The Latest Breaking News from the Asian Development Bank

Baku has set an ambitious national target to reduce greenhouse gas emissions by 35% by 2030 and 40% by 2050.

The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president told AFP, including by slashing loans to the world's second-largest economy.

A study by the Asian Development Bank shows that countries in Asia will suffer worse damage from the climate crisis than other regions and they are not spending enough to limit the damage and adapt to changing weather patterns and natural disasters

The Asian Development Bank says it expects developing economies in the region to grow at a 5% annual pace this year, up slightly from its earlier estimate of 4.9% growth

A growing type of insurance, called parametric insurance, is helping farmers and others in developing countries respond to extreme weather events

Green NGOs have accused the Asian Development Bank of indirectly financing coal plants in Indonesia through a $600 million loan despite promises to no longer fund projects tied to the fossil fuel, according to a new report.

The Asian Development Bank assesses China's GDP target as realistic and achievable amidst challenges.

A recent diplomatic row between India and the Maldives, sparked by disparaging remarks made by Maldivian ministers on social media regarding Prime Minister Narendra Modi’s visit to Lakshadweep, led to an uproar on Indian social media. The Maldivian government, distancing itself from the comments, suspended the ministers. Concerns arose about…

The Asian Development Bank says it approved $200-million concessional loan to debt-stricken Sri Lanka to help stabilize the country’s finance sector