Search For "development bank"
COP28: Multilateral development banks publish first common principles for
Updated : 2 years, 3 months ago IST
The common principles aim to increase nature-positive finance by mainstreaming nature in MDB operations and investments in a systematic manner.
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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 launches initiative to bolster women's resilience to heat stress in As
Updated : 2 years, 3 months ago IST
The new technical assistance program will delve into the repercussions of rising temperatures, identifying policies, actions, and investments that can alleviate the disproportionate impacts on women and girls.
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ADB launches USD 2 billion nature solutions finance hub at COP28
Updated : 2 years, 3 months ago IST
ADB President Masatsugu Asakawa highlighted the significance of nature as a crucial carbon sink, with ecosystems absorbing approximately 55 per cent of carbon dioxide emissions.
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Multilateral Development Banks unlock over $180 billion worth of climate f
Updated : 2 years, 3 months ago IST
Multilateral Development Banks (MDBs) joined together at the COP28 climate summit in Dubai to commit to ambitious climate action and unlock over US$180 billion in climate finance.
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ADB launches nature solutions finance hub for Asia-Pacific with USD 2 bill
Updated : 2 years, 3 months ago IST
As per ADB, this initiative, focused on capital markets and private capital sources, aligns with ADB's commitment to combat climate change and protect the region's biodiversity.
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MDBs unite for urgent climate action: Unprecedented commitments at COP28 t
Updated : 2 years, 3 months ago IST
The MDB statement said, "The window of opportunity to secure a liveable and sustainable future for all is rapidly closing. Recognizing the interlinkages between the triple planetary crises of climate, nature, and pollution, achieving the Sustainable Development Goals, the goals of the Paris
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ADB unleashes USD 200 million power overhaul for Uttarakhand's climate-res
Updated : 2 years, 3 months ago IST
According to a release by ADB, the project hailed as a key step towards Uttarakhand's goal of providing uninterrupted power and transitioning to clean energy, received acclaim from ADB Senior Energy Specialist Jaimes Kolantharaj.
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