ADB and Masdar signed a $21.4 million loan to finance a 230 MW solar power plant in Azerbaijan. It is the first significant private sector renewables investment in Azerbaijan’s history.
ADB Launches Initiative to Help Asian Cities Tap Private Sector Finance, Meet Climate Resilience Goals
ADB has launched a new initiative to provide direct advisory support to help cities across Asia and the Pacific to meet their climate resilience goals while improving their infrastructure and urban services.
ADB and De Heus signed a $15 million loan to boost Cambodia’s agricultural feed sector by expanding DH-TMH’s storage and processing capacity of animal feed production in Kampong Speu province.
Steven Beck, head of ADB’s trade and supply chain finance program, discusses how ADB is assisting businesses in their transition to a digital and sustainable economy.