Current location:health >>
ADB operations reach $23.6B in 2023
health9491People have gathered around
IntroductionThe Asian Development Bank (ADB)'s financial and operational expenses reached 23.6 billion U.S. ...
The Asian Development Bank (ADB)'s financial and operational expenses reached 23.6 billion U.S. dollars from its own resources in 2023, including 9.8 billion dollars for climate action, to help Asia and the Pacific progress on sustainable development, according to a new ADB report released Thursday.
The Annual Report 2023 summarizes how the ADB supported its developing member countries to address the worsening climate crisis and the impacts of conflicts, food insecurity, and increased debt burdens, among other challenges.
The 23.6 billion dollars comprised loans, grants, equity investments, guarantees, and technical assistance provided to governments and the private sector. In addition to its resources, the ADB mobilized an additional 16.4 billion dollars in co-financing through partnerships.
The ADB invested heavily in building high-quality energy, transport, and other infrastructure essential for sustainable development. It further strengthened the region's human capital through increased support for education and health.
Addressing gender inequality continued to be a cornerstone of the bank's work, with almost all its 2023 operations contributing to reducing remaining imbalances, including support to mitigate the disproportionate gender impacts of climate change.
The report explains how ADB is evolving so it can help accelerate the region's progress toward sustainable development goals. Major capital management reforms introduced in 2023 will bolster the bank's future lending operations by unlocking up to 100 billion dollars in new lending capacity over the next decade.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Stream news portal”。http://slovenia.videocameralive.com/content-99b299696.html
Related articles
Blackout 2024: Why are social media users blocking celebrities?
healthNEW YORK (AP) — Some social media users are calling out celebrities for what they say is inaction in ...
【health】
Read moreChina sweeps 3 golds as badminton concludes at Hangzhou Asiad
health(Xinhua) 13:46, October 08, 2023HANGZHOU, Oct. 7 (Xinhua) -- China's shuttlers claimed three titles ...
【health】
Read more'Guardian Angels' of Wetlands
healthContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【health】
Read more
Popular articles
- FIFA sets date for first Women's Club World Cup. Tournament due to launch in January 2026
- Central gov't lauds passage of safeguarding national security bill in HKSAR
- 'Chestnut Princess' Helps Rural Residents Promote Agricultural Products via Livestreaming
- In pics: Women's Semifinals of Badminton at 19th Asian Games
- Mosque attack in Nigeria’s north injures at least 24 people, including children
- In pics: Women's Semifinals of Badminton at 19th Asian Games
Latest articles
Unapologetic high school student is expelled for live streaming vicious school fight
China's UFC warriors proud as punch
Special School Teacher Educates Minds and More of Hospitalized Students
ICU Nurse Devoted to Saving Lives
Barron Trump won't be serving as a Florida delegate to the RNC
Woman Revives Traditional Batik Craft, Helps Women Change Fates
LINKS
- Sean 'Diddy' Combs asks judge to dismiss 'false' claim that he, others raped 17
- Minor stakeholder Thierry Henry on hand to see Como promoted to Serie A
- Taylor Swift is related to the longest
- Giro leader Tadej Pogacar wins his third stage in the first week
- The United Auto Workers faces a key test in the South with upcoming vote at Alabama Mercedes plant
- Flash floods kill hundreds and injure many others in Afghanistan, Taliban says
- Kate Bosworth is a vision in sparkly low
- The 49ers are counting on new defensive coordinator Nick Sorensen to get the unit back to dominance
- Jennifer Garner, 52, reveals she had no difficulty conceiving her three kids with ex
- The United Auto Workers faces a key test in the South with upcoming vote at Alabama Mercedes plant