Overwhelmed by storms, drought, and rising seas, stressed out developing countries won creation of a fund for loss and damage at the UN’s annual climate conference, COP27. More than 45,000 participants gathered in this resort town at the tip of the Sinai Peninsula to negotiate implementation of the 2015 Paris Agreement on climate, build coalitions, solve problems, and find financing.
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Advancing green business across Asia and the Pacific is “…a win–win for all stakeholders, but requires mobilizing vast resources of private capital and innovative management approaches,” the Asian Development Bank (ADB) concludes in a new working paper on “The Business of Greening: Policy Measures for Green Business Development in Asia.”
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Public-private partnerships have an important role to play in upgrading solid waste management in Asia, according to lessons learned from a five-city project undertaken by the Asian Development Bank (ADB) over the past three years.
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The Government of Germany and the Asian Development Bank Monday announced their intention to launch an Asia Climate Finance Facility (ACliFF) in 2017. The announcement came on the first day of the ADB’s 49th Annual Meeting, the first ever held in Germany, the bank’s biggest European shareholder.
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