Asian Development Bank Press Releases - EIN Presswire - Press Release Distribution Service

Published on May 6, 2024 - 04:33 GMT

ADB, Citi Sign Agreement to Support SMEs and Boost Trade Through Supply Chain Financing

MANILA, PHILIPPINES (6 May 2024) — The Asian Development Bank (ADB) and Citi have partnered to sign a master risk participation agreement to enhance access to supply chain financing for small and medium-sized enterprises (SMEs) and support more than $100 …

Distribution channels: Banking, Finance & Investment Industry

Published on May 5, 2024 - 14:07 GMT

Address to the Board of Governors 57th ADB Annual Meeting Business Session - Masatsugu Asakawa

Address by Masatsugu Asakawa, President, Asian Development Bank, to the Board of Governors Business Session, at the 57th Annual Meeting, 5 May 2024, Tbilisi, Georgia Introduction Members of the Board of Governors: Welcome to this Business Session of ADB’s …

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Published on May 5, 2024 - 12:00 GMT

ADB and Georgia, together Building a Bridge to the Future

Transcript A country rich in proud traditions and history. An ancient land at the crossroad of civilizations between Europe and Asia. A young nation making giant strides toward the future. Georgia is on a path to, progress, and development aided by …

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Published on May 5, 2024 - 12:00 GMT

57th ADB Annual Meeting: Governors' Business Session

In his address to the Board of Governors, ADB President Masatsugu Asakawa outlined Asia and the Pacific region's growing challenges of climate change, conflict, food insecurity, and increased debt. He highlighted ADB's response, including $100 …

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Published on May 5, 2024 - 12:00 GMT

57th ADB Annual Meeting: Enhancing Safeguards - From Better Policy to Better Implementation

This institutional event focused on ways environmental and social safeguards support inclusive, sustainable, and resilient development and solicited recommendations from the participants on ADB’s draft Environmental and Social Framework. The event was held …

Distribution channels: Banking, Finance & Investment Industry

Published on May 5, 2024 - 09:21 GMT

ADB Governors Approve $1.42 Billion in 2023 Allocable Net Income

TBILISI, GEORGIA (5 May 2024) — The Board of Governors of the Asian Development Bank (ADB) today approved the bank’s 2023 financial statements and a $1.42 billion net income allocation from its ordinary capital resources, the highest in ADB’s history. The …

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Published on May 5, 2024 - 04:31 GMT

As Climate Change Transforms Migration, Governments Must Act to Ease Restrictions

Climate-induced disasters are intensifying in Asia and the Pacific, affecting migration and causing economic strain. The need for effective adaptation strategies and international cooperation is urgent as remittances play a vital role in risk management. …

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Published on May 4, 2024 - 09:19 GMT

Republic of Korea Commits $2 Billion in Cofinancing with ADB

TBILISI, GEORGIA (4 May 2024) — The Republic of Korea today signed a memorandum of understanding (MOU) with the Asian Development Bank (ADB) earmarking $2 billion in cofinancing for ADB sovereign operations over the next 3 years. The cofinancing will …

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Published on May 4, 2024 - 04:31 GMT

Red Alert: How We Can Help the Millions of Workers Who Toil in Searing Heat

Global warming will drastically alter labor markets, affecting health and productivity, particularly for outdoor workers in agriculture, construction, and manufacturing. By 2050, climate-induced heat stress could force significant changes in job structures …

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Published on May 4, 2024 - 04:31 GMT

Safeguarding Women’s Health in The Face of Rising Temperatures

Extreme heat has disparate impacts on women's health and broader socio-economic consequences. There is an urgent need for gender-responsive adaptation strategies. Until recently, billions of people across Asia and the Pacific lived through and adjusted …

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Published on May 4, 2024 - 04:31 GMT

How to Confront Gender-Based Violence in a Warming World

The correlation between rising temperatures and escalating gender-based violence is having a major impact on women and girls worldwide. The effects of heat stress on social dynamics and individual behavior underscore the urgent need for integrated climate …

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Published on May 3, 2024 - 14:06 GMT

$5 Billion Asian Development Fund Replenishment Agreed to Support Most Vulnerable in Asia and Pacific

TBILISI, GEORGIA (3 May 2024) — Donors and the Asian Development Bank (ADB) have agreed to a replenishment of $5 billion for ADB’s Asian Development Fund (ADF) 14 and Technical Assistance Special Fund (TASF) 8. The commitment was made during ADB’s 57th …

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Published on May 3, 2024 - 04:29 GMT

AI and Development: Age of Abundance or Huge Divide?

AI has the potential to bring both abundance and division. It is essential for governments to recognize this now, to help shape the AI-fueled future that benefits all. Never has there been a major development shift without the advent of new technology and …

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Published on May 3, 2024 - 04:29 GMT

AI For Good: How to Build Sector-Specific Artificial Intelligence Models for Climate Resilience

Tailored artificial intelligence solutions offer practical, localized and affordable options for climate analysis and action. The world is familiar with artificial intelligence models such as ChatGPT. These “foundation models” have triggered global …

Distribution channels: Banking, Finance & Investment Industry

Published on May 2, 2024 - 14:05 GMT

Cooperation can Cut Carbon Footprint of Trade in CAREC Region — ADB

TBILISI, GEORGIA (2 May 2024) — Closer cross-border collaboration and reforming trade policies in Central Asia and its neighbors can cut the carbon footprint of trade and value chains—a growing source of emissions in one of the world’s most energy- …

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Published on May 2, 2024 - 09:17 GMT

Asia and the Pacific Food Security Forum - Masatsugu Asakawa

Opening remarks by Masatsugu Asakawa, President, Asian Development Bank, at the Asia and the Pacific Food Security Forum, 9 April 2024, Manila, Philippines Introduction Your Excellency Minister Pavithra Devi, Minister Steven Victor, Executive Director …

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Published on April 12, 2024 - 12:00 GMT

Eminent Speakers' Forum: Trade as an Engine of Inclusive and Sustainable Growth: How Can MDBs Help?

Description The Eminent Speakers’ Forum will feature the World Trade Organization’s Director General Ngozi Okonjo-Iweala. Director General Ngozi, the first woman and first African to serve as head of the WTO, will discuss the role of trade as an engine of …

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Published on April 11, 2024 - 12:00 GMT

AIxADB

Description AIxADB is a dynamic five-day initiative focused on leveraging Artificial Intelligence (AI) as a catalyst for development across Asia and the Pacific. Set to unfold alongside the Singapore Fintech Festival (SFF), this event will highlight the …

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Published on April 11, 2024 - 12:00 GMT

World Urban Forum 2024

6 Nov, 1:00-2:30 p.m. Room A How can urbanization be managed sustainably, especially in rapidly urbanizing countries in the world? Can national urban assessments and strategic systems planning be effective instruments to guide balanced, land and resource …

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Published on April 11, 2024 - 12:00 GMT

ADBI-Cambridge Alternative Finance Collaboration Network Course on Leading Transformation: Product and Organizational Innovation ...

Registration Form Click to register Scholarship Application Form Click to apply by 18 October 2024 Summary The digital transformation is producing profound changes for organizational structures and processes. Institutional innovation has emerged as an …

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