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ADB and USAID to support clean energy infrastructure development in India

2016-03-31 01:00:00| Power Technology

The Asian Development Bank (ADB) and US Agency for International Development (USAID) have signed a memorandum of understanding (MoU) to collaborate on developing clean energy infrastructure in India.

Tags: support development energy india

ADB commits $123.3 million to improve Manila's water supply

2016-03-21 07:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Asian Development Bank (ADB) said on Monday it would lend $123.3 million to the Philippines to modernize water supply in the capital, Manila, to reduce the risk of shortages as demand for water rises in the megacity. The loan will allow the Metropolitan Waterworks and Sewerage System, a government-owned company supplying raw water to Manila to build a fourth tunnel, allowing it to upgrade other existing tunnels, the Manila-based lender said in a statement. "The Angat transmission system provides...

Tags: water improve million supply

ADB backs first climate bond in Asia-Pacific for renewable energy development

2016-03-01 01:00:00| Power Technology

The Asian Development Bank (ADB) is supporting issuance of the first climate bond in Asia-Pacific by providing credit-enhancement to AboitizPower's subsidiary AP Renewables in the Philippines.

Tags: development energy bond climate

ADB to support SLPA's $500m Colombo port project

2016-02-29 01:00:00| Ship Technology

The Asian Development Bank (ADB) and the Sri Lanka Ports Authority (SLPA) have signed an agreement on a $500m project to jointly build the East Container Terminal (ECT) of Colombo Port through public-private partnership (PPP).

Tags: support project port colombo