ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
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ADB, Indonesia Launch Net Zero Strategy for New Capital City
ADB is supporting the development of a Net Zero Strategy for Indonesia’s new capital city, Nusantara, which was launched today on the sidelines of COP28 in Dubai. The Strategy serves as a “compass” for the Nusantara Capital Authority (NCA) in planning, developing, and managing the city to achieve carbon neutrality by 2045. -
ASEAN Needs to Focus on Boosting Quality of Life to Build a Resilient and Inclusive Community — New ADB Report
ASEAN members must shift from meeting basic development targets to ramping up efforts to improve quality of life across the region to build a resilient ASEAN and yield a faster recovery from the COVID-19 pandemic, says a new ADB report. -
ADB, Switzerland Sign $5 Million Cofinancing Agreement to Improve Access to Finance for SMEs in Viet Nam
ADB and Switzerland signed a cofinancing agreement of up to $5 million to nurture financial technologies that can help address low financial inclusion in Viet Nam, particularly among small and medium-sized enterprises. -
Indonesia’s Economy to Return to Growth in 2021 — ADB
Indonesia’s growth rate is expected to reach 4.5% in 2021 and 5.0% in 2022 amid improving global conditions and a gradual reopening of the economy, says a new report by the Asian Development Bank released today.
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ADB Commits to Work with Indonesia for Sustainable Recovery from the Pandemic
ADB commits to support Indonesia in achieving inclusive and sustainable recovery from the COVID-19 pandemic and boosting its medium-term economic outlook.
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Global Pandemic to Affect Indonesia's 2020 Economic Prospects, But Recovery Forecasted for 2021 — ADB
With developing Asia barely growing in 2020, Indonesia’s economy is expected to contract by 1.0% in 2020, according to new forecasts from ADB. But the country’s economic growth would reach 5.3% in 2021, thanks to stronger...
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ADB Approves $300 Million Loan to Increase Indonesia's Geothermal Electricity Generation
ADB has approved a $300 million loan to help PT Geo Dipa Energi, an Indonesian state-owned company, expand its geothermal power generation capacity by 110 megawatts in Java, the country’s largest electricity grid and a...
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ADB, UNICEF Join Forces to Respond to COVID-19, Support Children in Indonesia
ADB and UNICEF vowed to support inclusive development and promote the wellbeing of children and young people in Indonesia, including in the country’s fight against the novel coronavirus disease (COVID-19) pandemic, in an MOU.
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Indonesia’s Economic Growth to Slow in 2020 on COVID-19 Impact, but Gradual Recovery Expected in 2021
Indonesia’s economy is expected to grow by 2.5% in 2020 amid the COVID-19 pandemic, down from 5.0% in 2019, according to an ADB report released today.
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ADB Loan to Boost Private Infrastructure Investment in Indonesia
ADB has approved a $100 million financial intermediary loan to the Government of Indonesia to help catalyze private sector investments in infrastructure projects.