Ministers Endorse New Environment Agenda for the Greater Mekong Subregion

CHIANG MAI, THAILAND (1 February 2018) — Environment ministers from the six countries of the Greater Mekong Subregion endorsed a 5-year environment agenda that includes more than $540 million worth of priority projects to spur green investments and increase environmental cooperation to help the subregion achieve sustainable growth.

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The project will generate an average of 422 gigawatt-hours of electricity and avoid an average of 162,430 tons of carbon dioxide emissions annually. Phot oby Power Construction Joint Stock Company No. 1

ADB Signs Green Loan to Develop 144 MW Wind Farms in Viet Nam

The Asian Development Bank (ADB) signed a $116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), Phong Huy Wind Power Joint Stock Company (Phong Huy), and Phong Nguyen Wind Power Joint Stock Company (Phong Nguyen) to build and operate three 48-megawatt (MW) wind farms, totaling 144 MW, in Quang Tri Province, Viet Nam. The project will increase Viet Nam’s wind power capacity by 30%, helping the country meet the rapidly growing demand for energy. 

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Developing economies in Southeast Asia can benefit from action in key policy areas: investment in green infrastructure, digiital transformation, big data , and  revenue mobilization through tax reform

Green Investments, Revenue Mobilization, Big Data Key to Southeast Asia’s COVID-19 Economic Recovery

Southeast Asian countries can benefit from investments in green infrastructure, digital transformation, big data, and revenue mobilization through tax reform as the region recovers from the coronavirus disease (COVID-19) pandemic, said Asian Development Bank (ADB) President Masatsugu Asakawa at the second Southeast Asia Development Symposium.

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The ACGF Green Recovery Program aims to leverage GCF and ADB funds to catalyze financing from development partners and private capital sources to support more than $4 billion worth of green infrastructure projects across the region.

$300 Million from Green Climate Fund to Support ADB’s First Green Recovery Program in Southeast Asia

The Green Climate Fund (GCF) has allocated $300 million to support the Asian Development Bank's (ADB) efforts to help Southeast Asia shape a climate-resilient, environmentally sustainable economic recovery from the coronavirus disease (COVID-19) pandemic.

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The Asian Transport Outlook is a multiyear program with potential to serve as the primary knowledge base on transport for Asia,

Asian Transport Outlook Data to Support Larger and More Sustainable Transport Sector in Asia

The Asian Development Bank (ADB) has released a first batch of data as part of a new regional knowledge platform to guide sustainable transport development in Asia and the Pacific.

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A garment industry worker at a regional training center in the Siem Reap city, Siem Reap province.

Industry 4.0 Could Have Transformational Impact on Skills and Jobs in Cambodia — ADB Study

Cambodia should consider developing industry transformation maps in key sectors to enable the transition to the fourth industrial revolution (4IR) with adequate investment in skills development for new and repositioned jobs, according to a new study by the Asian Development Bank (ADB).

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GMS Economic Corridors Forum Looks to Accelerate Development in Economic Corridors

BANGKOK, THAILAND (28 October 2020) –The 11th The Greater Mekong Subregion (GMS) GMS Economic Corridors Forum was held today under the theme “Boosting Competitiveness, Connectivity, and Community in the GMS Economic Corridors through Focused and Integrated Spatial Development” with the Asian Development Bank (ADB), Secretariat to the GMS Economic Program. The Forum serves as a key platform that crystalizes thinking and experiences from all six member countries on spatial development with focus on successes and potential areas for developments in economic corridor connectivity, regional economic integration, and safe and sustainable community-building. The meeting yielded valuable discussions that helped pave the way for strengthening the GMS cooperation for the future.

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Asian Development Bank President Takehiko Nakao (left) with Viet Nam Prime Minister Nguyen Xuan Phuc (right) on the sidelines of the G20 Leaders’ Summit in Osaka.

ADB President Meets with Viet Nam Prime Minister and Discusses Operations

OSAKA, JAPAN (29 June 2019) — Asian Development Bank President Takehiko Nakao today met with Viet Nam Prime Minister Nguyen Xuan Phuc on the sidelines of the G20 Leaders’ Summit in Osaka. 

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The new MRT lines will help provide a wider choice of affordable and efficient public transport for Bangkok’s rapidly growing population. Photo: ADB.

ADB Private Sector Financing Supports Two New Bangkok Metro Lines

BANGKOK, THAILAND (4 June 2019) — The Asian Development Bank signed an agreement with a financing package of 9.9 billion Thai baht ($311 million equivalent) for the construction and operation of the Pink and Yellow lines of Bangkok’s mass rapid transit system.

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