Asian Development Bank

Cascading shocks have derailed years of development progress in Asia and the Pacific.

Against this backdrop, ADB has approved a new roadmap to guide its evolution and help achieve a prosperous, inclusive, resilient, and sustainable future: https://ow.ly/5v7P50Th2Nm

Honored to see the Financial Times name ADB’s General Counsel, Thomas Clark, among the top 15 in-house legal leaders for 2024.

The report highlights Mr. Clark’s leadership and the strategic advice he provides to support ADB operations across Asia and the Pacific.

The FT top 15 in-house legal leaders The company lawyers featured below are helping their businesses adapt to a wide range of challenges

Multilateral development banks have announced that their global climate finance reached a record high of $125 billion last year.

The announcement comes in the run-up to COP29 to be held in Azerbaijan this November: https://ow.ly/qfHs50TrA46

The rapid expansion of electricity generation capacity has helped Indonesia overcome its power supply constraints but has left the system heavily reliant on fossil fuels.

ADB's $500 million loan will help accelerate the country's energy transition and achieve net-zero emissions by 2050.

Read more: https://ow.ly/Vp6M50TrrIk

Join ADB and help us shape the future of development in Asia and the Pacific. Explore our current job openings and apply today:

📍 Senior/Principal Economist: https://ow.ly/PIlx50TnVCQ

📍 Transport Specialist: https://ow.ly/xnYE50TnVEh

📍 Integrity Specialist: https://ow.ly/EOLR50TnVEH

ADB President Masa Asakawa and Pakistan President Asif Ali Zardari met today to discuss the government’s economic reforms and ADB’s support for the country’s development priorities.

During his 4-day visit to Pakistan, Mr. Asakawa focused on macroeconomic reforms, infrastructure development, and efforts to enhance climate resilience.

Read more: https://ow.ly/yoXm50TpetQ

We have partnered with JBM Group to expand access to electric buses in the Indian states of Haryana and Odisha.

The project will support the procurement of up to 650 e-buses and fund the cost of operations, maintenance, and deployment of depots and charging infrastructure: https://ow.ly/Cwgc50TnPsu

The private sector helps develop resources, create jobs, and drive innovation. It’s also essential for bridging significant financing gaps in Asia and the Pacific.

ADB focuses on supporting businesses and attracting investments that will tackle development issues such as climate change, food security, and gender equality.

Learn more about our work: https://ow.ly/cvMc50TmG2P

The Philippines is on a path to becoming an upper middle-income country, but more needs to be done to ensure everyone benefits from this growth.

In its new country strategy, ADB commits to helping the country in three critical areas: human development, economic competitiveness, and quality infrastructure, while boosting nature-based investments and disaster resilience.

Learn more: https://ow.ly/U95350TjGyH

A recent global survey evaluating the educational performance of 15-year-old students shows that many Southeast Asian countries are falling behind.

How can the region improve learning outcomes?

By investing more in education. Here’s why: https://ow.ly/fh4O50TkRq2

Cascading shocks have derailed years of development progress in Asia and the Pacific.

ADB is leading the charge on MDB evolution in response to these changing needs by updating its vision to focus on the region's most pressing issues.

Learn more: https://ow.ly/Z6jY50TkNiS

ADB has launched a new strategy to help Bhutan address economic obstacles and enable inclusive, sustainable, and resilient growth.

The strategy will reinforce public sector management and private sector development, climate adaptation and resilience, and human capital development: https://ow.ly/in7850TmEtp

Join ADB and help us shape the future of development in Asia and the Pacific. Explore our current job openings and apply today:

📍 Senior Climate Change Specialist https://ow.ly/fOcq50TkKhs

📍 Education Specialist https://ow.ly/YAgF50TkKht

📍 Integrity Specialist https://ow.ly/TXnn50TkKhu

Are you a contractor, supplier, or consultant looking to make an impact in the Pacific region?

Don’t miss the opportunity to connect with industry leaders and explore business opportunities at the Pacific Contractors, Suppliers, and Consultants Road Shows hosted by ADB.

🔗 Learn more and register here: https://ow.ly/RT0O50TivfR

We have updated our corporate strategy to increase our support for key development issues in Asia and the Pacific.

