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The response to COVID-19 should also be a response to the climate crisis

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Now is the time to ramp up actions on resilience so that society can beat the COVID-19 crisis while reducing the impact of climate threats.The last few weeks have taken all of us by surprise. We are confined to our homes. Weaknesses in health care systems have been exposed. Jobs are uncertain.…

ADO 2021 emphasizes green and inclusive financing in building back better and sustainably

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On 28 April, the Asian Development Outlook 2021 was released. The report stresses the importance of green and social finance in ensuring inclusive, resilient and sustainable recovery for Asia and the Pacific Region from the coronavirus pandemic.ADO 2021 outlined the role of different players in…

Build green to help fend off the next pandemic

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Colleagues from SERD asserts in the blog the need to integrate green financing principles and incentives into infrastructure investment instruments and structures to strike a balance between economic, social and environmental sustainability. 

Q&A: Funding green recovery in Southeast Asia

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See how ADB supports a green, resilient, and inclusive recovery in the region, incorporating climate and environmental sustainability through the support from the Association of Southeast Asian Nations (ASEAN) Catalytic Green Finance Facility (ACGF) in this Q&A.

Two energy projects approved on 28 May

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The Geothermal Power Generation Project that will help increase Indonesia’s geothermal power generation capacity by 110 megawatts was approved on 28 May 2020. The $300 million loan will finance the construction and commissioning of two geothermal plants at Dieng in Central Java and Patuha…

Are Pacific power utilities ready for the impact of COVID-19?

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In the fragile energy scenario of small Pacific islands, contingency plans are crucial to keep the lights on during a crisis.With the coronavirus pandemic and its human tragedy affecting hundreds of thousands of people around the world, it is important to have contingency plans in place to mitigate…

COVID-19 is an opportunity to re-tool the health sector’s energy supply

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The pandemic reinforces the need for reliable energy services to support healthcare. Clean, renewable power is a good place to start.COVID-19 has hit the reset button on the global economy. But at some point we will shift from emergency response into recovery mode, providing a rare opportunity for…

ADB Announces $6.5 Billion Initial Response to COVID-19 Pandemic

Press Releases
MANILA, PHILIPPINES (18 March 2020) — The Asian Development Bank (ADB) today announced a $6.5 billion initial package to address the immediate needs of its developing member countries (DMCs) as they respond to the novel coronavirus (COVID-19) pandemic."This pandemic has become a major global…

Businesses need to take a green path to recovery after COVID-19

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There is no going back to the old order. Doing business as usual is no longer an option in light of the COVID-19 pandemic. The authors posit that investments in ‘green sectors’ such as sustainable agriculture, renewable energy, green buildings, etc. is the way to go.

Response to Post Covid-19: Green Recovery

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A green recovery is key to ensuring a sustainable and resilient return to growth and development after COVID-19. Global examples show how climate change and other green themes can be central to COVID-19 responses so that countries can build back better.