News Releases

ADB and GCF today signed an Accreditation Master Agreement that will allow ADB to access and administer GCF funds and scale up the bank’s climate financing to its developing member countries.

Sri Lanka can meet its current and future electricity demand by judicial use of renewable energy by 2050, according to a joint study by the UN Development Programme and the Asian Development Bank.

ADB's Board of Directors is providing $8.2 million in total additional financing to continue the reconstruction, rehabilitation, and climate-proofing of roads affected by Cyclone Pam.

ADB's Board of Directors has approved a loan package totaling $200 million to strengthen urban infrastructure, service delivery, and governance in Bangladesh’s pourashavas (municipalities).

ADB has appointed Samuel Tumiwa as new Country Director for Afghanistan.

ADB today released the third edition of its annual publication, celebrating the role of development partnerships in Asia’s dramatic rise from poverty and conflict to a new era of prosperity and cooperation.

ADB has raised $1.25 billion to help finance climate change mitigation and adaptation projects with the issue of dual-tranche 5-year and 10-year green bonds. 

Australia has provided additional financing to the ongoing Samoa Agribusiness Support Project designed to boost the south Pacific nation’s economic performance by addressing challenges hindering increased trade and export.

Enhanced connectivity through ICTs and transport infrastructure development are some of the efforts needed to increase economic opportunities, among others, says the latest issue of ADB's Pacific Economic Monitor.

ADB and Cantilan Bank, in partnership with Oradian, have launched a pilot project on cloud-based core banking technology in the southern Philippines.