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| Spotlight
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Towards Achieving MDGs In Asia-Pacific |
President Kuroda addressing the UN World Summit.
Photo: UN |
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Asia Is Key to Solving Global Poverty Challenge, President Kuroda Tells UN General Assembly
President Haruhiko Kuroda told the UN General Assembly on 16 September that, with two-thirds of the world’s poor residing in Asia and the Pacific, the MDGs could not be achieved unless they are also met in the Asia and Pacific region.
He explained that the region has made significant progress, but highlighted that “achieving all the MDGs by 2015 still requires massive investments in services and infrastructure to meet basic human needs”.
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Joint UNDP, UNESCAP, ADB Regional Millennium Development Goals (MDG) Report Launched: ”A Future Within Reach”
A Future Within Reach: Reshaping Institutions in a Region of Disparities to Meet the Millennium Development Goals in Asia and the Pacific was released by UNDP, UNESCAP and ADB ahead of the United Nations World Summit. Despite progress made, much still needs to be done to achieve the MDGs in Asia-Pacific by 2015.
Read the full report.
Multilaterals Must Be More Responsive to Developing Countries' Needs, Says President Kuroda at WB and IMF Annual Meetings
In Washington, DC for the World Bank and International Monetary Fund annual meetings, President Kuroda emphasized the need for deeper cooperation among development partners.
He also participated in the Clinton Global Consortium on Tsunami Recovery, and the G8 Summit Follow-up on Investing Framework for Clean Energy, and the Ministerial Meeting on Sustainable Development. |
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| Recent ADB Reports |
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Tsunami Assistance |
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For a regular update on ADB’s Tsunami assistance, please visit www.adb.org/tsunami.
Please see also:
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| In Brief |
Armenia Becomes 64th ADB Member
Membership became effective on 20 Sept 2005 upon completion of all formalities.
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Governments and Business to Do More to Fight Corruption, Conference Finds
Asia and Pacific governments and businesses need to tackle corruption more aggressively to reduce growing social inequality and sustain economic growth, as recommended during the 5th Regional OECD/ADB Anti-Corruption Conference for Asia and the Pacific held in Beijing on 28-30 September. |
ADB to Adopt New Financing Approaches to Better Respond to Development Needs
ADB has approved three pilot initiatives that will improve its business model by removing bottlenecks to respond better and more quickly to its clients.
The initiatives include new financing modalities (sub-sovereign lending, multi-tranche loans, risk sharing), local currency financing and a new approach to cost sharing. |
President Kuroda Announces Over $6.5 Billion in Assistance to India
In concluding his first visit to India on 1 September, President Kuroda said that ADB is ready to raise its development assistance to US$6.5 billion over the next three years. |
ADB Plans $4.5 Billion in Assistance to the People’s Republic of China
ADB plans assistance totaling about $4.5 billion for the People's Republic of China over the next three years, according to a Country Strategy and Program Update endorsed by ADB's Board of Directors in September. |
Significant Increase in Annual Assistance of $3.7 Billion to Pakistan
President Kuroda reaffirmed ADB's long-term partnership to support Pakistan's economic growth with an expected assistance of $3.7 billion over 2006-2008. |
UNDP, IDB and ADB Hosted First Joint Forum on Remittances in Manila on 12 and 13 September
Focused on “Remittances and Poverty Reduction: Learning from Regional Experiences and Perspectives”, the conference aimed at sharing best practices to help overseas workers send funds home at lower costs and with greater reliability.
See Welcome Remarks. |
Leaders Commit to Stronger Partnerships at Second GMS Summit in Kunming, PRC
Prime ministers of the six countries sharing the Mekong River concluded their two-day Summit on 5 July by issuing the Kunming Declaration that renews their commitment to achieve an integrated, harmonious and prosperous Greater Mekong Subregion through forging stronger partnerships.
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Pacific Liaison Office Opens in Sydney
The Pacific Liaison and Coordination Office (PLCO), opened in Sydney on 3 August, will better respond to the needs of Kiribati, Nauru, Solomon Islands, and Vanuatu and build up stronger ties with development partners in Australia and New Zealand. |
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| Recent Speeches and Knowledge Resources |
For additional speeches, please visit the Speeches Section on ADB Website.
ADB Newsletters
Managing for Development Results
Partnership Newsletter
Water for All
ADB Websites
Asian Development Bank
Asian Development Bank Institute (ADBI)
Asia Regional Information Center (ARIC)
European Representative Office (ERO) |
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| New Publications and Upcoming Events |
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Asian Environment Outlook (AEO) Released
The second ADB Asian Environment Outlook (AEO) entitled “Making Profits, Protecting our Planet” highlights that a fully engaged private sector is a critical ingredient in the pursuit of sustainable development in Asia and the Pacific. The report was presented at the 6th Asia-Pacific Roundtable for Sustainable Consumption and Production in Melbourne, 10–12 October.
Read the Executive Summary.
Frankfurt International Book Fair
Visit the ADB stand at the Frankfurt Book Fair in Hall 8 (911) from 19 to 23 October.
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