News Releases

Latest News Releases

ADB is supporting a 290-megawatt hydropower project in the Lao People’s Democratic Republic (Lao PDR) under a public-private partnership arrangement.

ADB has raised Rs3 billion (about $50 million) from its maiden issuance of offshore Indian rupee-linked bonds. This issuance is the first bond issued under ADB’s $500 million offshore rupee-linked bond program and aims to deepen India’s capital markets.

ADB has welcomed a new law making it easier to register businesses in the Solomon Islands. ADB provided policy guidance and support in drafting of the legislation which is part of wider reforms to regulatory frameworks for businesses in the Pacific.

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.

Climate change will slash up to 9% off the South Asian economy every year by the end of this century if the world continues on its current fossil-fuel intensive path. The human and financial toll could be even higher if the damage from floods, droughts, and other extreme weather events is included.

Low-lying Bangladesh is at the front line of at-risk countries from climate change and could suffer annual losses of up to 9% of its economy by the end of this century, says a new ADB climate and economics report for South Asia.

India, one of the largest agrarian economies in the world, is deeply at risk from climate change, and could see economic losses of up to 8.7% of its gross domestic product (GDP) by 2100 if the world fails to respond to a host of climate threats, says a new ADB climate and economics report for South Asia.

Melting glaciers and other climate change-linked extremes pose a serious threat to Bhutan’s economy, and could cause annual losses of over 6% of gross domestic product (GDP) by the end of this century, says a new ADB climate and economics report for South Asia.

The Maldives, with its pancake-flat islands, is the most at-risk country in South Asia from climate change impacts, which if left unchecked, could cause annual economic losses of over 12% of gross domestic product (GDP) by the end of this century, says a new ADB climate and economics report for South Asia

Climate change-driven events like melting glaciers pose a grave risk to Nepal’s economy, and could cause losses equal to almost 10% of the country’s annual gross domestic product (GDP) by 2100, says a new ADB climate and economics report for South Asia.