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 […]
In Short : The Ministers of the Central Asia Regional Economic Cooperation (CAREC) have endorsed a comprehensive Climate Change Action Plan and 2030 Strategic Priorities to address regional climate challenges. The plan focuses on climate adaptation, renewable energy, and sustainable development. Additionally, a Regional Climate Fund was launched to support climate resilience projects and facilitate […]
ASTANA, KAZAKHSTAN : The Asian Development Bank (ADB) will help Kazakhstan convert its climate commitments into supporting investments and scale up access to global climate finance, the bank’s president said in a meeting with Kazakhstan President Kassym-Jomart Tokayev this week. “We recognize Kazakhstan’s significant climate change financing needs, including the need to crowd in private […]