News Releases

Latest News Releases


Broader View of Poverty Underscores Critical Long-Term Challenge—ADB

Poverty will remain a critical challenge for Asia and the Pacific in the coming decades, requiring a greater focus on efforts to address food insecurity and economic vulnerability, says a new ADB report.

Conflict between Brown and Green Growth Can Be Narrowed, Says Study

Asia’s governments must make tough choices in energy investments that can provide affordable energy while meeting pressing environmental objectives, especially on climate change, says a study by ADB's Independent Evaluation Department.

Innovative ADB Loan to Help Unlock Indonesia’s Clean Energy Potential

ADB will provide a loan of up to $50 million, supported by the Clean Technology Fund, to share risks with the private sector during the project development and exploration phase of the Rantau Dedap geothermal project in Indonesia.

ADB Maintains Developing Asia Growth Forecast

Developing Asia remains on track toward steady growth in 2014 despite slower-than-expected growth in the United States in the first quarter, says a new ADB report.

KfW, ADB Sign $2 Billion Cofinancing Partnership

German development bank KfW will cofinance up to $2 billion over three years with ADB to promote development in the Asia and Pacific region, particularly in Bangladesh, India, Indonesia, Mongolia, and Viet Nam. The KfW cofinancing will focus on energy, urban infrastructure, climate change, small and medium enterprise financing, vocational training, and regional integration.

Japan, ADB Announce Fund to Promote Low-Carbon Technologies in Asia

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.

Investors Returning To Most Emerging East Asia Markets – Asia Bond Monitor

Local and offshore demand for emerging East Asia’s local currency bonds is rising again and should continue given strong economic growth prospects in the region, said the ADB's latest Asia Bond Monitor.

Coral Triangle Initiative Ratified: Nations Come Together to Establish Regional Secretariat

Ministers from Indonesia, Malaysia, Solomon Islands and Timor Leste met in Manado, Indonesia and ratified an agreement to establish a Regional Secretariat for the Coral Triangle Initiative on Coral Reefs, Fisheries, and Food Security (CTI-CFF). The Regional Secretariat will spearhead the CTI-CFF’s regional cooperation programs to strengthen the management of coastal and marine resources and address climate change impacts on fisheries and livelihoods.

Myanmar Set to Join ASEAN Infrastructure Fund in 2014

Myanmar is slated to join the shareholders of the ASEAN Infrastructure Fund, bringing all 10 ASEAN members into the AIF. With Myanmar expected to join within 2014, the existing AIF shareholders include Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Philippines, Singapore, Thailand, Viet Nam, and ADB.

Coral Triangle Countries Highlight Women Leadership in Marine Conservation

The six countries of the Coral Triangle Region – Indonesia, Malaysia, Philippines, Papua New Guinea, Solomon Islands and Timor-Leste – launched an innovative platform to highlight the role of women leaders in protecting and sustaining the world’s epicenter of marine biodiversity.