News Releases

ADB will invest $15 million to support clean energy projects in the Greater Mekong Subregion and South Asia through the Mekong Brahmaputra Clean Development Fund.

ADB is supporting a key urban environmental initiative in Wuhan municipality in the People's Republic of China that could be a model for sustainable management of wastewater sludge in the country.

A reform in the global reserve system is critical to avoid a repeat of the recent global economic crisis and Asia's fast recovering countries need to cooperate to ensure a smooth transition to a multi-currency alternative, says a new report from ADB and the Columbia University's Earth Institute.

Hundreds of policymakers, energy experts, project developers and investors from around the world will gather in the Philippines this week to discuss boosting investments and technologies to advance clean energy solutions in the Asia and Pacific region.

Tajikistan and the ADB have agreed on a new Country Partnership Strategy for 2010 to 2014 which will advance the Central Asian nation's drive to strengthen energy supplies and transport links, and to develop a vibrant private sector to help the economy diversify.

Expanding transport, energy and trade links through regional cooperation to boost growth among the members of the Central Asia Regional Economic Cooperation community was highlighted at a seminar at ADB's 43rd Annual Meeting in Tashkent.

Asia and the Pacific is leading the world out of the global financial crisis but action is needed to boost the region's economic resilience and ensure it contributes to global economic realignment, said ADB President Haruhiko Kuroda.

Developing Asian economies need to make growth more inclusive and sustainable with less income inequality and environmental degradation, says a forthcoming book by ADB and the ADB Institute.

ADB today announced an Asian solar energy initiative to generate some 3,000 megawatts of solar power over the next three years.

ADB Board of Directors has approved investment in a 73-megawatt solar power plant in central Thailand. The plant, likely to be one of the largest solar photovoltaic projects in the world, will be central to Thailand's efforts to generate much more of its energy from domestic, renewable sources.