In Short : The Asian Development Bank (ADB) has partnered with ten global insurers to mobilize up to \$2.75 billion for sustainable infrastructure projects in Asia and the Pacific. By utilizing credit insurance to share loan credit risk, ADB aims to enhance lending capacity, promote climate resilience, and support inclusive growth through private sector participation, […]
In Short : The Central Electricity Authority (CEA) has urged states to leverage private capital for a $107 billion expansion of the transmission grid. This initiative aims to strengthen and modernize the grid infrastructure to support the growing demand for electricity and the integration of renewable energy sources. By involving private investment, the CEA seeks […]
The challenge of achieving the Sustainable Development Goals (SDGs) by 2030 is becoming more difficult—and more costly. Asia and the Pacific, like other regions, is lagging on SDG progress. UNESCAP now says that at this rate the SDGs won’t be achieved until 2065. To halt this trend, trillions of dollars in extra development finance is […]