Asian Development Bank (ADB)

State of the Climate in Asia 2024

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 …

State gets ADB loan worth $123 million

The Asian Development Bank (ADB) will provide a soft-loan worth $123 million to improve Karnataka

India offered lead role in TAPI gas pipeline

New Delhi, Dec. 14: Turkmenistan has offered India a lead role in the international consortia that will build a $7.6 billion pipeline to transport natural gas from the former Soviet republic to its South Asian neighbours. The offer was made by Turkmenistan President Mr Gurbanguly Berdimuhamedov when Indian oil minister …

Rural households habitations to get 24-hour power supply from Jan,2013

Power cuts in rural households are going to be thing of past in next couple of years in Madhya Pradesh. In deference to the desire of the Chief Minister Shri Shivraj Singh Chouhan from January 1,2013 onward all the feeders in residential habitations in rural areas would start getting 24- …

Equitable water for all

THE Asian Development Bank (ADB) on November 17 announced its decision to invest US $20 million in a private equity fund for water related infrastructure. While the bank is not new to such deals, it is the first time it has invested in an equity fund like this. The Asian …

$19m for conserving Cambodian forests

The Asian Development Bank (ADB) has approved to provide $19million to Cambodia for conserving threatened forests in the Cardamom Mountains and north-eastern provinces, according to a bank release on December 13. ADB's board of directors approved a total package of $69m of which $30m is a loan to Vietnam, and …

$120m ADB loan to improve urban planning services

The government is contemplating an overhaul of urban planning and infrastructure in two of its biggest city regions-Dhaka and Khulna-where services have struggled to keep up with booming populations. Asian Development Bank (ADB) came up with a loan of $ 120 million to supplement the government's efforts in this regard, …

ADB to give Bihar $300 m more to upgrade roads

Indronil Roychowdhury Bihar, the state where NHAI project manager Satyendra Dubey was killed for whistle blowing on road mafias, has built roads in the state at the cost of $420 million in collaboration with the Asian Development Bank. ADB also plans to release $300 million this month to bring another …

ADB to lend $300 m more for road development in Bihar

ASIAN Development Bank, or ADB, is ready to channel a fresh $300 million loan to Bihar for developing state roads which were one of the keys to Nitish Kumar

Poverty reduction steps create positive impact on environment: Experts

Several measures to reduce poverty create a positive impact on environment management, said many of the climate experts and economists at a major brain storming session organised by the Asian Development Bank (ADB) along with 14 development partners. Experts debated the linkage of poverty with climate issues to come up …

ADBs $20.1m grant to farmers

The board of directors of the Asian Development Bank (ADB) has approved a grant of US$ 20.1 million for the Raising Incomes of Small and Medium Farmers Project. The project will support nearly 900 farmer groups in 10 districts in western Nepal. The ADB said in a statement that the …

NTPC signs JV with ADB, Kyuden for 500 Mw of renewable energy

State-run power company NTPC has set up a joint venture with the Asian Development Bank and Japan

NTPC inks deal for renewable power

STATE-OWNED power generator NTPC, Asian Development Bank (ADB) and Kyuden International Corporation (Kyushu) of Japan have signed a joint venture agreement to develop renewable power project in the country, reviving an old alliance that fell apart last year after the global financial meltdown. The joint venture will set up 500 …

Sri Lanka must prepare now to deal with climate change impacts - ADB

The Sri Lankan Ministry of Environment with assistance of the Asian Development Bank (ADB) on Tuesday unveiled a draft National Climate Change Adaptation Strategy that should help the South Asian nation meet and overcome the massive challenge of climate change. Speaking at the workshop in Colombo to discuss the climate …

Lanka gets ADB help to cope with climate change

Sri Lanka has drafted a national strategy for climate change adaptation with the support of the Asian Development Bank (ADB), a statement issued by the ADB said. The ADB, working with the Ministry of Environment, has given technical assistance for a new framework to enable Sri Lanka

ADB averse to sharing information

THE Asian Development Bank (ADB) that supports infrastructure projects in Asia and the Pacific region is finalising its new public communication policy. It faces a tough challenge: ensuring access to information to communities affected by the projects it funds. To meet this challenge, the bank will have to do away …

Orissa becoming a dry State?

BHUBANESWAR: In the midst of a raging controversy over water diversion for industry, Orissa’s woes are going to worsen. Its rivers will provide for less as the water stress grows in future. If that is not all, the rising pollution will add to its misery, the latest report on water …

ADB, World Bank assess Pak flood damage at $9.7 billion

The floods, that swept across Pakistan since July, has caused an estimated $9.7 billion damage to infrastructure, farms, homes, as well as other direct and indirect losses, the Asian Development Bank (ADB) and the World Bank (WB) have said. The estimate was presented in the Damage and Needs Assessment (DNA), …

Asia facing worsening water crisis: ADB

Asian countries, including India, are facing a worsening water crisis that threatens to curtail food production while taking an increasingly heavy toll on the region's economies, the Asian Development Bank said today. Governments, industries and people around the region urgently need to stop wasting so much of the precious resource …

Broadening the basket

Indian agriculture is already increasingly demand-driven. This will accelerate in future. More than two decades ago, we argued that agricultural diversification in India was basically driven by higher growth and domestic demand. The major impact of faster income growth was on domestic demand, leading a process of demand diversification in …

Goa in Phase II of ADB coastal erosion project

The Asian Development Bank, which will lend up to $250 million (about Rs1,124 crore) for the protection of the coastline in Goa, Karnataka and Maharashtra, as part of a Sustainable Coastal Protection and Management Investment Programme, has agreed to release the first tranche of the loan

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