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

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.
9 Apr 2013

Sri Lanka's Economy to Recover in 2013-2014 - ADB Report

ADB’s flagship annual economic publication Asian Development Outlook 2013 (ADO 2013), released today, says Sri Lanka’s economic growth is expected to recover gradually to 6.8% in 2013 and to 7.2% in 2014.
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.
6 Mar 2013

Sri Lanka Could Slash 2020 Carbon Emissions by a Fifth with Green Power Options

Sri Lanka could slash its greenhouse gas emissions by 19% of projected levels in 2020 at little or no long-term cost using an array of green power options, says a new study from ADB.
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.
8 Nov 2012

ADB, OFID Sign Risk-sharing Agreement on Trade Finance Program

ADB and the OPEC Fund for International Development signed a risk distribution agreement to support trade in emerging Asian countries under ADB’s Trade Finance Program.
25 Oct 2012

ADB $300 Million to Fund Overhaul of Ageing Water, Sewer Systems in Colombo

ADB is providing $300 million in loans to overhaul the quality, coverage, and management of water and wastewater services in the Sri Lankan capital, Colombo.