Cebu Airport Expansion Clears Path for Future Large-Scale PPPs in Philippines
Distinguished as 2015 Transport Deal of the Year by Project Finance International magazine, the project is a milestone for the government's PPP program.
New Highway to Open Up Trade, Investment in Western Mongolia
Western Mongolia struggles to attract investment due to high transportation costs, but thus may soon change with the construction of a new regional corridor.
How to Integrate Violence Against Women Prevention, Response in Urban Transport
A quick reference guide for for mainstreaming prevention of and response to violence against women and girls in urban transport interventions.
First Bond Issue Under Guarantee Facility Can be a Boon for Indian Infrastructure
The first bond issue under a project bond guarantee facility set up in 2012 by ADB and IIFCL is a landmark achievement for Indian infrastructure development, as credit enhancement can help draw in money from insurance companies and pension funds.
Time to Scale Up Sustainable Transport in Asia and the Pacific
With the overall goal of scaling up sustainable transport by up to 50% of loans and grants by 2017, ADB plans to work more closely with its developing member countries on sustainable transport options that could fit their development master plans.
Working in Conflict-Affected Areas – The Myanmar Experience
ADB is committed to finance the last stretch of a regional transport corridor that includes a road passing through Myanmar’s restive Kayin State. It would have been easier for ADB to simply avoid a conflict-affected area, but we did not shy away from the challenge.
Will Asian Investment Follow Trade with Latin America?
Latin America is now firmly on the economic radar of Asia in the post-global financial crisis world, with both regions having grown faster than the world economy.
Will We See an ASEAN Economic Community by 2015?
Launched as a political bloc and security pact in the aftermath of the Viet Nam War, the Association of Southeast Asian Nations (ASEAN) has evolved to embrace an ambitious economic agenda. Its latest project is to establish the ASEAN Economic Community by 31 December 2015. But is this likely?
Will the Green Climate Fund Pledges Create a Momentum for Ongoing Climate Negotiations?
The recent formal pledging session for the Green Climate Fund (GCF)—more than $9 billion in just 5 months—is by far the most successful resource mobilization ever seen for a multilateral climate fund. The US has pledged $3 billion, followed by Japan ($1.5 billion), UK ($1.13 billion), and Germany and France (with $1 billion each). Four developing countries—Indonesia, Mexico, Mongolia, and Panama—have made pledges, breaking the traditional donor boundaries.
Window of Opportunity Still Open on Climate Action
A set of reports by the Intergovernmental Panel on Climate Change (IPCC), the last of which was released on November 2, 2014, sets the scene for governments to renew their efforts on the issue through ambitious commitments for a comprehensive climate agreement in Paris in December 2015.