In Short : “ADB operations reach $23.6 billion in 2023, achieving a record in climate finance, signaling a significant commitment to addressing climate change and promoting sustainable development in the Asia-Pacific region.” In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) committed $23.6 billion from its own resources in 2023, including $9.8 billion […]
ADB, Buskowitz Sign $12 Million Deal for Commercial and Industrial Rooftop Solar in the Philippines – EQ
In Short : “ADB and Buskowitz sign a $12 million deal to promote commercial and industrial rooftop solar projects in the Philippines, aiming to accelerate the adoption of renewable energy and foster sustainable development in the region.” In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) and Buskowitz Solar Inc., a subsidiary of […]
Multilateral Development Banks Deepen Collaboration to Deliver as a System – EQ
In Short : Multilateral Development Banks (MDBs) are intensifying their collaboration efforts to operate more cohesively and effectively as a unified system. This strategic move aims to maximize their collective impact on global development initiatives. In Detail : WASHINGTON, DC : The leaders of 10 multilateral development banks (MDBs) today announced joint steps to work […]
ADB Readies ASEAN Climate Finance Policy Platform – EQ
In Short : ADB prepares to launch the ASEAN Climate Finance Policy Platform, aimed at facilitating discussions and collaborations among ASEAN countries to address climate finance challenges and opportunities in the region. In Detail : LUANG PRABANG, LAO PEOPLE’S DEMOCRATIC REPUBLIC : The Asian Development Bank (ADB) plans to launch an ASEAN Climate Finance Policy […]
ADB, Indonesia Introduce Biodiversity Master Plan for Nusantara – EQ
In Short : ADB and Indonesia have collaborated to introduce a comprehensive Biodiversity Master Plan for the Nusantara region, aiming to safeguard and enhance the rich biodiversity of this ecologically significant area. In Detail : JAKARTA, INDONESIA : The Asian Development Bank (ADB) and the Government of Indonesia introduced the Biodiversity Master Plan for the […]
ADB Launches New 5-Year Partnership Strategy for the Lao PDR – EQ
In Short : The Asian Development Bank (ADB) has initiated a new 5-year partnership strategy for the Lao People’s Democratic Republic (PDR). In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) has launched a new country partnership strategy for the Lao People’s Democratic Republic (Lao PDR), covering the period 2024–2028. The strategy aims […]
Sustainable Bond Market Posts Strong Growth in ASEAN+3 Economies – EQ
In Short : The sustainable bond market demonstrates significant growth across ASEAN+3 nations, indicating a strong commitment to environmental and social responsibility in financing initiatives. In Detail : MANILA, PHILIPPINES : The sustainable bond market of member economies of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (PRC), Japan, and the […]
ADB Approves $100 Million Loan to Support SMEs in Sri Lanka – EQ
In Short : The Asian Development Bank (ADB) sanctions a $100 million loan to bolster support for Small and Medium Enterprises (SMEs) in Sri Lanka, aiming to foster economic growth and resilience within the country’s business landscape. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $100 million loan to […]
ADB Supports Climate-Resilient Water Management in Bangladesh – EQ
In Short : The Asian Development Bank (ADB) is providing support for climate-resilient water management in Bangladesh. This initiative aims to address the challenges posed by climate change on water resources in the country. By investing in climate-resilient infrastructure and water management systems, Bangladesh can better adapt to changing environmental conditions, ensure water security, and […]
ADB, iSON Sign Deal to Enhance Digital Connectivity in the Philippines – EQ
In Short : The Asian Development Bank (ADB) has signed a deal with iSON Group to enhance digital connectivity in the Philippines. This partnership likely aims to improve digital infrastructure, promote connectivity, and foster economic development in the country through advanced digital solutions. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) and […]