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Articles on Asian Development Bank

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Developing countries are calling for more funding and for changes at the World Bank. Sean Gallup/Getty Images

4 signs of progress at the UN climate change summit

The biggest issues at COP27 involve financing for low-income countries hit hard by climate change. A former World Bank official describes some promising signs she’s starting to see.
Major development banks are funding logging, mining and infrastructure projects that are having enormous impacts on nature. Here, forests are being razed along a newly constructed road in central Amazonia. William Laurance

Development banks threaten to unleash an infrastructure tsunami on the environment

Big new investors such as the Asian Infrastructure Development Bank are key players in a worldwide infrastructure, and that could be bad news for the environment.
China’s President Xi Jinping, pictured gesturing at center, last month launched the Asian Infrastructure Investment Bank, a project the US hopes to stymie. Reuters

China’s development bank plans test rising power’s strategic shift

In an influential speech in 2005, then-US deputy secretary of state Robert Zoellick called on China to become a “responsible stakeholder” in the international community. To optimists, China’s recent efforts…
Tony Abbott is meeting Chinese President Xi Jinping in Beijing this week. Lukas Coch/AAP

Abbott’s awkward APEC moment over Asian infrastructure bank

Forget shirt-fronting Russian President Vladimir Putin. Prime Minister Tony Abbott’s most challenging task this week will be breaking an uncomfortable silence with Chinese President Xi Jinping. And he…
The rehabilitation of Cambodia’s railways has involved the forced relocation of many families that live along the railway line. Neil Rickards

Beyond aid numbers: accountability for human rights abuses

In the lead-up to the federal government’s decision to delay the promised increase in the aid budget, a CARE Australia survey found strong public support for Australia’s international aid program. From…

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