• About
  • Advertise
  • Careers
Monday, May 12, 2025
  • Login
No Result
View All Result
Hindustan Surkhiyan
52 °f
New York County
  • World
  • USA
  • New York
  • Bangladesh
  • India
  • Sports
  • Entertainment
  • Science & Tech
  • More
    • Opinion
    • Fashion
    • Business & Economy
    • Interview
    • Literature
      • poetry
    • Lifestyle
      • Biography
    • Nature
    • Travels
    • Cartoons
  • বাংলা
  • World
  • USA
  • New York
  • Bangladesh
  • India
  • Sports
  • Entertainment
  • Science & Tech
  • More
    • Opinion
    • Fashion
    • Business & Economy
    • Interview
    • Literature
      • poetry
    • Lifestyle
      • Biography
    • Nature
    • Travels
    • Cartoons
  • বাংলা
No Result
View All Result
Hindustan Surkhiyan
Home Business & Economy

ADB announces mobilising $200m for water resilience programme in Asia, Pacific

November 12, 2022
in Business & Economy
Reading Time: 2 mins read
A A
ADB announces mobilising $200m for water resilience programme in Asia, Pacific
3
VIEWS
Share on FacebookShare on Twitter

The Asian Development Bank (ADB) recently joined with partners at COP27 to announce the ambition to mobilise more than $200 million from 2021 until 2025 to create water and sanitation resilience and security in Asia and the Pacific.

The Asia and the Pacific Water Resilience Initiative, also known as RUWR: ARe yoU Water Resilient?, is a wide-ranging programme aiming to build capacity and resources for innovative solutions to mainstream resilience by addressing gaps, needs, and opportunities at the local level.

It is part of ADB’s commitment to scale up financing for climate change adaptation, according to an ADB statement.

Building on the mobilisation of more than $80 million in 2021–2022, ADB recently welcomed new support to take effect in 2023.

The Netherlands is supporting the initiative with a $20 million contribution to the newly established Water Resilience Trust Fund, which falls under the banner of RUWR and will focus on adaptation, innovation, and inclusivity to accelerate water resilience.

The Bill & Melinda Gates Foundation is providing $10 million to the Sanitation Financing Partnership Trust Fund under the initiative, which will help expand inclusive urban sanitation services, pilot and upscale sanitation technology and innovations, and support policies and capacities to deliver inclusive, resilient, and sustainable sanitation systems.

ADB plans to allocate more than $120 million in grants between 2023 and 2025 for water and sanitation security and resilience to support the initiative.

It has also established a technical assistance (TA) cluster of $8.0 million, called Mainstreaming Water Resilience in Asia and the Pacific, which will manage the RUWR. The TA cluster is funded by ADB resources, the e-Asia and Knowledge Partnership Fund, and the Japan Fund for a Prosperous and Resilient Asia and the Pacific.

The contributions from the Netherlands and the Bill & Melinda Gates Foundation will add to the $115.9 million in grant financing received from partners under the Water Financing Partnership Facility (WFPF), which has supported 113 ADB investment projects in 20 countries since 2006. The governments of Spain and Austria are also WFPF funding partners.

“Water is one of the world’s most critical natural resources and one increasingly threatened by the impacts of climate change in Asia and the Pacific. It is the primary medium through which we will feel the effects of climate change,” said ADB’s Chief of Water Sector Group Neeta Pokhrel. “Small transformational steps toward water and sanitation resilience today will mean we can make great strides in climate adaptation at the local level.”

“Climate change threatens millions of people in Asia and the Pacific. Women and children are the most affected,” said head of the water unit at the Ministry of Foreign Affairs of the Netherlands Karin Roelofs. “We have to join hands to make the water sector more resilient.”

“In the face of more frequent and severe flooding, as well as in drought-affected areas, lack of resilient sanitation systems is a major public health hazard. The spread of disease from poor sanitation has the greatest impact on the poorest families in vulnerable, disaster-prone areas,” said Bill & Melinda Gates Foundation President Rodger Voorhies.

“Our support to the Sanitation Financing Partnership Trust Fund is a pledge to our continued partnership with the Asian Development Bank in building systems, knowledge, and capacity for urban water resilience in the region and ensuring that sanitation is central to this effort,” Voorhies said.

Previous Post

Russia says it renewed demands over fertiliser exports at UN talks

Next Post

China says it will continue fine-tuning COVID measures

Related Posts

Euro drops to 20-year low, approaches parity with dollar

Bangladesh receives $2.54bn in remittance in June, highest in 47 months

July 1, 2024
World’s richest have never been so wealthy: study

World’s richest have never been so wealthy: study

June 5, 2024
US dollar rate soars to Tk 112 in kerb market in Bangladesh

Dollar price falls in kerb market

November 12, 2023
US plans to build a $553m terminal at Colombo port in rivalry with China

US plans to build a $553m terminal at Colombo port in rivalry with China

November 9, 2023
Next Post
China says it will continue fine-tuning COVID measures

China says it will continue fine-tuning COVID measures

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Recent

To Go to War or Not: A Reflection on India’s Current Path!

To Go to War or Not: A Reflection on India’s Current Path!

May 9, 2025
India deportation flight likely cost US more than $1 mn

India deportation flight likely cost US more than $1 mn

February 7, 2025
Hasina’s extradition: ‘India has not responded to Dhaka’s request’

Hasina’s extradition: ‘India has not responded to Dhaka’s request’

February 7, 2025
“Brahmin Should Handle Tribal Affairs”: Minister Sparks Row, Then Clarifies

“Brahmin Should Handle Tribal Affairs”: Minister Sparks Row, Then Clarifies

February 2, 2025
Manipur Kuki Body Leader Faces Action After Mob Tries To Stop Forces From Destroying Poppy Fields

Manipur Kuki Body Leader Faces Action After Mob Tries To Stop Forces From Destroying Poppy Fields

February 2, 2025

Follow Us

Shah J. Choudhury
President
Husneara Choudhury
Editor
A Unit of Shah Group
USA Office: 70-52 Broadway 1A, Jackson Heights, NY 11372. Contact:‭ +1 (718) 496-5000.
Bangladesh Office: F-29, Road-01, Sector-02, Aftabnagar, Dhaka-1212.
India Office: 352, Block A, Sector 2, Rohini, New Delhi 110085. Contact: +91 987 343 8786.
Email: hindustansurkhiyan@gmail.com, www.hindustansurkhiyan.com

A Unit of Shah Group
© Copyright 2022, All Rights Reserved by Hindustan Surkhiyan
Privacy Policy   Term & Conditions

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • World
  • USA
  • New York
  • Bangladesh
  • India
  • Sports
  • Entertainment
  • Science & Tech
  • More
    • Opinion
    • Fashion
    • Business & Economy
    • Interview
    • Literature
      • poetry
    • Lifestyle
      • Biography
    • Nature
    • Travels
    • Cartoons
  • বাংলা

© Copyright 2022, All Rights Reserved by Hindustan Surkhiyan

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.