News Releases

Latest News Releases


Three grant projects to improve the lives and health of poor and vulnerable communities in Myanmar are set for rapid implementation following the recent signing of financing agreements between the Ministry of Finance and the ADB. The grant projects, totaling a combined $26 million, are being financed by the Japan Fund for Poverty Reduction and administered by ADB.

ADB and World Bank signed a memorandum of agreement to harmonize their support for the Philippine government’s flagship program to rebuild areas devastated by super-typhoon Yolanda, known internationally as Haiyan. 

The 9th Asia Clean Energy Forum today saw the launch of a Sustainable Energy for All hub for Asia Pacific, aimed at mobilizing investment and finding innovative ways to bring clean, modern energy to the people of Asia and the Pacific.

ADB Vice-President Lakshmi Venkatachalam today arrived in New Zealand for a four-country visit to the Pacific region, where she will meet with senior government officials for discussions on ADB’s support. 

A wind-solar hybrid system installed in Dhaubadi village of Nawalparasi district in December 2011 has been handed over to the Alternative Energy Promotion Center (AEPC) of Nepal's Ministry of Environment.

The post-2015 global development agenda will need to deal with unfinished business, including ongoing poverty, and tackle newer concerns like rising inequality and climate change, delegates at an ADB Annual Meeting seminar said today.

Today, seven Multilateral Development Banks and the International Monetary Fund expressed their readiness to support the United Nations as it maps out a new development agenda to succeed the Millennium Development Goal targets of 2015.

Impressive economic gains in Asia and the Pacific are otherwise diminished by still widespread poverty and growing inequality, calling for urgent implementation of inclusive growth approaches among the region’s countries, says a new study.

ADB and development partners will use a new $3.6 million grant to support around 20 private sector businesses in Asia targeting poor and low-income communities.

During a three-day visit to People’s Republic of China (PRC), Asian Development Bank (ADB) President Takehiko Nakao expressed appreciation for the PRC’s reform vision announced last month and assured Vice Premier Zhang Gaoli of ADB’s strong support for reforms and efforts to address environment and poverty.