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 …
Manila: The Asian Development Bank raised its growth forecasts for developing economies in Asia on Tuesday, but warned against any hasty withdrawal of stimulus packages, saying they were needed to ensure a solid recovery. It also cautioned governments that restricting the capital flooding Asia's emerging economies carried risks,suggesting that allowing …
The state environment department has issued a set of guidelines for construction activities to combat air pollution. The rules, to be effective from January 1, 2010, will apply to all builders, contractors and infrastructure developers, in private and public sectors. Those violating the norms will be penalised. A senior environment …
The Asian Development Bank (ADB) on its November 16 meeting has sanctioned a 89.50 million US dollar project for improving connectivity and infrastructure in the Indian subcontinent consisting areas of India, Bangladesh and Nepal to promote nature and culture-based tourism. Of the total cost of US $89.50 million, US $28 …
This study describes the areas of focus for the ADB Pacific Department's operations, identifies key gaps between country and ADB actions, as well as opportunities for scaling up ADB's assistance related to mitigation, adaptation and associated crosscutting needs. The CCIP will evolve through periodic updates to effectively guide ongoing and …
With the ADB set to sanction a loan of US $200 million for rural electrification, the abysmal power scenario in the State can be expected to undergo some improvement. While the State
The Netherlands Development Organisation (SNV-Nepal) in association with the Asian Development Bank (ADB) is organising a three-day international Bio-gas conference in Kathmandu from Nov.10. The objective of the conference is to exchange knowledge and experiences between practitioners, experts and policy makers on the dissemination of domestic biogas plants. "It conference …
Managing a country's limited resources for development purposes is not exactly taught even in the world's best B-schools. It comes with years of ground experience and foresight. Not so for India, which is neither endowed with rich resources, nor has it, like many countries, learnt to use its resources to …
The Government has planned to provide safe drinking water to 100 percent of the urban population, 90 percent of the rural and 80 percent in the estate sector by 2016. Similarly, improved sanitation facilities are to be provided to 95 percent of the urban population, 85 percent of rural and …
Two loans and one technical assistance totalling over US$130 million of the Asian Development Bank (ADB) are expected to improve the public and health services in urban areas of the country. ADB's Board of Directors recently approved the Bangladesh Urban Public and Environmental Health Sector Development Programme that composes two …
In a landmark for carbon financing in India, the BMC on Tuesday earned Rs 26 crore for the scientific closure of its Gorai dumping ground. The cheque from the Asian Development Bank is an advance for future delivery of carbon credits. Carbon credits were devised under the clean development mechanism …
The Asian Development Bank (ADB) today revised its growth forecast for India from 5 per cent for the current fiscal to 6 per cent. ADB gave an upward forecast citing increase in public spending, quicker than expected return of capital inflows, stronger industrial production, and improved business confidence as the …
The Asian Development Bank (ADB) and the Netherland Government have provided Rs. 2480 million to rehabilitate tsunami affected costal areas of the Southern Province. Under this project 176 roads in Galle, 125 roads in Matara and 178 roads in Hanbantota districts have been completed, the Nation Building Ministry said. Nation …
The Asian Development Bank (ADB) is extending $780 million to the country through a multi-tranche financing facility for energy efficiency projects that will help cater to the country
The Asian Development Bank (ADB) is extending $780 million to Pakistan through a multi-tranche financing facility for priority energy efficiency projects that will secure the country's growing energy needs and reduce its reliance on costly, polluting fossil fuels, said Bayanjargal Byambasaikhan, energy specialist with ADB's Central and West Asia Department. …