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    Bangladesh’s Economy Shows Flickers of Recovery amid Dour IMF-ADB Forecasts

    This slump is largely attributed to domestic unrest, contractionary monetary and fiscal policies, and a broader climate of uncertainty that has discouraged both foreign and domestic investment.

    ADB to Provide $1 Billion Annually for Bangladesh’s Inclusive Development

    This enhanced support from ADB is expected to catalyse efforts to promote sustainability, strengthen infrastructure, and improve the quality of life for communities across Bangladesh.

    ADB, World Bank Approve $1.1 Billion Budget Support for Bangladesh

    Beyond the budget support, the World Bank has approved $379 million for the health and nutrition sector and $280 million for the development of the water supply system in Chattogram.

    Nepal and ADB Sign Landmark Deal Worth Rs. 21.23 Billion for Agricultural and Climate Resilience Projects

    The agreements mark a crucial milestone in Nepal’s journey toward sustainable development, signalling a commitment to innovation and resilience in the agricultural and climate sectors.

    India, ADB Sign $200 Million Loan to Upgrade Water Supply, Sanitation, Urban Mobility in Uttarakhand

    Given women’s role in monitoring water supply systems, the project will build the capacity of women, including those from vulnerable households, in operating and...

    Climate Change Could Slash GDP in Developing Asia and the Pacific by 17 Per Cent by 2070, ADB Warns

    The ADB report says that by 2070, the forecasted impacts of climate change could threaten not just the future of Asia-Pacific’s economy but the...

    Disasters Trigger More Displacements than Conflicts, Says New ADB-IDMC Report

    The report outlines several ways development finance can be used to prevent and respond to displacement. Multilateral development banks can support and encourage displacement-inclusive...

    India Charts Course Towards Maritime Decarbonization at High-Level Conference

    A call for continued collaboration among government bodies, industry leaders, and international organisations was underscored, emphasizing the need for innovative financing models and regulatory...

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    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.
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    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.

    Government Extends Interest Relief for Farmers, Reinforces KCC and MISS as Pillars of Agricultural Credit

    Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.

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    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.