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INDONESIA NGOs accuse Asian Development Bank of financing Jakarta coal-fired power plants

A group of NGOs released a report noting that Indonesia's state-owned power company might use development funds to expand the Suralaya plant. Pollution from this plant costs already the country a billion dollars a year.


Suralaya , Banten , Indonesia , Sumatera-utara , Perusahaan-listrik-negara , Asian-development-bank , Centre-for-research-on-energy , Southeast-asia , Europe-based-centre , Clean-air , Sian-development-bank , Db

ADB Funding Indonesia Coal Plants: NGOs accuse ADB of funding Indonesia coal plants despite clean energy promises, ET EnergyWorld

ADB Funding Indonesia Coal Plants: The report by four NGOs alleges the ADB loan given in 2021 to Indonesia's state power company to fund its ten-year business plan and "promote the use of clean energy" has no clause blocking spending on new coal facilities.

Suralaya , Banten , Indonesia , Sumatera-utara , Jakarta , Jakarta-raya , Georgia , United-states , Perusahaan-listrik-negara , Daniel-willis , Dustin-roasa , Inclusive-development-international

Philippines wants US, Japan to build rail network after dropping Beijing as ties sour over South China Sea frictions

The US$868 million Subic-Clark railway will link the former American military bases turned commercial hubs.

Japan , China , Batangas , Batangas-city , Philippines , Subic , Zambales , Manila , World-bank , District-of-columbia , United-states , South-korea

Uncertainty over impending elections could risk Sri Lanka's economic recovery: ADB | World News

The island nation is set to face a presidential election in the last quarter of this year, while the parliamentary election is due mid-next year.

Sri-lanka , Colombo , Western , Ranil-wickremesinghe , International-monetary-fund , South-asian , Sian-development-bank , Conomic-outlook , Lections , Residential-election , Arliamentary-election , Mf-linked-reforms

ADB raises India's FY25 GDP growth forecast to 7%

ADB's growth forecast for the current fiscal is in line with the projections made by the Reserve Bank of India

India , China , Mio-oka , Asian-development-bank , Asian-development-outlook , Asian-development , Reserve-bank , India-mio , India-gdp , Dp , Ndia , Ndia-gdp-growth

ADB projects Nepal's economy to grow by 3.6 per cent in FY 2024

The Asian Development Bank (ADB) has projected that Nepal’s economy is to grow by 3.6% (at market prices) in fiscal year 2024.

Kathmandu , Bagmati , Nepal , India , Jan-hansen , Arnaud-cauchois , Asian-development-outlook , Asian-development-bank , Nepal-jan-hansen , Sian-development-bank ,

EU carbon tariff alone won't curb global emissions, urges broader climate action: ADB, ET Auto

Global Carbon Emissions: CBAM, slated to be operationalized in 2026, will entail import levies on carbon-intensive goods like steel, cement, and electricity, determined by the embedded carbon dioxide emissions in their production processes. In addition to assessing the carbon tariff's implications, the report proposes strategies to decarbonize international trade and global value chains.

European-union , Asian-development-bank , Carbon-border-adjustment-mechanism , Asian-economic-integration-report , Albert-park , West-asia , Global-carbon-emissions , Sia , Uropean-union , Sian-economic-integration-report , Sian-development-bank

CEA Nageswaran says adaptation best insurance against climate change

Nageswaran was speaking at a workshop on climate finance jointly organised by the finance ministry's department of economic affairs and the Asian Development Bank

Switzerland , Swiss , V-anantha-nageswaran , Asian-development-bank , Economic-adviserv-anantha-nageswaran , Ea-nageswaran , Hief-economic-adviser , Hief-economic-adviserv-anantha-nageswaran , Inance-ministry , Ndian-economy , Limate-change , Limate-finance

Trouble Inventing Paradise: Major Chinese Development Bank Faces Inflection Point as Concerns Mount Over 'New Bali' Project

The Chinese-founded Asian Infrastructure Investment Bank faces an inflection point as concerns mount over its flagship project in Indonesia.

Mandalika , Jawa-tengah , Indonesia , Finland , Beijing , China , Canada , Nusa-tenggara-barat , Japan , Cambodia , Jing-qian , Anhui

UGRO Capital raises Rs 250 crore from Asian Development Bank

The company had in December raised an equal amount through non-convertible debentures from FMO, a Dutch entrepreneurial development bank

Netherlands , Dutch , Asian-development-bank , Non-convertible-debentures , Ugro-capital , Sian-development-bank , Orporate-bonds , Cds , On-convertible-debentures ,