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Asia needs to decouple economic growth from carbon emissions, says ADB
Updated : 2 years, 2 months ago IST
According to the Asian Development Bank (ADB), the pressing need for this transformation is underscored by the diversity of economic statuses within the region, ranging from high-income nations to emerging economies, each grappling with distinct challenges.
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ADB approves USD 166 mln package for urban infra in Nepal
Updated : 2 years, 3 months ago IST
The Asian Development Bank (ADB) has approved a USD 166 million financing package to boost the local economy in Nepal by building climate- and disaster-resilient cities.
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ADB appoints Takeo Konishi to spearhead South Asia development initiatives
Updated : 2 years, 3 months ago IST
In addition to his role as Director General, Konishi will concurrently serve as the Country Director for India, a position he has held since September 2020.
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ADB's USD 200 million boost for clean India: Loan to enhance waste managem
Updated : 2 years, 3 months ago IST
According to ADB, this initiative committed to making all cities garbage-free by 2026, aims to introduce international best practices, integrate new technologies, and adopt climate- and disaster-resilient approaches in municipal solid waste management.
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Uttarakhand CM Dhami expresses gratitude towards Centre for provision of U
Updated : 2 years, 3 months ago IST
Uttarakhand Chief Minister Pushkar Singh Dhami expressed gratitude to the Union Finance Minister Nirmala Sitharaman over the provision of a loan facility of 200 million dollars by the Asian Development Bank (ADB) for strengthening the electricity system and power transmission of Uttarakhand
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ADB to extend USD 2000 million loan to strengthen power supply infrastruct
Updated : 2 years, 3 months ago IST
The Government of India and the Asian Development Bank have signed an agreement to avail a 200 million-dollar loan from the Asian Development Bank (ADB) to improve the quality, efficiency, and reliability of power supply in the state of Uttarakhand.
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JICA commits USD 1.5 billion to ADB's LEAP 2 fund for Asia-Pacific infrast
Updated : 2 years, 3 months ago IST
According to ADB, JICA will infuse the fund with capital up to USD 1.5 billion, aiming to co-finance crucial infrastructure projects in the region.
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Asian Development Bank injects USD 250 million to boost India's industrial
Updated : 2 years, 3 months ago IST
According to ADB, the financial support from ADB aligns with the National Industrial Corridor Development Program (NICDP) initiated by the Government of India in 2016, later updated in 2020 for enhanced planning and management of industrial economic clusters. ADB's infusion of funds bolsters
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ADB launches pioneering climate action catalyst fund to drive decarbonisat
Updated : 2 years, 3 months ago IST
According to ADB, Positioned as a trailblazing carbon fund under the Paris Agreement, the CACF aims to mobilize innovative carbon finance through the acquisition of carbon credits, intending to spur investments in transformative mitigation actions across ADB's developing member countries (DM
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ADB approves USD 98 mln loan to support India's horticulture farmers
Updated : 2 years, 3 months ago IST
The Asian Development Bank (ADB) has approved a USD 98 million loan to improve India's horticulture crop farmers' access to certified disease-free planting materials, thus safeguarding them from climate impacts.
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USD 175 million loan agreement signed with ADB to improve Madhya Pradesh r
Updated : 2 years, 3 months ago IST
The central government and the Asian Development Bank (ADB) signed a USD 175 million loan to improve the connectivity and resilience of roads in Madhya Pradesh.
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ADB approves USD 200 million boost to enhance water supply and sanitation
Updated : 2 years, 3 months ago IST
According to ADB, the move aims to extend access to reliable water supply and upgrade sanitation facilities in Uttarakhand, India.
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