The new road map will guide our transformation and help us respond to challenges that threaten a prosperous, inclusive, resilient, and sustainable future.

Read more: https://ow.ly/5v7P50Th2Nm

Launch your career at ADB!

Our Young Professionals Program needs dynamic and motivated people like you to shape the future of development in Asia and the Pacific.

We are accepting applications until 4 October: https://ow.ly/wMa050TegyF

Nana Dvali owns a bakery in Kutaisi, Georgia. Small and medium-sized companies like hers are critical to the country's economy and provide more than half of all jobs. However, they often face financial barriers to start or expand their businesses.

An ADB project helped women entrepreneurs like Nana access loans to grow their businesses and create jobs.

Learn more about our work in Georgia: https://ow.ly/gvxm50TarRu

ADB President Masatsugu Asakawa today announced his intention to step down from his position, effective 23 February 2025.

President Asakawa has served as ADB President since 17 January 2020.

Read his statement: https://ow.ly/877c50TiyOl
Read the announcement: https://ow.ly/RFkc50TiyOm

The development landscape for Asia and the Pacific is changing at an unprecedented rate.

Our updated corporate strategy will deepen our focus on five strategic areas where the bank can have a bold impact on poverty reduction and economic and social development.

Learn more: https://ow.ly/5v7P50Th2Nm

Women and girls in the Solomon Islands face significant challenges in accessing higher education.

Our study shows how improving access to tertiary education can drive economic growth and advance gender equality: https://ow.ly/SYzC50Tat0w

ADB has approved an ambitious road map to guide our evolution and scale up our support on key development issues in Asia and the Pacific.

The update to our corporate strategy outlines how we will transform and respond to challenges that threaten a prosperous, inclusive, resilient, and sustainable future.

Read more: https://ow.ly/85CJ50Th1Nb

With employees from more than 60 countries, ADB is a place of real diversity.

Explore our current job openings and apply today: https://ow.ly/wo5A50TcaQi

The Philippines is one of the fastest-growing economies in Southeast Asia.

Its robust investment grade rating, dynamic services sector, and higher public investment are attracting more foreign investments.

ADB's new country partnership strategy will ensure that growth is not only sustained but also inclusive and resilient in the face of climate challenges: https://ow.ly/riFm50Tg4mC

People with disabilities are among the poorest in Asia and the Pacific and face challenges such as social exclusion, inequality, and extreme poverty.

As the region ages rapidly, the issue is expected to receive more public attention. This will require action on affordable assistive technology, development of long-term care systems, and inclusive infrastructure.

Our publication focuses on paths to greater disability inclusion in ADB projects, research, and systems: https://ow.ly/ROB250Tcket

The battle against climate change will be won or lost in Asia and the Pacific.

Green and blue bonds mobilize capital for projects that will protect natural resources and help developing member countries address the impacts of climate change across the region. Learn more: https://ow.ly/c5cL50Tavfb

Progress towards the Sustainable Development Goals, the ambitious agenda to address global development challenges by 2030, has been impeded by unprecedented shocks.

Our report shares how a renewed focus can help Asia and the Pacific get back on track to achieving a prosperous, inclusive, resilient and sustainable future: https://ow.ly/5HlG50T9qvo

While pedestrians are the largest group of road users, their needs and safety are often overlooked.

A new publication shows how wise investment in pedestrian facilities can save lives, prevent injuries, and return major economic benefits: https://ow.ly/nHav50T77Vl

Each region has its unique climate patterns, ecosystems, hazards, vulnerabilities, and capacities to cope with climate change and its impacts.

Timely data is essential to help understand and address the challenges each economy faces.

Enhanced data availability can empower policy makers to design policies that protect economies, ensure sustainability, and support the most vulnerable.

Read our Key Indicators report to learn more: https://ow.ly/FYVU50T4FQC

Viet Nam has weathered the impacts of COVID-19. The economy is now growing, propelled by domestic consumption, exports, and foreign investments.

ADB is working with the government to promote green growth, harness the private sector, and uphold social equity.

Read more: https://ow.ly/Xal950QztpX