In Short : Asian Development Bank (ADB) has approved a US $460 million results-based loan to support agricultural solarization in India’s Maharashtra. The programme will upgrade rural distribution networks, install battery storage and decentralised solar for farming irrigation, aim to provide daytime electricity to about 900,000 agricultural consumers by 2028 and reduce over 3 million […]
ADB, Partners Sign Deal to Build Landmark Solar with Battery Power Plants in Uzbekistan, Largest in Central Asia – EQ
In Short : The Asian Development Bank (ADB) and Masdar have signed a $46.5 million deal to build the 250 MW Nur Bukhara Solar and Battery Storage Project in Uzbekistan—the largest in Central Asia. Featuring a 126 MWh BESS, it will generate 555 GWh annually, powering 55,000 homes and marking the region’s first utility-scale solar […]
ADB Invests in STEM for Youth Empowerment in Uzbekistan – EQ
In Short : The Asian Development Bank (ADB) has invested in promoting STEM education in Uzbekistan to empower youth with future-ready skills. This initiative focuses on enhancing science, technology, engineering, and mathematics learning, particularly for young women. ADB aims to bridge the skills gap, foster innovation, and support Uzbekistan’s vision for a knowledge-based, inclusive, and […]
Independent Evaluation Urges Strategic Shift in ADB’s Engagement with Kazakhstan – EQ
In Short : An independent evaluation has called for a strategic shift in the Asian Development Bank’s (ADB) engagement with Kazakhstan. The report recommends focusing on green growth, innovation, and private sector partnerships. It highlights the need for sustainable development strategies that align with Kazakhstan’s economic diversification goals and evolving regional dynamics to enhance long-term […]
ADB Supports Indonesia’s Efforts to Strengthen Competitiveness, Green Growth, and Trade Acceleration – EQ
In Short : The Asian Development Bank (ADB) has approved a US $500 million policy-based loan to Indonesia under the *Competitiveness, Industrial Modernization, and Trade Acceleration (CITA) Program – Subprogram 3*. The funding aims to enhance Indonesia’s global competitiveness, promote green and inclusive industrial growth, reduce trade barriers, and support local and women-owned enterprises in […]
ADB President Strengthens Partnership with Canada during Visit, Explores Opportunities for Private Sector Engagement – EQ
In Short : Asian Development Bank (ADB) President Masatsugu Asakawa strengthened the bank’s partnership with Canada during his official visit, focusing on sustainable development and private sector collaboration. The discussions highlighted joint efforts in clean energy, climate resilience, and infrastructure investment across Asia and the Pacific. The partnership aims to mobilize private capital to drive […]
ADB President Calls for New Pact to Deliver Clean Energy, Collective Action to Reinvent Ports – EQ
In Short : ADB President has called for a new global pact to accelerate clean energy adoption and reinvent ports for sustainability. Emphasizing collective action, he urged nations to invest in innovation, renewable power, and green infrastructure. The initiative aims to decarbonize maritime trade, enhance energy security, and build climate-resilient economies through international cooperation and […]
ADB, Envoy Textiles Sign Its First Sustainability-Linked Loan Facility in Bangladesh – EQ
In Short : The Asian Development Bank (ADB) has partnered with Envoy Textiles to sign its first sustainability-linked loan facility in Bangladesh. The financing aims to promote environmentally friendly manufacturing, energy efficiency, and social responsibility in the textile sector. This milestone deal underscores ADB’s commitment to supporting sustainable industries and advancing green growth in Bangladesh’s […]
ADB Supports Batumi–Sarpi Road Construction in Georgia – EQ
In Short : The Asian Development Bank (ADB) is backing the Batumi–Sarpi road project in Georgia to strengthen connectivity and regional trade. The new road aims to ease congestion, improve transport safety, and support economic growth along the Black Sea corridor. This investment highlights ADB’s commitment to advancing infrastructure and promoting sustainable development in the […]
ADB $52 Million Project to Power Cambodia’s Renewable Energy Path – EQ
In Short : The Asian Development Bank (ADB) has approved a \$52 million project to accelerate Cambodia’s renewable energy journey. The initiative will focus on expanding solar power, strengthening grid infrastructure, and improving electricity access in underserved regions. Aimed at cutting carbon emissions and boosting sustainability, the project will support Cambodia’s long-term energy security and […]