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 will implement two separate projects for riverbank protection and strengthening climate resilience and disaster preparedness in eight coastal towns with credit support from the Asian Development Bank (ADB). Total cost of the projects has been estimated at $425.7 million (Tk. 3,277.89 crore). The Manila-based lender in a statement …
The SCF loan will have a 40-year term, including a grace period of 10 years, and an annual service charge of 0.10% Asian Development Bank has provided $82m in loans and $12m in grants to protect coastal towns from the ravages of natural disasters and climate change. Climate change and …
The Asian Development Bank (ADB) announced today the establishment of a new trust fund to support the adoption of advanced low-carbon technologies in its developing member countries (DMCs), with a grant of 1.8 billion (about $17.65 million) from the Government of Japan. The Minister of the Environment of Japan Nobuteru …
The Japanese government will provide 1.8 billion yen ($17.6 million) for a new trust fund set up by the Asian Development Bank to promote low-carbon technologies in the region. The fund will provide grant finance to reduce the cost of advanced technologies such as those related to waste-to-energy programs and …
ISLAMABAD : The Government has initiated eight small to medium hydro-power projects under the Renewable Energy Development Sector Investment Programme with the support of the Asian Development Bank. Official sources told Radio Pakistan that these projects are being implemented with an estimated cost of $290 million.
Chengdu, a key hub in southwestern China, is the most livable city on the Chinese mainland, according to a recent report by the Asian Development Bank. The research is based on an evaluation system called the Environmental Livability Index, which factors in the quality of urban aquatic environments, water resources, …
A ‘Sustainable Energy for All’ hub for Asia and Pacific was launched on Wednesday aimed at mobilising investment and finding innovative ways to bring clean, modern energy to people in the region. With the creation of the hub, the United Nations Decade of Sustainable Energy for All (SE4ALL) was formally …
KATHMANDU: The Asian Development Bank (ADB) handed over its pilot project on wind-solar hybrid energy system at Dhaubadi village of Nawalparasi district to the state-owned Alternative Energy Promotion Centre (AEPC) amidst a function held here today. A transfer document was signed by Yongping Zhai, director of the ADB’s Energy Division, …
The Asian Development Bank (ADB) will help Myanmar develop renewable energy under a three-year project until 2017, according to an official statement published on Wednesday, reports BSS. The project worth of 2.2 million U.S. dollars, aims to generate power to 25 off-grid villages in Myanmar and will include logistics such …
The Japanese government on Wednesday formally agreed to grant a concessional loan of Rs5 billion to Pakistan for supporting the energy sector reforms. This loan is provided as part of a joint programme to support the energy sector reforms which is co-financed by the Asian Development Bank (ADB) and the …
Nepal Academy of Science and Technology (Nast) launched Climate Change Research Grant Programme in cooperation with the Asian Development Bank on Friday. Nast will distribute USD 500,000 as a grant for researchers as a part of the programme. The 33-month long programme aims to find the causes of climate change …
The Asian Development Bank (ADB) has assured Bangladesh government of financing at least one mega coal-fired power project at Moheshkhali in Cox’s Bazar, a senior official said. “The ADB country programme mission primarily agreed to finance a coal-fired power project at Moheshkhali in Cox’s Bazar,” the official told daily sun …
Agreements related to different irrigation projects worth over nine billion rupees have been signed after the formation of the incumbent government. The Government of Nepal and the World Bank on March 24, 2014 signed an agreement equivalent to Rs 5.57 billion for implementing the Irrigation and Water Resource Management Project. …
The ADB loan is meant for cyclone insulated infrastructure for transmission and distribution of electricity in the coastal zone The Odisha government will take the nod of its Cabinet and obtain FRBM (Fiscal Responsibility & Budget Management) clearance from the department of expenditure, Government of India, to avail loan from …
Bangladesh has become a top hot spot for renewable energy jobs, creating a green workforce as large as Spain’s in 2013, according to a report of the International Renewable Energy Agency (IRENA). In a country where only 47 percent of the population had access to electricity in 2009, according to …
The Khyber Pakhtunkhwa government has accelerated work on Peshawar Rapid Mass Transit System to ease the traffic pressure on the main thoroughfares in the provincial metropolis. The government has initiated feasibility process of the project after completion of its pre-feasibility phase. The road corridor-II via Chamkani, GT Road, Sonehri Masjid …
Lack of transmission lines has been a major deterrent to potential local and foreign investors in the hydropower sector, prompting donors to help Nepal set up power lines by providing a massive cash infusion. The Asian Development Bank (ADB), European Investment Bank (EIB), Norway and Strategic Climate Fund are prepared …
The Asian Development Bank (ADB) is one of the major multilateral development partners of Sri Lanka with over 46 years of productive partnership. Since its establishment in 1966, the bank has approved a total of 166 loans, with cumulative lending of US$ 5.8 billion to Sri Lanka. In addition, ADB …
The state will invest over Rs 11,000 crore ( including external aid from ADB and Japanese financial institutions) over the next five years to strengthen the power transmission and distribution network and make it disaster resilient. Two of the total nine projects that have been lined up for this purpose …
Government of Pakistan and Asian Development Bank signed a loan agreement for $167.2 million for Power Distribution Enhancement Investment Programme (Tranche-4) at Economic Affairs Division on Wednesday. The loan agreement was signed by Nargis Sethi, Secretary, Economic Affairs Division and Werner E Liepach, Country Director-ADB. ADB is providing Ordinary Capital …
