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 …
The Asian Development Bank (ADB) has set up an Advisory Group of seven eminent persons to advise the ADB on how to strengthen its programs to meet the global challenge of climate change. The Advisory Group on Climate Change and Sustainable Development will help ADB Management consider innovative ways of …
Pakistan is currently spending as low as 15 dollars per capita per year on health from both domestic public and private sources and from international development assistance, says a new study published by the Asian Development Bank. The report,
Donor countries and international financial institutions (IFIs) have provided loans amounting to Rs 6.3 billion to Pakistan for different development projects in transport and communication sector during the current financial year 2008-09. Pakistan is still to receive $1.78 billion in terms of grants and loans for this sector from different …
More than 56,000 children in Asia will die as a result of the economic crisis gripping the world economy, according to the Asian Development Bank. The sliding growth rate will bring
About 55 villagers from Shella are fighting desperately to get back their ancestral land from cement giant Lafarge after these villagers claimed they were tricked by agents to sell their land. On behalf of these villagers, the Shella Action Committee (SAC) has filed a Public Interest Litigation (PIL) in the …
A lingering dispute between the Sindh government and City District Government Karachi (CDGK) may put the long-awaited Rs 500 million Benazir Transit CNG buses project in doldrums. According to sources, the two governments led by two coalition partners, PPP and MQM-backed Haq Parast Panel, have long been at odds over …
Asian Development Bank (ADB) Country Director Rune Stroem has advised the Government of Pakistan to isolate the debt overhang of the power sector to overcome the energy crisis. In his presentation on ADB's project perspective at the Pakistan Integrated Energy Modelling (Pak-IEM) Project, model workshop held in Islamabad on Monday, …
A lingering dispute between the Sindh government and City District Government Karachi (CDGK) may put the long-awaited Rs 500 million Benazir Transit CNG buses project in doldrums. According to sources, the two governments led by two coalition partners, PPP and MQM-backed Haq Parast Panel, have long been at odds over …
The Asian Development Bank (ADB) and Islamic Development Bank (IDB) have agreed to finance Diamer-Bhasha dam project, and the Planning Commission has asked the Economic Affairs Division (EAD) to formally request assistance from them. Sources said that the EAD has been informed that financing to the tune of $1 billion …
The economic impact of climate change on four of south-east Asia's biggest nations will be 2.5 times more severe than the global average by 2100 if carbon emissions continue at their current level, the Asian Development Bank warns in a new study. Annual losses incurred by Indonesia, the Philippines, Thailand …
The Asian Development Bank (ADB), in addition to its earlier commitments, is considering more funds for the construction of the Padma Bridge. The assurance came during a meeting between Communications Minister Syed Abul Hossain and an eight-member ADB delegation led by Director of South Asian Transport and Communications (SATC) Kazuhio …
Southeast Asia faces one of the world's highest climate change bills, the Asian Development Bank said on Monday, unless the region adapts to climate change and joins the rest of the world in cutting greenhouse gas emissions. The destructive effects of higher temperatures, rising seas and fierce storms are likely …
Southeast Asia is one of the world's most vulnerable regions to climate change and could face conflict over failing rice yields, lack of water and high economic costs, a major Asian Development Bank report shows. The region's economies could lose as much as 6.7 percent of combined gross domestic product …
THOMAS FULLER NEW YORK TIMES SERVICE The report focuses on Indonesia, the Philippines, Thailand, Singapore and Vietnam With diminished rice harvests, seawater seeping into aquifers and islands vanishing into rising oceans, Southeast Asia will be among the regions worst affected by global warming, according to a report scheduled for release …
With diminished rice harvests, seawater seeping into aquifers and islands vanishing into rising oceans, Southeast Asia will be among the regions seeing the worst effects of global warming, according to a report released Monday by the Asian Development Bank. The rise in sea levels may force the sprawling archipelago of …
The Government recently approved an ADB funded project to improve electricity services and support renewable energy. The ADB will provide a loan of US$ 164 million while counterpart funds from the Government of Sri Lanka would be an equivalent of US$ 24 million , LBO reported. Improvements will be made …
The Government recently approved an ADB funded project to improve electricity services and support renewable energy. The ADB will provide a loan of US$ 164 million while counterpart funds from the Government of Sri Lanka would be an equivalent of US$ 24 million , LBO reported. Improvements will be made …
Pakistan faces gas price issue with Turkmenistan regarding Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project as Turkmenistan has shown reluctance to export gas below $11.4 per million British thermal unit (MMBTU). Sources told Business Recorder that 10th steering committee meeting was held in April 2008 and Pakistan and India had offered a …
The Asian Development Bank (ADB) has promised to provide a grant assistance of $25.6 million to help restore economic activity in parts of Nepal devastated by last year's monsoon floods. More than 300,000 people living in the eastern and far western region of the country were seriously affected by the …
