News Releases

22 Apr 2013

ADB Assistance Tops $21.5 Billion in 2012

ADB approved $21.57 billion in financing operations including cofinancing last year, according to ADB’s 2012 Annual Report, released ahead of its 46th Annual Meeting of the Board of Governors to be held 2–5 May in Delhi, India.
9 Apr 2013

Asia's Future Prosperity Requires Major Change in Energy Use

Asia is moving along a dangerously unsustainable energy path that will result in environmental disaster and a gaping divide in energy access between rich and poor unless the region dramatically changes course, says a new ADB report.
9 Apr 2013

Better Business Environment Key to Nepal's Growth

Promoting an enabling business environment and political stability are key to improving economic performance in Nepal, says a new ADB report that predicts the country’s growth will slow due to a shortage of fertilizers, poor monsoon season, low investor confidence and the lack of a full budget, which is also causing funding shortages for ongoing development activities.
9 Apr 2013

Developing Asia's Growth Steps Up to 6.6% in 2013

Rising private consumption and stronger intraregional trade will spur a pickup in growth in developing Asia in 2013 and 2014, as economic activity in the US and Europe remains in the doldrums, ADB says in a major new report.
6 Mar 2013

Clean Technologies Could Cut South Asia Emissions by a Fifth by 2020 at Little Cost

Five countries of South Asia – Bangladesh, Bhutan, the Maldives, Nepal, and Sri Lanka - could slash greenhouse gas emissions by a fifth by 2020 at little long-term cost by introducing a variety of clean technologies, according to a new study from ADB.
25 Feb 2013

Planned Hydropower Plant Key Step to Easing Nepal's Energy Crisis

ADB is lending $150 million towards a $500 million project that will build a hydropower plant with a 140-megawatt capacity.
7 Dec 2012

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report.
3 Dec 2012

Huge Financing Gap Must Be Filled to Promote Climate-Friendly Technology - ADB

Massive investment is required to develop and deploy climate-friendly technology if global warming is to be halted and developing countries prepared to cope with the adverse consequences of climate change, delegates heard today at the annual global conference on climate change.
29 Nov 2012

ADB to Help South Asia Clear Path for Intraregional Trade Expansion

ADB is providing $48 million to help goods move more smoothly in and out of Bangladesh, Bhutan, and Nepal, by overhauling time-consuming, costly, and often opaque customs procedures that are inhibiting intraregional trade.
7 Nov 2012

Asia and Pacific Countries Receive $160 Million for Climate Change Action

The Climate Investment Funds wrapped up week-long meetings with more than $160 million allocated for developing countries in Asia and the Pacific to expand access to renewable energy, manage forests to conserve their carbon, and build resilience to the adverse impacts of climate change.