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 Policy Brief 2020: Advancing SDG7 in Asia and the Pacific was prepared by ESCAP in collaboration with the Asian Development Bank and the custodian agencies for the SDG 7 indicators. The Policy Brief provides the review at the progress achieved to date in the Asia-Pacific region towards global energy …
This publication provides updated economic forecasts for Asia and the Pacific, taking into consideration the impact of coronavirus disease (COVID-19). Developing Asia is now projected to grow by only 0.1% in 2020, which would be the lowest regional growth outcome since 1961. Contraction is expected in all subregions except in …
As this report is published, the world grapples with the COVID-19 pandemic. Even before it hit, the Asia-Pacific region was progressing too slowly on delivering the Sustainable Development Goals (SDGs). Prospects for success will be influenced by the region’s response and recovery strategies. Transformative approaches that will also address the …
The report highlights key milestones of 2019—the first full year of implementation of the bank’s long-term corporate strategy, Strategy 2030. It sets out how ADB has been providing finance, knowledge, and other expertise as it works to help achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific. The …
The Asian Development Bank (ADB) has released the 13th annual performance report of its corporate results framework, the Development Effectiveness Review, a management tool that monitors performance and progress during 2019. The report focuses on progress achieved against 60 corporate performance indicators. In 2019, ADB made a strong start on …
Globally, India is the third largest solar market and has the fourth highest installed wind power capacity According to a report by the India Brand Equity Foundation (IBEF), the country's renewable energy sector attracted foreign direct investments (FDI) worth $7.48 billion between April 2000 and December 2018. The IBEF report …
Nine out of 10 people breathe polluted air, according to the World Health Organization (WHO), a problem that impacts more cities in Asia than anywhere else in the world. Over the past year, the number of patients treated each day in the hospital unit where cardiologist Ade Imasanti Sapardan works …
Heritage city to get clean and safe drinking water under Rs 699-crore project, all major roads to be revamped The Punjab Chief Minister (CM), Capt Amarinder Singh, announced a slew of infrastructure projects of over Rs 150 crore for the development of Patiala on Saturday. The CM also announced that …
The High Court has refused to stay transfer of forest land to an Asian Development Bank-funded hydro-power project in Kinnaur district being executed by Himachal Pradesh Power Corporation Limited. However, local residents, activists and environmental groups, who are opposing the project, said the court order for the 130-MW Integrated Kashang …
The Asian Development Bank (ADB) and the Government of Bangladesh today (Sunday) signed agreements for $200 million in loans to improve the rural road network in Bangladesh. Monowar Ahmed, Secretary, Economic Relations Division (ERD), and Manmohan Parkash, Country Director, ADB, signed the agreements on behalf of Bangladesh and ADB, respectively, …
The Asian Development Bank (ADB) has approved a $500 million emergency assistance loan to support the Government of Indonesia's recovery and rehabilitation of Lombok and Central Sulawesi after recent disasters claimed thousands of lives and destroyed infrastructure, property, and livelihoods. The loan will provide immediate funding for the government's recovery …
Asian Development Bank (ADB) has approved USD 620 million loan to boost irrigation projects in Madhya Pradesh and supply clean water in West Bengal. ADB inked USD 375 million loan agreement with the Madhya Pradesh government that will be used to contribute to double farming income by expanding irrigation networks …
A fleet of 17 new low-emission and high-tech buses started operation in Nepal's Kathmandu on Tuesday to help reduce congestion and pollution in the capital. The initiative is part of the Kathmandu Sustainable Urban Transport Project of the Asian Development Bank (ADB), which is promoting the use of low-emission vehicles …
Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of $35.2 billion in 2017, up 28 per cent on the previous year. The MDBs’ latest joint report on climate financing said $27.9 billion, or 79 per cent of the 2017 total, was devoted …
The Asian Development Bank's (ADB) Board of Directors has approved a loan of 130 million U.S. dollars to help Mongolia improve public health and reduce air pollution in its capital city, local media reported Tuesday. The loan was approved on March 23, according to the news website ikon.mn. Ulan Bator, …
The Electricity Act, 2003 is the overarching policy of India that governs country's electricity sector India should expand provisions under its electricity policy to facilitate cross-border power trade among SAARC nations as South Asia has poor electricity access, an Asian Development Bank report said. The Asian Development Bank (ADB) said …
ADB India funding to focus on energy efficiency and distribution India is likely to achieve the self declared Sustainable Development Goal of lowering fossil fuel share in the energy mix earlier than committed according to Secretary, Ministry of Power, Ajay Kumar Bhalla. Speaking at the launch of a project partnership …
Major portion of GEF financing would come from Asian Development Bank; 5 cities to get global help for cooling, heating systems Global Environment Facility (GEF), with Energy Efficiency Services (EESL), have launched a revolving fund for three efficiency areas. EESL, under the ministry of power, is a joint venture of …
The National Green Tribunal is headed by Chairperson Justice Swatanter Kumar. The function, to be held at Mavalankar Auditorium and Manekshaw Centre, will be inaugurated by Vice-President Venkaiah Naidu and presided by Chief Justice of India Dipak Misra The National Green Tribunal will hold a two-day world conference on environment …
Fourth Partner Energy, a distributed solar company and a full service renewable energy service company (Resco), expects to close this year with a turnover of ₹250-300 crore, and take it up to over ₹1,000 crore by 2020. The company said in a statement it will implement about 10 MW of …
