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 …

Jhampir wind power project completed

The Asian Development Bank (ADB) funded 56.4MW Wind Power Project Jhampir will start generating electricity from next month as the implementing company has completed all necessary work in this regard. This is in addition to the project of Fauji Fertilizer Company Energy Limited (FFCEL) that is likely to become operational …

$9 lakh technical assistance grant deal signed with ADB

The government on Wednesday signed a technical assistance grant agreement of $9 lakh with the Asian Development Bank and for improving the quality, delivery and climate resilience of basic urban services and infrastructure in the country’s coastal towns. The Japan government is financing the TA through the Japan Fund for …

Centre nod to climate action plan

The Centre has approved the state's plan to take immediate steps against climate change. It will be executed by the state government once the funds are released. The funding agency, however, is yet to be decided. A senior environment department official said that West Bengal was one of the few …

ADB loan in the offing for Jaipur Metro

The Jaipur Metro Rail Corporation will shortly obtain loan worth Rs.969 crore from the Asian Development Bank for completion of work on a portion of its corridor in the Walled City here. The first phase connecting the Mansarovar residential colony with Chandpole is likely to start by July next year. …

Asian nations need to make supply chains effective: ADB

Though modernisation of food chains has allowed farmers to have more control of their produce, the benefits are not always shared equally Major Asian countries which have a large agriculture sector need to make their farm-to-market supply chain more efficient and cost effective to keep food prices in check and …

Chhattisgarh gets $300-m ADB loan

The Asian Development Bank (ADB) would provide $300 million loan to the Chhattisgarh Government for overhauling over 900 km of roads by 2017. The project would include works such as expanding roads for two-laning, building new sections, construction and strengthening of culverts and bridges, ADB said in a statement on …

Handbook on poverty and social analysis

The Asian Development Bank (ADB) supports inclusive growth in the Asia and Pacific region by giving attention to the poverty impact and social dimensions of its operations. The Handbook on Poverty and Social Analysis: A Working Document contributes to this endeavor by providing practical guidance to ADB staff, government officers, …

Direct Transfer of Subsidy Helps Reduce Poverty: ADB

Just as the government embarks on a massive plan to deliver social benefits through direct cash transfers, a study by the Asian Development Bank has endorsed the devlivery mechanism saying it helps reduce poverty. In contrast the food and fuel subsidies, as provided by India, are prone to leakages, the …

Sri Lanka gets US$ 98 million from ADB to develop roads in the North

Sri Lanka has received an additional US$ 98 million loan from the Asian Development Bank (ADB) to develop the national and provincial roads in the country's war-torn North. The Finance and Planning Ministry said the additional financing will be used to rehabilitate 200 kilometers of 19 roads under the Northern …

Toxic smog shrouds New Delhi

New Delhi was on Wednesday enveloped in a cloud of toxic smog thought to be the worst occurrence of air pollution in a city long accustomed to dirty air, with the density of dust particles in some places reaching 30 times the guidelines set by the World Health Organisation. “Definitely …

ADB may fund project

Shillong, Nov. 2: The Asian Development Bank (ADB) has designed a loan for supporting human capital development in Meghalaya, following an advice from the department of economic affairs of the Union government. “The proposed project will improve the quality and delivery of secondary education (including teacher training) and skill development …

ADB grants USD 11 million for water resource mgmt facility

The Asian Development Bank ( ADB) has signed an agreement with the Ministry of Finance of Friday to provide a grant assistance of USD 11 million (around Rs. 946 million) to the Government of Nepal for the implementation of the Water Resource Project Preparatory facility. The main objective of the …

ADB grants Sri Lanka $ 300 million to revamp water and sewer systems in Colombo

The Asian Development Bank (ADB) said today it is providing $300 million in loans to overhaul the quality, coverage, and management of water and wastewater services in the Sri Lankan capital, Colombo. According to a press release issued by the ADB today, the multi-tranche financing facility approved by the ADB …

Delawas plant in Asian Development Bank's best projects list

JAIPUR: In a rare feat for Jaipur Municipal Corporation, the Sewage Treatment Plant at Delawas (STP) has been included in the Asian Development Bank (ADB) best practices projects list. To promote similar practices in other countries, ADB is now sending teams to study the model. The 125 million litre per …

USD138 million renewable energy project to commence in Maldives

Maldives Energy Authority today announced that a USD138 million renewable energy project that would generate 26megawatt electricity is set to be initiated. State Minister for Energy Abdul Matheen revealed that under the project which has been designed to be completed within five years, 16megawatt of electricity will be provided to …

Sri Lanka seeks additional ADB funding to complete water and sanitation project for dry zone

Oct 11, Colombo: Sri Lanka's Cabinet of ministers has given President Mahinda Rajapaksa in his capacity as the Minister of Finance and Planning approval to obtain a loan of US$ 40 million from the Asian Development Bank (ADB) to complete a water and sanitation project for dry zone. At the …

ADB lowers India's growth projection to 5.6%

Asian Development Bank (ADB) today lowered India's growth forecast for the current fiscal to 5.6 per cent, from 7 per cent projected earlier, citing falling global demand and impact of delayed monsoon on agricultural production. India, however, can reverse the trend of falling growth by promoting economic reforms and taking …

ADB to assist agriculture in Mannar

The Asian Development Bank will provide financial assistance for agricultural development in the Mannar district. “The ADB agreed to provide US $ 0.5 million for the project on Agriculture Minister Mahinda Yapa Abeywardane’s request,” an Agriculture Ministry official said. Agricultural machinery and farming material for 700 families in Vadathivu, Manthai, …

ADB cuts India's growth forecast to 5.6 pct for 2012

ASIA-ECONOMY-ADB:ADB cuts India's growth forecast to 5.6 pct for 2012 The Asian Development Bank cut most of its 2012 and 2013 growth estimates for developing Asia on Wednesday as a slump in global demand weighs on the region's powerhouses China and India and on its export-dependent economies. The Manila-based bank …

ADB's response to natural disasters and disaster risks

This evaluation study assesses ADB’s response to natural disasters and disaster risks, and explores ways to improve ADB operations in these areas. It distinguishes between two broad categories of disaster-related operations—those in disaster prevention and those in disaster recovery. The study calls for ADB to consider giving greater emphasis to …

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