ADB News

The Government of Japan's Grant is the first seed financing to be announced for the Energy Transition Mechanism, which is being studies and piloted in Southeast Asia, starting with Indonesia and the Philippines.

Japan Announces $25 Million for ADB-Led Energy Transition Mechanism in Southeast Asia

The Government of Japan today announced a grant of $25 million toward the Energy Transition Mechanism (ETM) partnership led by the Asian Development Bank (ADB).

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New ADB Facility to Help Southeast Asia Revive Tourism and Boost Sustainable, Inclusive Investments

 The Asian Development Bank (ADB) has set up a $1.7 million technical assistance facility to accelerate Southeast Asia’s tourism recovery from the coronavirus disease (COVID-19) pandemic, boost inclusive, sustainable development in the sector, and help local tourism entrepreneurs, especially women and youth, adopt digital platforms to grow their businesses.

 

ADB News

ADB Initiates Coronavirus Response

The Asian Development Bank (ADB) today approved $2 million in new funding to support efforts to combat the spread of the novel coronavirus (nCoV).

The funds will supplement an ongoing regional technical assistance and strengthen response capacity in Cambodia, the People's Republic of China, the Lao People's Democratic Republic, Myanmar, Thailand, and Viet Nam.

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