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 …
Soaring food prices have hampered Asia's fight against poverty and some countries may need foreign aid to feed their hungry millions, the Asian Development Bank president said on Friday.
Power Grid Corporation of India Limited (PGCIL) will seek non-sovereign loans of around Rs. 1,600 crore each from the World Bank and the Asian Development Bank to fianance the expansion and modernisation programme, company Chairman and Managing Director R. P. Singh said here on Thursday. Addressing press persons, Mr. Singh …
Watershed management is critical to sustain the benefits from the development of small water storages or small dams in Barani Areas, said Asian Development Bank's experts. In a project review report on "Watershed Management Constraints in Barani Areas", Sedimentation Surveys of sample dams in the Pothowar region reveal that loss …
The Barani Integrated Water Resources Sector Project will be launched next fiscal year from July 2008, and it will be completed during 2014 by the Punjab Irrigation and Power Department (PIPD) with the financial assistance of the Asian Development Bank (ADB). According to update project investment plan, PIPD sources said …
ADB yet to notify Asia Energy Staff Correspondent Global Coal Management, owning company of Asia Energy, has yet to be notified of any decision by Asian Development Bank which was undertaking due diligence for possible investment in the project, said a press release on Tuesday. The lending agency's private sector …
ADB pulls out of Phulbari open pit mine project Tanim Ahmed The Asian Development Bank has decided to pull out of Asia Energy's proposed open pit coal mine project at Phulbari in Dinajpur. According to an email from Robert Bestani, director general of the ADB Private Sector Operations Department, the …
Federal government has agreed to continue to prepare short-term policy recommendations and awareness-building under ongoing new ADB financing project "Sustainable Energy Efficiency Development Programme". Under this programme, new government will further develop recommendations for removing the institutional bottlenecks to government-sponsored energy efficiency and conservation programmes and support mechanisms playing a …
Federal government has agreed to continue to prepare short-term policy recommendations and awareness-building under ongoing new ADB financing project "Sustainable Energy Efficiency Development Programme". Under this programme, new government will further develop recommendations for removing the institutional bottlenecks to government-sponsored energy efficiency and conservation programmes and support mechanisms playing a …
Sri Lankan government announce that it has launched a project funded by the Asian Development Bank to develop rural access roads and improve the livelihood of the rural masses. ADB funds were provided by the Japan Fund for Poverty Reduction. The project to be implemented in the Ratnapura, Badulla and …
THE government may allow multilateral funding agencies such as World Bank and Asian Development Bank (ADB) to directly extend debt to urban local bodies (ULB). At present, the grants are routed through the central government, which passes it to the states. The move is expected to provide an alternative portfolio …
The recent duty cuts by the government may have some impact on softening prices after a couple of weeks, the Asian Development Bank (ADB) said today, even as it expected inflationary pressure to persist for a few more months. In its Asia Development Outlook released today, ADB expected inflation to …
Asian growth is expected to cool in 2008, as the region grapples with a global downturn and soaring inflation expected to hit decadehigh levels, the Asian Development Bank said. Fast-rising rice and oil prices as well as a worldwide slowdown will have a strong impact, the Manila-based ADB said in …
While replying to a question in the Budget session of Assam Assembly on March 24, Chief Minister Tarun Gogoi acknowledged that the per capita burden of the State's public debt now comes to Rs 6,806 at current prices. It means that the loan burden for a family on an average …
Power Grid Corp, the country's largest power transmission utility, on Friday said it has signed agreements with World Bank and Asian Development Bank (ADB) for two loans of $600 million each for funding projects. The loan from ADB is a part of the bank's newly introduced multi-tranche financing facility (MFF), …
Only 35 per cent of the city is covered by sewerage lines and the poor wastewater system has become a major source of health hazards, reveals an official report obtained by Dawn. This situation exists when Rawalpindi is the only city in Punjab where no pumping is needed to run …
The Asian Development Bank (ADB) will provide $450 million for 'Punjab Irrigated Agricultural Development Sector Project (PIADSP)' from its Ordinary Capital Resources and Asian Development Fund during 2008-11, which is a major project that will require significant institutional change at the farmers, regional and provincial levels to enable the full …
Contrary to official claims, the World Bank and the Asian Development Bank (ADB) say that poverty has increased in Pakistan since 2004 and the new government should take the issue seriously. Sources told Dawn on Thursday that the banks planned to offer $600 million conditional funding to the new government …
The Centre for Environment and Development (CEAD) has expressed concern over the proposed closure of Asian Development Bank-backed Sindh Rural Development Project (SRDP), and said that it is unfortunate that the project is being terminated without implementation. Qalandar Shah, Nasir Ali Panhwar and other office-bearers of the CEAD, an NGO, …
Special Assistant to Chief Adviser for Power and Emergency Dr M Tamim yesterday said the government would seek 100 million US dollar from the Asian Development Bank for overall checkup of Titas gas field, where a well went off following a blowout. The Titas gas field, located in Brahmanbaria, is …
