ADB Announces New Programme to Fight Climate Change

The Asian Development Bank (ADB) on Tuesday announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support for the region in the battle against climate change.
Lost Russian oil revenue is bonanza for shippers, refiners

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and refining firms, some with Russian connections.
Analysis: Amid Bukele’s bitcoin hype, not all Salvadorans ‘Feel the Bit’

El Salvador’s President Nayib Bukele took the stage last weekend at the end of “Bitcoin Week” to the cheers of fans delighted his Central American country has become the first to adopt crypto currency as legal tender, alongside the U.S. dollar.
How can water utilities in the Pacific use the pandemic to become more resilient?

By Vivian Castro-Wooldridge Protecting and managing the water supply, even in the face of threats and challenges, is a key responsibility for utility companies and governments across the Pacific region. For many people in the Pacific, COVID-19 presents yet another challenge in a region familiar with natural hazards and the accompanying disruptions to everyday life. […]
For state-owned power utility companies in the Pacific, it’s time to cut the cord

State-owned power companies in the Pacific are increasingly becoming a fiscal risk in part due to their outdated management practices. Reforms are needed to allow them to prosper and perform into the future.
Here’s how we can get more people in Asia and the Pacific connected to the internet

Everyone should have reliable access to the internet. If we face another situation like COVID-19 in the future, enhanced internet connectivity will make us better prepared to handle it.