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Reforms to the capital adequacy framework by the Asian Development Bank (ADB) have increased its annual commitment capacity by 40%, unlocking an additional $100 billion for financing projects in the Asia Pacific region over the next decade. The ADB plans to leverage these funds along with private and domestic capital to address the climate crisis.
There is increasing interest from the private sector on investing in sustainable developments, green initiatives and climate-friendly adaptations, he said.
Energy prices have increased tremendously which has created controversy and unrest in the country. IPP contracts are...
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Power Division to analyze ...
ISLAMABAD: The country borrowed $3.206 billion from multiple financing sources during the first two months...