India and ADB Sign Loan Agreement For Water Security in Meghalaya

The Government of India has partnered with the Asian Development Bank (ADB) and they signed a loan agreement worth $50 million, which aims to enhance water security in Meghalaya and also focuses on climate change adaptation for local communities. Project ..

Month: Current Affairs - December, 2024

Category: Environment Current Affairs

ADB to Boost Climate Lending by $7.2 Billion with First-Ever U.S., Japan Guarantees

The Asian Development Bank (ADB) is set to increase its climate-related lending. This follows an agreement between the United States and Japan to underwrite risks for existing loans. This initiative marks the first instance of sovereign guarantees for climate finance. ..

Month: Current Affairs - November, 2024

Category: Environment Current Affairs