This invitation-only event was organized by the Asian Development Bank (ADB) and was a knowledge-sharing event under the “Space in Support for International Development Assistance,” a global initiative in partnership with ADB, the European Space Agency (ESA), and the World Bank.

This event provided an overview of Earth observation technologies in the context of ADB operations, by showcasing projects, and sharing experiences of ADB developing member countries. It also highlighted the benefits of using the technology for improving project design and project management, as well as supporting more efficient use of financial resources. The session included a discussion on possible collaboration with relevant agencies to build on lessons learned, scale-up innovation, and broaden sector applications, through technical and financial partnerships.

ESA has been working closely with multilateral financial institutions on the use of Earth observation in several thematic areas and is now looking to mainstream Earth observation into development through a joint initiative, “Space in Support of International Development Assistance.”