# Tags

EU Carbon Tariff Alone Won’t Curb Global Emissions, Urges Broader Climate Action: ADB

The European Union’s (EU) forthcoming Carbon Border Adjustment Mechanism (CBAM) is anticipated to yield only marginal reductions in global carbon emissions while modestly affecting trade flows, particularly in Asia and the Pacific, according to a recent study by the Asian Development Bank (ADB). CBAM, slated to be operationalised in 2026, will entail import levies on […]

SBM 2.0 Gets $200 Million Boost From ADB

ADB funds a potential waste management initiative as India sets out to make 100 cities garbage-free by 2026 by transforming sanitation practices, fostering resilience, and empowering communities With a significant USD 200 million loan, the Asian Development Bank (ADB) is bringing much-needed life to India’s Swachh Bharat Mission-Urban 2.0. The mission’s bold objective is to eliminate […]

ADB Introduces USD 2 billion Nature Solutions Finance Hub At COP28

The Asian Development Bank (ADB) unveiled its Nature Solutions Finance Hub for Asia and the Pacific at COP28, setting a goal of attracting a minimum of USD 2 billion in investments The initiative focuses on integrating nature-based solutions into investment programs, particularly targeting capital markets and private capital sources. ADB President Masatsugu Asakawa highlighted the […]