26 April 2024
In a curtain raiser to the 2024 ADB Annual Meeting, ADB President Masatsugu Asakawa leads a panel discussing the economic landscape, regional cooperation, and evolving role of multilateral banks
In a curtain raiser to the 2024 ADB Annual Meeting, ADB President Masatsugu Asakawa leads a panel discussing the economic landscape, regional cooperation, and evolving role of multilateral development banks.
Using a leveraged guarantee mechanism, ADB’s initial ambition of $3 billion in guarantees could create up to $15 billion in much-needed climate investment—the first time any multilateral development bank has adopted a program of this kind.
Aside from changing weather patterns and rising sea levels, the impacts of climate change become all the more magnified when viewed from the lens of public health.