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 …

ADB, Sri Lanka Sign $160m Loan Agreement To Fund Power Sector Development

The Government of Sri Lanka and the Asian Development Bank (ADB) signed a $160 million loan agreement yesterday for the development of the country

China slams ADB for funding India

In a move which can open up old wounds in India, China has come down heavily on Asian Development Bank (ADB) for approving a $2.9 billion loan to India which, it said, meant interference in the political affairs between the two countries. Beijing was earlier said to have opposed the …

ADB to double clean energy outlay to $2 bn

Chennai: The Asian Development Bank (ADB) will increase its clean energy investments to $2 billion a year from a previous target of $1 billion, in a bid to accelerate low carbon growth and reduce greenhouse gas emissions in the region. The new investment target is a part of ADB's Energy …

Asia's economic growth bolsters climate change: ADB

Asia's rapid economic growth in recent years has contributed significantly to climate change and environmental pollution, the head of the Asian Development Bank (ADB) warned on Tuesday. In response to this, "it is imperative that we escalate our efforts to put the region on a path of low-carbon growth," bank …

China says no but US, Japan help ADB clear Indias plan

New Delhi: Despite strong dissent from China, India scored a major diplomatic victory at the Asian Development Bank board meeting today as all other members voted in favour to grant approval for the $2.9-billion India plan. China had blocked a consensus because it contained $60-million watershed development projects in Arunachal …

Dignity In Cities

* The Planning Commission estimates the urban poor at some 80 million * Figure for the rural poor is 120 million * Over 98 million people migrate from rural to urban centres * The 42nd Indian Labour Conference recommended a scheme for tackling urban unemployment It is early days yet …

Govt, ADB panel for West Seti

The government and Asian Development Bank (ADB) jointly formed an Independent Panel of Experts (PoE) on Thursday to analyse the social and environmental aspects of the 750-MW West Seti Hydro Electricity Project, a reservoir type project to be built in the Far-western region. A statement issued by West Seti Hydro …

Diamer-Bhasha dam construction: govt decides to develop consensus on environmental impact

The Federal government has decided to take on board all the provinces and other stakeholders on the environmental impact of the construction of the Diamer-Bhasha dam. In this regard, Pakistan Environment Protection Agency (Pak-EPA) will conduct public hearings in the relevant provinces to develop consensus on environmental impact followed by …

Overview of civil society organizations in India

India has a long history of civil society based on the concepts of daana (giving) and seva (service). Voluntary organizations3

ADB calls for low-carbon transport systems

The Asian Development Bank today called on its Asian government borrowers to design mass transport systems in a way that would slow the rapid growth of their greenhouse gas emissions. While developed countries still account for the largest share, transport sector emissions from developing countries, particularly in Asia, were growing …

Upgradation of drainage, sewerage systems in Kolkata may cost Rs 20,000 cr

The work on improving the drainage and sewerage systems in Kolkata may cost around Rs 20,000 crore, though in phases, according to Mr Alapan Bandopadhyay, Commissioner, Kolkata Municipal Corporation (KMC). Loan awaited Addressing an interactive session, organised by the Indian Chamber of Commerce here on Friday, Mr Bandopadhyay said,

Civic body to earn Rs 27 cr from trading of carbon credits

Mumbai The closure of the 25-year-old dumping ground measuring 19.6 hectares at the Gorai creek in Borivli has earned the Brihanmumbai Municipal Corporation (BMC) Rs 27 crore by trading of an estimated 31,033 tonnes of carbon credits a year. The Asian Development Bank (ADB) has agreed to purchase the carbon …

Asia Coral Protection Pact Seen As Important Step

A commitment by six Asia-Pacific nations to protect a huge swathe of ecologically rich coral reef is an important step, although the pact is non-binding and key details still need to thrashed out, conservationists said. Indonesia, Malaysia, East Timor, the Philippines, Papua New Guinea and the Solomon Islands border a …

City reports highest number of leakage & pipeline breaks

AHMEDABAD: This should be a wake up call for Amdavadis. The city with 98 per cent of domestic water connections, also reports the fourth highest number of leakage and pipeline breaks in the country at 25,000 a year. As per the Asian Development Bank (ADB) report, Ahmedabad's domestic water connection …

Water supply@24x7 soon!

AHMEDABAD: The Amdavadi dream for round-the-clock water supply may be realised soon. But, it will come at a price. The new west zone with areas like Bodakdev, Thaltej, Vastrapur, Nikol, Narol, Odhav, Ghatlodia, Jodhpurgam, Chandlodia happens to be the first one of the city that have been earmarked to have …

Foreign aid to provide electricity to North and East

The Iran Aid Project, Asian Development Bank, International Co-operative agency and NORAD have granted loans for the provision of projects to provide electricity to the villages in the North and East under the concept of providing electricity to the villages islandwide, the Power and Energy Ministry said. Aid has been …

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