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 government’s ambitious plan of achieving 100 GW of solar capacity by 2022 has managed to enthuse foreign financial institutions to commit nearly $5 billion so far to the country’s solar mission. German bank Kreditanstalt fur Wiederaufbau (KfW) has turned out to be the biggest lender with a commitment of …
Drawing on the Asian Development Bank’s experience installing the rooftop solar photovoltaic system at its headquarters, the Handbook for Rooftop Solar Development in Asia hopes to demystify the process of developing solar photovoltaic projects in urban areas. The handbook provides detailed descriptions and guidance for all stages of development, including …
Taking a long-term view on development of water resources, the Chhattisgarh Government is ready with a Master Plan for development of rivers and other water bodies till the year 2025, officials stated. To minimise the gap between developed irrigation capacity and actual irrigation capacity, old irrigation schemes are to be …
DHAKA : The Cabinet Purchase Committee on Wednesday approved five proposals, including the Bhairab River Re-excavation Project in Meherpur to be implemented by Dockyard and Engineering Works Ltd, a company run by Bangladesh Navy, reports UNB. A meeting of the Cabinet body, chaired by Finance Minister AMA Muhith, gave nod …
Despite the Central government team’s valuation of the damage caused by Cyclone hudhud being Rs 680 crore, Andhra Pradesh will get the Rs 1,000 crore from the Centre. Prime Minister Narendra Modi had announced that AP would get Rs 1,000 crore relief when he visited Visakhapatnam after Cyclone Hudhud hit …
KATHMANDU: The Asian Development Bank (ADB) has agreed to provide a loan assistance of SDR 38.921 million (equivalent to Rs 5.78 billion) and grant assistance of $1.3 million (equivalent to Rs 127.40 million) to the government for implementation of the Third Small Town Water Supply and Sanitation Project in Nepal. …
Monday, November 24, 2014 - Lahore—Nestlé Pakistan has signed a Memorandum of Understanding (MoU) with World Wildlife Fund (WWF)-Pakistan for sustainable water use and water stewardship. The agreement was signed by Magdi Batato, Nestlé Pakistan’s Managing Director and Hammad Naqi Khan, Director General, WWF-Pakistan. Pakistan is one of the most …
Nov 24, Colombo: The Asian Development Bank (ADB) has agreed to loan US$ 150 million as a the first tranche for the project of implementation of Green Power Development and Energy Efficiency Improvement Investment in Sri Lanka, the Finance and Planning Ministry said in a media release. The government says …
Firm is latest in line of cos entering renewable energy sector The Tata group's renewable energy arm is in talks to invest in a wind energy firm, revving up deal activity in a sector that has lured General Electric, Goldman Sachs and the Asian Development Bank, as the company seeks …
Akay Flavours & Aromatics, one of the leading Indian spice producers will receive Asian Development Bank (ADB) assistance of $16.5 million to expand its business, invest in climate-resilient farming technologies, and open up income opportunities for thousands of poor farmers in India and Cambodia (Link: http://adb.org/news/cambodia/adb-investment-spice-industry-support-jobs-climate-resilient-farming-0) Akay (Link: http://www.akay-group.com/Default.aspx) produces …
Nov 01, Colombo: The Sri Lankan government has recognized the need to enhance the power sector capacity to cater to demand of the emerging economic activities as the country's energy sector struggles to meet growing demand for electricity at a low cost and acceptable reliability rate. Accordingly, the state owned …
A loan agreement was signed by the Government of Sri Lanka with the French Development Agency (FDA) recently to obtain a loan of US$ 70 million (approximately Rs. 9,000 million) to finance the implementation of Ambatale Water Supply System Improvement and Energy Saving Project. A series of projects have been …
The government and Norway, Denmark, the Asian Development Bank (ADB) and the United Nations Development Programme (UNDP) on Wednesday signed a Framework Document for Energy+ Cooperation to contribute towards achieving sustainable energy for all in Nepal. The four donors extended their support to achieve the goal of providing universal access …
KARACHI: Asian Development Bank (ADB) has proposed $65 million loan for the 100 megawatt (MW) Gulpur Hydropower Project, which was being implemented on Build-Own-Operate-Transfer (Boot) basis in Kotli district Azad Kashmir. ADB has updated on its website the investment committee of ADB would approve the project’s financial assistance in the …
For years, people who worry about climate change have tried to persuade, cajole or scare governments into doing more to stop it. Nothing has made much difference. Carbon-dioxide emissions have risen relentlessly; in 2013 the level of carbon dioxide in the atmosphere increased at its fastest rate for 30 years. …
ISLAMABAD – Agreement of 59 kilometer Hassanabdal (Burhan)-Havelian Expressway (E-35) project worth $200 million was signed with Asian Development Bank (ADB) here on Wednesday. Prime Minister Nawaz Sharif witnessed the signing ceremony of the project at the Prime Minister’s House. ADB President Mr Takehiko Nakao was also present on the …
The world's six multilateral development banks promised on Thursday to do more to help emerging nations fight climate change as part of efforts to reinvigorate flagging work on a U.N. deal to limit temperature rises. In a statement before a Sept. 23 summit on global warming to be hosted by …
The Asian Development Bank (ADB) is to provide financial assistance to control landslide at Lampata of Babiyachour-5 in Myagdi district. A mission team under the leadership of ADB representative Laxmi Adhikari reached in the district one week ago to monitor the landslide agreed to provide financial assistance through DecentralisedRural Infrastructure …
Rice production in Bangladesh would mark a fall by 1.6 per cent in 2050 and 5.05 per cent in 2100 due to climate change, according to a recent report of the Asian Development Bank. Citing a study of Bangladesh Agriculture University, the newly released ADB report titled, ‘Assessing the Costs …
Asian Development Bank said on Wednesday it will provide up to $7-9 billion loan to India over the next three years to support infrastructure development in the country. “ADB's operations for India will maintain high level of lending, amounting to a total of $7-9 billion over the next three years,” …
