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Thursday, August 14, 2025
TopicADB

Topic: ADB

ADB approves $500M loan for financial inclusion in Indonesia

The program will implement key initiatives such as expanding the digital finance ecosystem including the implementation of Bank Indonesia's Payment System Blueprint 2025.

ADB and Tanveer Dal Mill sign $20 million deal for green flour mill in Bangladesh

The new facility aims to double wheat flour production, and reduce carbon emissions.

ADB approves $199.5 million for climate-resilient bridges in Fiji

The ADB grant will fund project replacing critical bridges in the country.

ADB approves $200 million loan for Sri Lanka’s power sector

The project aims to integrate renewable energy, and reduce reliance on thermal power plants.

ADB approves $100 million loan for climate investment in Mongolia

The program aims to support NDC goals, NAP implementation, and gender-responsive actions.

Sri Lanka gets $50 Million, ADB support for rooftop solar push

ADB credit line aimed to fund 70.9 MW of solar PV installations.

Nepal secures $288M from ADB for climate resilience

The ADB funding aims to bolster green growth, and drinking water security.

ADB approves $22 million to help Maldives’ tackle climate change

The ADB funding will bolster the nation's defenses against rising sea levels, and extreme weather and help bolster food security.

ABD supports Azerbaijan’s quest for renewable energy, ahead of COP29

COP29 is scheduled for November 2024 in Baku.

Climate change causing glaciers around Everest to melt, ADB says

Dozens have been displaced, and infrastructure destroyed in the Mount Everest region, local sherpas told ADB.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.