ambitions. In Detail : BANGKOK, […]
ADB and TBC Bank Partner to Expand Financing for MSMEs in Georgia – EQ
In Short : The Asian Development Bank (ADB) has approved a GEL 270 million (~US $100 million) loan to TBC Bank to boost access to affordable, stable, and long-term financing for micro, small, and medium-sized enterprises (MSMEs) in Georgia. About 70% of funds will go to MSMEs, with specific quotas for women-led businesses (20%) and […]
ADB Launches High-Level Advisory Group at Davos to Drive Private Sector Development in Asia and the Pacific – EQ
In Short : The Asian Development Bank has launched a High-Level Advisory Group at the World Economic Forum in Davos to strengthen private sector engagement in Asia and the Pacific. Comprising global business and financial leaders, the group will advise ADB on mobilizing private capital, reducing investment risks, and scaling sustainable development projects across emerging […]
ADB, Masdar Sign $30 Million Deal to Boost Solar Energy, BESS Capacity in Uzbekistan – EQ
In Short : The Asian Development Bank (ADB) and Abu Dhabi-based Masdar have signed a US $30 million financing agreement to support the Guzar Solar and Battery Energy Storage System (BESS) project in Uzbekistan’s Kashkadarya region. The deal, part of a larger US $225 million renewable energy package, will expand a 300 MW solar plant […]