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 …

Bangladesh termed most vulnerable

Bangladesh is the world's most vulnerable country to climate change-related risk factors, according to a new Asian Development Bank (ADB) report released yesterday. “Asia and the Pacific have six of the world's 10 countries most vulnerable to climate change. Bangladesh tops this list, followed by India (2nd), Nepal (4th), the …

Asia climate disasters displace 42 million: ADB

BANGKOK: Climate-related disasters have displaced more than 42 million people in Asia over the past two years, the Asian Development Bank said Tuesday in a report calling for swift action to avert future crises. "Asia and the Pacific is the global area most prone to natural disasters, both in terms …

Assam to get $81million ADB loan

Guwahati: Multilateral agency Asian Development Bank will extend a $81 million loan to Assam under a scheme for providing piped drinking water to the city and other projects. An agreement to this effect was signed between ADB and the Assam government on Friday. The first tranche of Assam Urban Infrastructure …

5-MW capacity solar plant to be set up in Kaptai

As part of expanding solar power throughout the country the government has decided to set up a 5-MW solar power plant would at Kaptai to increased dependence on renewable energy to 10 percent of country's total power generation by 2020. The government is planning the move to reduce carbon emission …

Gandhinagar water to be metered soon

GANDHINAGAR: The state government is now preparing a final draft plan to install water meters in the state capital. The move came after the Gandhinagar Municipal Corporation (GMC) asked the state government to install water meters in the government quarters. Sources said that a study by Asian Development Bank has …

Govt plans to set up national water council

The government is working on setting up National Water Council (NWC) to launch a coordinated National Water Initiative for federal and provincial governments in areas of flood control, irrigation strategies, construction of dams and to ensure full cost recovery from water users. The NWC comprising provincial representatives and experts from …

$85 m from ADB for Maharashtra agri-infra project

The Maharashtra government has decided to launch a project with $85 million funding from the Asian Development Bank, which will augment the agriculture infrastructure in the State. The project is named Agribusiness Infrastructure Development Investment Program (AIDIP) and aims to achieve accelerated investment in agriculture sector and to support related …

Govt, ADB sign MoU for $ 50-mn loan

DIBRUGARH, Feb 27 — The Government of India and the Asian Development Bank (ADB) today signed an agreement for the third and final tranche of loan amounting to $ 50 million. This is the third and last tranche of the total $ 320.6 million MFF, out of which loan assistance …

India lagging behind: ADB

‘Country Not Faring Well On Millennium Development Goals’ New Delhi: India is not faring too well on achieving the Millennium Development Goals, a new report by the Asian Development Bank (ADB) has noted. Out of the 22 parameters that the ADB studied, it was found that India made appreciable improvement …

India raps UN report on CO2 emissions

India today lodged a strong protest with the UN for including absolute cuts in CO2 emissions and reduction in the use of ozone depleting substances among the Millennium Development Goals (MDGs) in a new assessment report launched here today. The report titled “Accelerating Equitable Achievement of the Millennium Development Goals: …

Asia-Pacific winning fight against poverty

The Asia-Pacific region has made great strides in reducing poverty and is moving fast towards other development goals, but levels of hunger, and child and maternal mortality are still high, according to a United Nations and Asian Development Bank (ADB) report released here today. The Asia-Pacific region has already reached …

Leakage, inefficient domestic water use: people likely to be vulnerable to water shortages: ADB report

Asian Development Bank (ADB) has said that people in Pakistan are likely to be particularly vulnerable to water shortages due to leakage, inefficient domestic water use, or underinvestment in providing access, especially in rural and slum areas. The Bank in its recent report titled 'Green Growth, Resources and Resilience: Environmental …

ADB loan helped corporation augment water supply

Until three years ago, several parts of the city received water only for a couple of hours a day, activists say. But the situation has improved now for different reasons. President of the Nagarika Hitarakshana Samithi G. Hanumanth Kamath told The Hindu that water supply and distribution had improved in …

Elders forum calls on CM, seeks early opening of Maheshar dam

The senior citizens’ forum, a forum of distinguished intellectuals of the city, apparently concerned over delay and denial of complete benefits of Narmada Phase III to the people of Indore and adjoining regions, has called upon the State Government to ensure early operationalisation of the now complete Maheshwar dam. They …

Ramesh chants rural development mantra

2200 gaon panchayats in Assam to be developed as ‘Nirmal Gaon’ in the next five years GUWAHATI: While setting the target, Union Rural Development Minister Jairam Ramesh told Chief Minister Tarun Gogoi and Panchayat and Rural Development Minister Rakibul Hussain to take steps to develop 2200 gaon panchayats in Assam …

JS passes bill to modernise transport system in Dhaka

The Jatiya Sangsad on Wednesday passed the Dhaka Transport Coordination Authority Bill seeking to modernise the transport system of Dhaka city and the adjoining districts that have been experiencing severe traffic congestion for quite a while. The bill brought the districts of Naryanganj, Munshiganj, Manikganj, Gazipur, and Narsingdi under the …

Almora officials rush to complete projects before financial year ends

As the current financial year is coming to an end, the Almora district administration has stressed on the need to complete all the pending developmental projects in time with proper utilisation of the allotted funds for them. Reviewing the progress of various developmental projects in the district, DS Garbyal, district …

IDA to provide $250 million to Punjab irrigated agriculture project

International Development Association (IDA) will provide dollars 250 million for Punjab Irrigated Agriculture Productivity Improvement Programme Project Phase-I, while local beneficiaries would bear dollars 173.5 million. According to an update project report of World Bank, the project's main objectives are to improve water productivity. Improved water productivity will translate into …

ADB sells second Water Bond

The Asian Development Bank (ADB) is selling its second Water Bond to Japanese investors to help finance its work in the water sector. The Water Bond, denominated in Turkish lira, will be issued in February. ADB will provide assistance in an amount at least equal to the net proceeds of …

ADB, Swiss govt to provide Rs 2.5 billion to Nepal for decentralization, poverty reduction

Asian Development bank (ADB) and Swiss government have agreed to provide US $ 25 million (18 million loan assistance and 7 million grant assistance) and 7.06 million grant assistance respectively (equivalent to Nrs 2.5 billion) to the Government of Nepal for the second phase of Decentralized Rural Infrastructure and Livelihood …

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