News Releases

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.

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.

31 Jan 2013

Risk Financing Is Key to Building Resilience Against Disasters - Study

Disaster losses have risen faster than Asia-Pacific’s economy has expanded, says a new report from ADB, which recommends regional governments find ways to offer disaster risk financing instruments such as calamity funds, tax credits, and catastrophe bonds to strengthen disaster resilience.

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.

20 Nov 2012

Developing Asian Economies Must Focus on Greener, More Inclusive Growth - ADB

While advanced economies gradually rebuild their balance sheets, Asia’s emerging markets need to diversify sources of growth to boost GDP, ADB President Haruhiko Kuroda said today during an address at the Association of Southeast Asian Nations Global Dialogue in Phnom Penh, Cambodia.

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.

20 Sep 2012

Extra Loan for Bihar Highways Incorporates Climate Concerns

ADB will lend an extra $300 million to India to upgrade an additional 254 kilometers of state highways in Bihar, one of the poorest states in the country, while at the same time addressing some of the challenges of climate change.

22 Jun 2012

Billions to Benefit from Rio+20 Transport Commitment

The $175 billion pledge made by the Asian Development Bank (ADB) and seven other multilateral development banks (MDBs) was one of the largest financial commitments coming out of Rio+20, it was announced today at the UN Secretary General’s closing press conference.

19 Jun 2012

Development Banks Unite in Support of Sustainable Development

Six major multilateral development banks have committed to significantly expanding their investment in sustainable development – which currently totals $93 billion annually – in support of global development priorities that are expected to be agreed upon at this week’s Rio+20 meeting.

8 Jun 2012

ADB, UNEP, GEF to Finance Climate-Friendly Technologies in Asia

A new Climate Technology Network and Finance Center will expand the availability of low-carbon and climate-resilient technologies in Asia and the Pacific with support from the Asian Development Bank (ADB) and the United Nations Environment Programme (UNEP), with core funding from the Global Environment Facility (GEF).