Managing water resources effectively is becoming increasingly critical in Asia and the Pacific, with its fast-paced economic development, population growth, and changing climate.
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ADB's focus on water
“Bond markets in emerging East Asia continued to grow, mobilizing funding for the region’s sustainable recovery from the pandemic.” -- ADB Chief Economist Yasuyuki Sawada
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The Responsive COVID-19 Vaccines for Recovery (RECOVER) project will fund the purchase of at least 65 million doses of COVID-19 vaccine for priority groups determined by the Indonesian government. Read more
The Asian Development Bank is heavily invested in the Pacific by promoting energy efficiency and renewable energy resources, expanding access to energy, and promoting energy sector reform, capacity building, and effective governance.
The Asian Development Bank (ADB) swiftly met its clients’ coronavirus disease (COVID-19) pandemic response needs in 2020 while remaining aligned with long-term strategic priorities. Read more
ADB committed a record $31.6 billion in 2020 to help Asia and the Pacific swiftly tackle the coronavirus disease (COVID-19) outbreak; support a green, sustainable recovery from the pandemic; and address longer-term development challenges.
“Growth is gaining momentum across developing Asia, but renewed COVID-19 outbreaks pose a threat to recovery. Economies in the region are on diverging paths. Their trajectories are shaped by the extent of domestic outbreaks, the pace of their vaccine rollouts, and how much they are benefiting from the global recovery.” — ADB Chief Economist Yasuyuki Sawada