News Releases

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.

Clean Energy from Solid Waste to Benefit Smaller Cities in PRC

ADB is extending $200 million in loans to the Dynagreen Environmental Protection Group Company to help small and medium-sized cities in the People’s Republic of China (PRC) turn their growing mountains of solid waste into a sustainable source of renewable energy. The loan agreement was signed today in Beijing.

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.

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.

People's Republic of China Growth to Rebound in 2013, But Level Off in 2014

Strong consumption and fiscal spending in the People’s Republic of China will fuel a rebound in growth in 2013, but government steps to cool pressures on the environment and to narrow income gaps will limit the upside in 2014, says a new ADB report.

Mekong Countries Seek Greater Cooperation on Green Agriculture

Senior agriculture and environment officials from the six Greater Mekong Subregion countries met today to discuss environmentally sustainable agriculture and natural resource management in the region.

Flows into Asia Bond Markets Raise Risk of Asset Price Bubbles

Emerging East Asia’s local currency bond markets continued to expand in 2012, signaling ongoing investor interest in the region’s fast-growing economies but also raising the risk of asset price bubbles, said ADB's latest Asia Bond Monitor.

ADB, 18 Banks Sign Innovative $100 Million B-Loan for Access to Safe Water

ADB is partnering with 18 banks to help China Water Affairs Group Limited to increase access and improve water efficiency in small- and medium-sized cities in the People’s Republic of China.

More 'Green' Buses to Ply Urban Roads in People's Republic of China

More public buses with lower greenhouse gas emissions will soon be deployed on the roads of major cities in the People’s Republic of China as ADB helps bus operators shift their fleets to cleaner fuel.

"Green" Tax and Fiscal Reform Needed for Achieving Ecological Progress in People's Republic of China - ADB Report

Policy makers in the People’s Republic of China (PRC) need to initiate comprehensive fiscal, economic, and legal measures to achieve its ambitious ecological progress objectives, the Asian Development Bank (ADB) says in a new country environmental report.