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. […]
ADB to Support Mongolia in Expanding Solar Power and Grid Stability through Landmark Solar and Battery Storage Project – EQ
In Short : The Asian Development Bank (ADB) is supporting Mongolia with a landmark solar and battery storage project to boost clean energy and grid stability. Featuring a 125 MW battery system designed for extreme cold, the initiative will cut coal dependence, reduce emissions, and enhance energy security—marking a major step toward Mongolia’s renewable and […]
ADB Approves $460 Million Loan to Support Agricultural Solarization in India – EQ
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 […]