The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
NEW DELHI: The International Solar Alliance (ISA) - India's brainchild which was launched jointly with France in Paris on November 30, 2015 - will come into force on Wednesday. Its first chief, the interim director general Upendra Tripathy, in an interview to Vishwa Mohan explained how it'll help in increasing …
LAHORE: Punjab government and Asian Development Bank on Saturday agreed to enhance cooperation in energy sector, as the ADB would set up solar energy projects under public-private partnership in Punjab. It was agreed in meeting between Punjab Chief Minister Muhammad Shahbaz Sharif and the ADB Bank delegation here at Model …
Sri Lanka could slash its greenhouse gas (GHG) emissions by 19 percent of projected levels in 2020 at little or no long-term cost using an array of green power options, a new study from the Asian Development Bank (ADB) showed. “Sri Lanka has the potential to avoid emissions of over …
The Asian Development Bank on Wednesday unveiled a two-year $2.5billion lending programme for around two dozen development projects in Pakistan. ADB’s Pakistan Director Werner E Liepach said the ADB would not provide financial help to Pakistan to finance the budgetary deficit. Interacting with the media here, Liepach said the ADB …
A Memorandum of Understanding (MoU), was signed between Punjab government and Asian Development Bank, under public-private partnership, for the promotion of cooperation in energy sector on Wednesday. Under the MoU, collaboration would be made in energy-related projects for alternate water, coal and other energy sources. Secretary Energy signed the MoU …
International aid for health may be in billions of dollars, but it is a fraction of what most recipient country governments spend on healthcare for their people. For instance, the $775 million that India got as development assistance in health (DAH) in 2010, though not a small amount by any …
Assam’s Computerisation of Registration (Panjeeyan) Project has earned laurels for the state. The Project has won the prestigious Gold Icon National Award by the Union department of administrative reforms and public grievances for 2012-13. The state-wide Computerisation of Registration (Panjeeyan) Project in Assam was implemented by the revenue and disaster …
Asia’s ability to keep food prices in check and ensure long-term regional food security will require the region’s farm to market supply chains to become more efficient and cost-effective, says a new Asian Development Bank study. The Study titled ‘The Quiet Revolution in Staple Food Value Chains: Enter the Dragon, …
Asian Development Bank has pulled out of the much-talked Padma bridge project after the government wrote to the World Bank withdrawing its request for funding. The World Bank was the main financier of the $2.9 billion project and the ADB was a co-financier, alongside Japan International Cooperation Agency and Islamic …
Besides this Norwegian support, ADB will help with USD 25-30M Energy+ Cooperation Partnership To support the country’s efforts towards increasing access to sustainable energy and reduce greenhouse gas emissions, Norway has resolved to contribute Norwegian Kroner 100M (USD 17M) for the next five years. This comes after the country, probably …
Losses due to natural disasters have risen faster than Asia-Pacific’s economy has expanded, says a new report by the Asian Development Bank (ADB). The report, ‘Investing in Resilience – Ensuring a Disaster-Resistant Future’, urged the region’s Governments to offer disaster risk financing instruments, such as calamity funds, tax credits and …
The Union Government on Thursday signed an agreement for a $100-million loan with Asian Development Bank (ADB) as the second tranche of Uttarakhand’s urban sector development investment programme. According to an official release here, the loan assistance will support rehabilitation and expansion of basic urban infrastructure in five major urban …
Asian Development Bank (ADB) today cautioned that worsening global financial situation will have severe consequences for emerging economies like India and China. "This global slump (in US, Euro area and Japan) will have a serious slump on the region's major economies, particularly on India and China" ADB President Haruhiko Kuroda …
The Khyber Pakhtunkhwa Government has planned Mass Transit System for Peshawar under technical assistance of Asian Development Bank (ADB) to provide quality transport service to people of the city. KPK Minister for Transport, Information and Inter Provincial Coordination, Mian Iftikhar Hussain said while talking to media at a press conference …
Unable to find a concrete solution to curb the recurring fatal road accidents, which have claimed 4,500 lives in the last four years, the Roads and Buildings (R&B;) Department has decided to approach the Asian Development Bank (ADB) for improving the conditions of roads in hilly areas of the state. …
France will provide $45 million for the construction of a 20-kilometre bus route between Gazipur and Hazrat Shahjalal International Airport in Dhaka, for enhanced road connectivity. The project will cost $255 million, of which the Asian Development Bank will provide $160 million and the Bangladesh government will provide the rest, …
The Council of Common Interests (CCI) approved on Wednesday a new 600MW power project at Jamshoro. The plant will use a mix of imported and Thar coal and will be set up with a $900 million loan from the Asian Development Bank. A meeting of the CCI presided over by …
The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved 'School Feeding Programmes in Poverty Stricken Areas' project incorporating the provision of supplying nutritious food among 2.64 million primary school children involving Tk 1,578 crore, reports UNB. The approval was given at an Ecnec meeting held at the …
PHE, ERA to be implementing agencies JAMMU: Rs 600 crore ambitious water supply scheme for Jammu is on anvil and the Summary Appraisal Report (SAR) of it is under process. According to highly placed sources, under the new scheme, the piped water from river Chenab will be brought to Jammu …
The Asian Development Bank has extended a $275 million loan to China to help its bus operators shift their fleets to cleaner fuel, a move that is seen to reduce the growing air pollution in Chinese cities. The Manila-based lender said Tuesday that the loan will be given to five …
