In Short : ADB and ENGIE SA will collaborate to construct a 400 MW solar power plant in Gujarat, India. This partnership aims to enhance the region’s renewable energy capacity and support India’s goals for sustainable power generation. In Detail : NEW DELHI, INDIA : The Asian Development Bank (ADB) and the ENGIE group have […]
ADB to Support Public Sector and Governance Policy Reforms in the Kyrgyz Republic – EQ
In Short : The Asian Development Bank (ADB) will support public sector and governance policy reforms in the Kyrgyz Republic. This initiative aims to enhance governance, improve public sector efficiency, and foster sustainable development in the region. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) is providing $50 million to support fiscal […]
ADB, Bogd Bank Partner to Provide Green Financing for Women-Owned MSMEs in Mongolia – EQ
In Short : ADB and Bogd Bank have partnered to provide green financing for women-owned MSMEs in Mongolia. This initiative aims to empower women entrepreneurs while promoting sustainable business practices and supporting the country’s green economic growth. In Detail : ULAANBAATAR, MONGOLIA : The Asian Development Bank (ADB) and Bogd Bank JSC have signed a […]
ADB, Ananta Group Sign Deal to Promote Energy-Efficient Fabric Manufacturing, Create Jobs in Bangladesh – EQ
In Short : The financing comprises a $20 million loan from ADB and a syndicated B-loan of $20 million from the ILX Fund, an Amsterdam-based emerging market asset manager focused on the Sustainable Development Goals, with ADB as lender of record. As the mandated lead arranger, ADB arranged and syndicated the financing package. In Detail […]
ADB Expands Support for Bhutan Fiscal Management and Green Growth – EQ
In Short : The Asian Development Bank (ADB) has expanded support for Bhutan’s fiscal management and green growth initiatives. This includes funding and technical assistance to enhance sustainable economic development, improve financial governance, and promote environmentally friendly practices. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $40 million policy-based […]
ADB Signs $50 Million Commitment to Accelerate Energy Transition in Asia and the Pacific – EQ
In Short : The Asian Development Bank (ADB) has committed $50 million to accelerate the energy transition in Asia and the Pacific. This investment aims to support renewable energy projects, enhance energy efficiency, and promote sustainable development in the region. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) signed a $50 million […]
ADB, Ireland, Samoa Partner to Strengthen Climate Change Resilience – EQ
In Short : The Asian Development Bank, Ireland, and Samoa are collaborating to enhance Samoa’s climate change resilience through improved infrastructure, sustainable practices, and community initiatives, aiming to protect ecosystems and support vulnerable communities for a more sustainable and stable future. In Detail : APIA, SAMOA : The Asian Development Bank (ADB) today approved a […]
ADB Supports Alternergy’s First Green Corporate Loan – EQ
In Short : The Asian Development Bank (ADB) is backing Alternergy with its first green corporate loan. This support aims to enhance Alternergy’s renewable energy projects, promoting sustainability and contributing to the transition to clean energy solutions. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) is supporting Alternergy Holdings Corporation (AHC), a […]
ADB, Masdar Sign Deal to Build Region’s First Solar Power Plant with Battery Energy Storage Facility in Uzbekistan – EQ
In Short : The Asian Development Bank (ADB) and Masdar have signed a deal to construct the region’s first solar power plant with a battery energy storage facility in Uzbekistan. This project marks a significant milestone in integrating renewable energy with storage solutions, enhancing energy reliability and sustainability in the region. In Detail : TASHKENT, […]
ADB approves $148 mn loan to improve power supply in Sikkim – EQ
In Short – The Asian Development Bank (ADB) has approved a $148 million loan to enhance the power supply in Sikkim, India. This funding will support the development of reliable and efficient electricity infrastructure, aiming to improve energy access and sustainability. The project includes upgrading transmission and distribution systems, which will contribute to economic growth […]