The Action Plan will expand financing and technical assistance for ocean health and marine economy projects to $5 billion, from 2019 to 2024, including cofinancing from partners.
Responding to the changing needs of Asia and the Pacific will drive the Asian Development Bank’s (ADB) actions to implement Strategy 2030.
Socially and environmentally sustainable tourism can contribute to the region’s long-term growth by building new infrastructure and creating jobs.
Asia badly needs infrastructure, but for cash-strapped governments the key is teaming up with businesses, says an ADB publication that examines the best way of sharing risk and proposes optimal ways of financing such deals.
A new online tool allows users to view the impact of different scenarios of trade conflict by looking at the potential impact on gross domestic product, employment, and exports for 24 developing Asian economies, both economy-wide and for 35 sectors within each economy.