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24 Oct 2021 Manila, Philippines
Asian Development Bank Boosts Climate Finance Goal
The Asian Development Bank plans $66 Billion USD for climate mitigation, with the remaining to be used to support adaptation efforts including improving water security across developing member countries.
12 Mar 2021 STOCKHOLM, Sweden
Philippines Georeserve Project Wins Water ChangeMakers Award
More than 350 individuals and groups from over 80 countries submitted their change journeys, highlighting the water decisions they have made to improve climate resilience.
13 Jan 2021 MANILA, Philippines
Water Security Key Priority In Asia's COVID-19 Recovery
A water development report published by the Asian Development Bank (ADB) last month urges regions across Asia and the Pacific to prioritise water security as part of their COVID-19 recovery initiative to support economic growth and increase social well-being. Asian Water Development Outlook (AWDO) 2020 outlines water sustainability progress and identifies areas which are in need of greater water security to guide future investment decisions and assist Asia in achieving their United Nations Sustainable Development Goals...
11 Dec 2020 GENEVA, Switzerland
UNICEF Issues Record $6.4 Billion USD Emergency Fund Appeal In The Year Of COVID, Conflict, Climate Crises
UNICEF issued its annual funding appeal on 3 December, seeking an unprecedented $6.5 Billion USD to meet needs through 2021. This is an increase of about 35 Percent more than requested for 2020 and reflects the rise in humanitarian needs and the funding gaps brought on by continued crises and the COVID-19 pandemic...
8 Dec 2020 MANILA
Coca-Cola, PepsiCo, Nestlé Still Top League Of Worst Plastic Polluters
The Coca-Cola Company, PepsiCo and Nestlé are ranked as the world’s top plastic polluters for the 3rd consecutive year according to Break Free From Plastic‘s report “BRANDED Vol III: Demanding Corporate Accountability for Plastic Pollution”. This year, Break Free From Plastic’s brand audit — an annual citizen action initiative that involves counting and documenting the brands on plastic waste found in communities across the globe collected 346,494 pieces of plastic from 55 countries...
28 Nov 2020 MANILA, Philippines
Major Flood Control Projects Announced After Unprecedented Typhoon Season Hits Manila
Heavy rain from an unprecedented five tropical storms since 25 Ocotber has caused severe flooding and mass displacement in metropolitan Manila, Philiipies. One of these has been the 21st tropical cyclone to hit the Philippines this year, arriving just two weeks after Typhoon Rolly, which has been recorded as the strongest typhoon of 2020, so far...
18 Nov 2020 MANILA, Philippines
Duterte Approves New Contracts For Manila Water Concessions
New water concession agreements for the two suppliers to Philippnes capital city Manila have been approved by the administration of President Duterte. The terms of the agreements, drafted by four governmental departments in consultation with the Asian Development Bank, were presented to Duterte by Justice Secretary Menardo Guevarra on 11 November...
18 Nov 2020 NAGA
Improved Storage Capacity To Minimise Flooding In Bicol River Basin
President Rodrigo Duterte on Sunday expressed support for a Bicol River Basin which may help minimize incidences of flooding through improved storage capacity of rivers and lakes. This, after Presidential Adviser for Bicol Affairs Marvel Clavecilla mentioned a Bicol River Basin project which was discontinued because of lack of funding and social impact to residents living in the area.
7 Oct 2020 MANILA, Philippines
Investment To Improve Water Resources of River Basin in China's Yunnan Province
The Asian Development Bank (ADB) and the government of China have agreed to collaborate in a $234.6 Million USD project to clean up water resources and the environment of the Sayu River Basin in Yunnan Province.The project includes programmes to strengthen wastewater management and pollution control...
2 Sep 2020 MANILA
WASH Investment Role In Tackling Pandemics In Asia
Stronger and more integrated risk management is needed on health and water-related disasters in the wake of the coronavirus disease (COVID-19) pandemic, experts heard today at an international online conference held in the presence of the Emperor Naruhito and Empress Masako of Japan. “The pandemic has highlighted the critical importance of water, sanitation, and adequate hygiene services—or WASH—which are the primary line of defense against the spread of COVID-19, as well as water-borne and other diseases,” ADB President Masatsugu Asakawa said in welcome remarks...
31 Aug 2020 MANILA
Razon Takeover Of Manila Water Approved
The Philippine Competition Commission (PCC) has approved the acquisition by Enrique K. Razon Jr. of a controlling stake in Manila Water Inc. through Trident Water Holdings Company Inc. (Trident Water). The transaction involves the acquisition of the 51 percent-voting interest by way of Trident Water’s subscription of 820 million common shares of stock from the unissued authorized capital stock of Manila Water.
20 Aug 2020 MANILA, Philippines
ADB, ICRC Leaders Discuss Collaboration Around Development, Peace, Clean Water Access
The heads of the Asian Development Bank (ADB) and the International Committee of the Red Cross (ICRC) have met to discuss areas of potential collaboration and share expertise and knowledge. With the increasing overlap of development issues with the humanitarian and peace issues, collaboration on to address issues is seen as an opportunity to combine respective strengths with respect to access to clean water, health and health systems, social cohesion, food security, resilience...