In Short : The Asian Development Bank and Japan launched the ADB Market Acceleration Platform (AMAP) with an initial \$20 million to boost private sector investment in Asia and the Pacific. AMAP will support policy reforms, build investment pipelines, and de-risk projects in key sectors like clean energy, infrastructure, and digital services, focusing on frontier […]
In Short : A recent ADB-IDMC report reveals that natural disasters are now causing more displacements than armed conflicts. This trend highlights the growing vulnerability of populations to climate-related events like floods and droughts. The report urges enhanced disaster preparedness, sustainable development practices, and global cooperation to address displacement’s root causes and better support affected […]
INCHEON, REPUBLIC OF KOREA : The Asian Development Bank (ADB) and the Private Infrastructure Development Group (PIDG) have signed a memorandum of understanding for cooperation on early-stage, private sector infrastructure investments in Asia and the Pacific. Early-stage projects are characterized by significant risks, upfront costs, and time on project preparation to advance them to a […]