New collaboration will support sustainable and inclusive economic growth across Asia
WASHINGTON/MANILA (SEPTEMBER 9, 2015)— Today, the Asian Development Bank (ADB) and World Resources Institute (WRI) announced a new knowledge partnership to support Asian economies on their path to inclusive and environmentally sustainable growth.
“Asia has many of the most vibrant and rapidly developing countries in the world. We are excited to deepen our collaboration with the ADB on ideas and actions that will benefit people and the environment,” said Dr. Andrew Steer, president and CEO, WRI. “There is no doubt that sustainability challenges will not be solved globally unless they are solved in Asia. WRI is committed to closely with ADB and other partners scale up solutions in Asia, and to bring these learnings to the rest of the world.”
ADB is a regional development bank that aims for an Asia and Pacific free from poverty and WRI is a global research and development organization that focuses on challenges at the nexus of human development and the environment. The partnership is rooted in common goals and complementary strengths on climate change, energy, cities, water, forests, food, governance and finance.
“We see this partnership combining the intellectual, technical and financial resources of ADB with WRI’s expertise from its global network to jointly deliver solutions to sustainability challenges on the ground,” said Carmela Locsin, director general of ADB’s Sustainable Development and Climate Change Department.
By bringing global perspective, the partnership will broaden ADB’s response to the demands of its middle income member countries. It will also provide WRI an anchor to gain knowledge and lessons from ADB’s operations on effective sustainable development approaches, instruments and solutions.
The Asian Development Bank (ADB), based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, it is owned by 67 members—48 from the region. In 2014, ADB assistance totaled $22.9 billion, including cofinancing of $9.2 billion. http://www.adb.org/
World Resources Institute (WRI) is a global research organization that turns big ideas into action at the nexus of environment, economic opportunity and human well-being. Our 450 experts and staff work with partners in more than 50 countries; we have offices in Brazil, China, Europe, India, Indonesia, Mexico and the United States. http://www.wri.org