ADB signs loan agreement for PRC's clean bus leasing program
On 10 January, Michael Barrow, Director General of ADB’s Private Sector Operations Department, and Jingbin Shi, Vice President of Everbright Financial Leasing (EFL) signed a $75 million private sector loan under the Clean Bus Leasing Program in Beijing. EFL is the third and final leasing company to avail of a loan under the program, which is expected to increase clean bus transport services in the PRC. See news release.
Freeland Foundation shares anti-wildlife trafficking program
Several NGOs, namely: World Wildlife Fund, Tanggol Kalikasan, and Save Our Philippines Seas, joined the Philippines Anti-Wildlife Trafficking Agencies in a knowledge sharing forum titled, “ARREST: Asia’s Regional Response to Endangered Species Trafficking”. The forum was held at the ADB headquarters in Manila, on 16 June 2016.
Steven Galster, Director of Freeland Foundation, presented lessons and experiences in implementing ARREST, a United States Agency for International Development (USAID)-funded program that aims to stop wildlife the illegal trade in wildlife in Asia. The program works with Asian government authorities, strengthens law enforcement against wildlife trafficking, and improves regional cooperation and anti-trafficking networks. The ARREST undertakes multimedia campaigns aimed at reducing consumer demand for wildlife. Through the program, more than 2 million live animals have been recovered from 2008 to 2015. Representatives of Philippine National Police Maritime Group, Biodiversity Management Bureau, and USAID’s Ecosystems Improved for Sustainable Fisheries (ECOFISH) Project, likewise presented lessons in anti-wildlife trafficking activities.
The knowledge event inspired participants, as they listened to the successes and lessons from other organizations. The forum acknowledges the need for more cooperation and concerted efforts from donor and government agencies, as well as civil society organizations, to overcome the remaining challenges to completely stop wildlife crime in Asia. ADB’s Environment and Safeguards Division, Sustainable Development and Climate Change Department hosted the event.
VP Susantono attends Vulnerable 20 Group ministerial meeting
The Vice-President participated in the V20 Group ministerial meeting held on 14 April on the sidelines of the IMF and the WB Group Spring Meetings in Washington, DC. VP Susantono announced ADB's support to the group of finance ministers from vulnerable developing countries to strengthen their fiscal resilience to disasters.
President Nakao leads World Environment Day celebration at HQ
The President on 5 June planted a tree at ADB HQ in Manila to symbolize ADB's continued efforts to protect the environment. In remarks during the ceremony, he encouraged ADB staff to examine their lifestyles to see how they can help conserve natural resources and reduce waste. Read the speech and see the photo.
President Nakao sends deepest condolences to Nepal Prime Minister; ADB to provide $3 million for immediate relief
In a letter to Prime Minister Sushil Koirala, President Nakao said he was saddened by the loss of life and property in the Nepal earthquake on 25 April, and that ADB stands together with the people of Nepal and the Government at this challenging time. ADB is providing a $3 million grant for immediate relief efforts, followed by up to $200 million in additional resources for projects in the first phase of rehabilitation. Read the news release.