AIIB Invests USD500M for Low-Carbon Energy, Air Quality Improvement in China
The Asian Infrastructure Investment Bank (AIIB) is
investing USD500 million to support China’s efforts to transition to a
lower-carbon energy future. The Beijing-Tianjin-Hebei Low Carbon Energy
Transition...
Renewables in the Kingdom of Bhutan: Supporting the Pursuit of Happiness
The Kingdom of Bhutan is the world’s only carbon
negative country. Forests cover 70 per cent of its land which sequesters more
carbon than the entire...
Africa pushes for special consideration in Madrid climate talks
As terrible floods inundate their country, close to
100 Kenyan delegates have convened in Madrid, Spain, along with thousands of
global leaders, for the COP 25...
Hyatt Announces Plans for First Property in Finland with Grand Hansa Hotel
Hyatt
Hotels Corporation announced that a
Hyatt affiliate has entered into a franchise agreement with Primehotels Oy for
the first Hyatt property in Finland. Expected to open...
Australia to Provide $14 Million, ADB $2 Million for Private Sector Initiative in the Pacific
The Government of Australia is providing $14 million in additional
funding to the Pacific Private Sector Development Initiative (PSDI), with the
Asian Development Bank (ADB) also...
Estonia: Use robust growth to improve income equality and well-being
Estonia’s economy
is performing well, and public finances are in excellent shape, yet growth is
softening and spending pressures from infrastructure needs and an ageing
population are...
Nepal Solve-a-thon 2019: Young data enthusiasts tackle development challenges
A two-day Solve-a-thon, the first of its kind, was organized by the World
Bank and The Asia Foundation with support from UKAID at the Kathmandu
University...
Vietnam’s Economy Expanded by 6.8 Percent in 2019 but Reforms are Needed
Vietnam’s economy has performed well in 2019, with GDP expanding by an
estimated 6.8 percent, public debt reduced by almost 8 percentage point of GDP
since...
ADB, XacBank Sign Private Sector Loan to Support MSMEs in Mongolia
The Asian Development Bank (ADB) and XacBank signed today a $30 million
A loan agreement—as part of a financing package which includes cofinanciers—to
support expansion of...
Managing forests with community participation in Kenya
“It’s always better to involve us,” says
Kibarisho Leintoi, a 36-year-old Masai mother of eight children. “Even though I
cannot read or write, I know what...