Thursday, August 13, 2009

Investing in Sustainable Infrastructure: Improving Lives in Asia and the Pacific

Asian Development Bank
June 2009



Impressive economic gains in Asia and the Pacific have been accompanied by a decline in the region's natural capital and unprecedented levels of air and water pollution. Meanwhile, hundreds of millions of people in the region are still not enjoying the benefits of recent economic expansion. Disparities in incomes and living standards are growing wider, and the worldwide financial crisis will likely amplify these disparities. And due to the impacts of climate change, the region's remaining poor are growing more vulnerable to natural disasters, sea level rise, and droughts.

The Asian Development Bank is committed to responding to these challenges by supporting the development of sustainable infrastructure in the region. Through our public and private sector operations departments and our Sustainable Infrastructure Division, we are developing loans, investments, technical assistance projects, and regional programs that promote cutting-edge, cost-effective, and clean technologies. In all of our efforts, we are working to build good governance and development capacities in our developing member countries, including improving the cost-effectiveness of public services and broadening inclusiveness so that the poor are able to participate in, benefit from, and contribute to the growth process.

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