Philippines Report

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ADB raises climate financing to $100 billion up to 2030

ADB raises climate financing to $100 billion up to 2030

The Asian Development Bank (ADB) has increased its climate financing to developing member countries (DMCs) amid interconnected challenges of the coronavirus disease (COVID-19) pandemic and the climate crisis. In a statement, the Manila-based multilateral institution said on Wednesday, Oct. 13, [...]

October 14, 2021 Business, Finance
Fed to sell off assets from an emergency loan program

Fed to sell off assets from an emergency loan program

The Federal Reserve said on Wednesday that it will start selling off the holdings of one of its emergency lending programs created last year to stabilize financial markets at the height of the pandemic crisis. The Fed will begin winding [...]

June 3, 2021 Finance