Terms searched: Asia-Pacific
16 Apr 2021 TOKYO, Japan
The Fukushima nuclear plant is running out of space to store radioactive water following its destruction in the 2011 earthquake and tsunami. Plans by owners TEPCO to begin discharging the "treated" water into the Pacific Ocean have been met with dismay by some but cautiously welcomed by others.
15 Sep 2020 SYDNEY, Australia
More than 1.2 billion people are at threat of being displaced by 2050, due to environmental change, conflict and civil unrest, warns a new report by think tank the Institute of Economics & Peace.Predictions include that by 2040, 5.4 billion people – more than half of the world's projected population – will live in the 59 countries experiencing high or extreme water stress, including India and China...
1 Apr 2020 GLASGOW, Scotland
The United Nations and the government of the United Kingdom announced 1 April that COP26, November’s key global climate summit in Scotland, will be suspended until 2021. “The middle of next year” is now anticipated for the event, postponed because of the COVID pandemic. Meantime the conference venue, the Scottish Exhibition Centre, is being repurposed as a hospital facility supporting the nation’s National Health Service in response to the COVID crisis...
26 Mar 2020 PHNOM PENH, Cambodia
The government of Cambodia has announced that the country will not develop new hydropower dams on the Mekong River for the next 10 years, putting two planned dams at Sambor and Stung Treng on pause. The decision means that Laos, which has opened two new dams in the past six months, is now the only country on the Lower Mekong Basin that is planning hydropower on the river...
30 Jul 2019 JAKARTA, Indonesia
Indonesia President Joko Widodo has put his weight behind plans to build a giant $42 Billion USD sea wall to protect the nation's capital Jakarta from sinking even further into the sea.Facing predictions that Jakarta (population 10 million) could be at least one-third submerged by 2050, Widodo has given a strong indication of his support for the wall project ahead of other proposed solutions...
11 Jun 2019 BEIJING, China
The Asian Infrastructure Investment Bank (AIIB) has announced approval of $90 Million USD loan participation in the $650 Million USD Upper Trishuli-1 Hydropower Project. The commitment is AIIB’s first project in Nepal.The Upper Trishuli-1 Hydropower Project is a 216-megawatt greenfield run-of-river hydropower on the Trishuli River...
3 Jun 2019 BANGKOK, Thailand
None of the United Nations’ 17 Sustainable Development Goals (SDGs) will be met by Asian countries by the 2030 target date, according to a new UN report.The claim came at the launch of a 2019 SDG Progress Report at the 75th session of the Economic and Social Commission for Asia and the Pacific (ESCAP) May 27...
1 Jun 2019 MANILA, Philippines
The Asian Development Bank (ADB) and the Multilateral Investment Guarantee Agency (MIGA) have signed a new Cooperation Agreement to support development investment in emerging economies.The three-year agreement, signed May 30, replaces previous alliances and sets out mutual commitments for stronger collaboration between the two institutions and private sector investors...
18 May 2019 SINGAPORE, Singapore
A new assessmsnt of the Asia-Pacific Water and Wastewater Services sector to 2022 covers services delivered to municipal (government) and industrial (private) sectors and includes treatment, supply, management, and use of water and wastewater.The market is emerging and presents many opportunities that are driven by rapid population growth, regional economic development, tightening environmental policies, and shifts in investment funding towards Asia...
13 Mar 2019 STOCKHOLM, Sweden
Leading Swedish investment firm EQT this week announced that the EQT Infrastructure IV fund has held its first and final close at its hard cap of $10.2 Billion USD after officially launching in September 2018.The Fund will primarily pursue investment opportunities in Europe and North America and may opportunistically explore opportunities in Asia Pacific...
7 Oct 2018 HONG KONG
IFC, a member of the World Bank, provided $2 billion in financing for its own account and mobilized $1.4 billion from other investors in the 2018 fiscal year, with IFC’s support enabling businesses to provide over 550,000 jobs, distribute power to 4.4 million people, provide water to 9.6 million people, and improve livelihoods of more than 710,000 farmers.
6 Aug 2018 SINGAPORE
Water that is lost before it reaches consumers, most commonly attributed to leaking pipes, theft and inaccurate metering is known as non-revenue water (NRW). It is especially prevalent in places with decaying infrastructure serving a population much larger than it was intended for and Yangon is a prime example...