Renewable energy
Infrastructure Minister Chris Bishop and Regional Development Minister Shane Jones have welcomed the approval of the first renewable energy project under the Fast-track Approvals Act. The project involves the continuation of the Tekapo power scheme, which includes the Tekapo A and B power stations and substations, and the canal system.
Economic development
New Murabba, a company under the Public Investment Fund (PIF), has welcomed 31 Saudi graduates into its Graduate Development Program, designed to equip them with the skills and knowledge needed to lead the development of its ambitious urban project. The program offers a comprehensive learning experience, including hands-on training, mentorship,
Economic development
The Asian Development Bank (ADB) is seeking the government's permission to issue bonds through mobile money to mobilize investment for Bangladesh's development. According to officials, the Manila-based lender plans to introduce the bond in the local currency in the domestic market first and, upon its success,
Economic development
Industry representatives have emphasized the need for long-term financing solutions for the growth of India's ports and shipping sector, citing the reluctance of bankers to lend for purchases of ships and port infrastructure. The lack of viable long-term financing options was highlighted by a finance head of a
Economic development
The Asian Development Bank (ADB) has approved a $180 million loan to strengthen Indonesia's geothermal energy capacity by supporting PT Geo Dipa Energy (GDE), a state-owned enterprise leading the country's geothermal power development. The new funding will support the construction and commissioning of two 55-megawatt geothermal
Economic development
Researchers at the China University of Mining and Technology have developed a comprehensive framework to evaluate the visual perception and reuse potential of coastal water heritage sites in eastern China. By integrating objective and subjective analysis, the framework aims to enhance both the visual quality and sustainable reuse potential of
Economic development
In Jing'an Township, Ganzhou District, Gansu Province, China, the local government has implemented a grazing loan program aimed at transforming straw resources into driving forces for industrial development. By providing support and guidance to farmers, the program has created a new picture of rural revitalization, where ecology is
Economic development
The National President of the Nigerian Metallurgical Society (NMS), Dr Fidelis Achiv, has emphasized the need for an urgent overhaul of Nigeria's mining laws to align with global best practices and ensure that subnational governments gain fairer economic benefits from mineral resources located within their territories. Speaking at
Economic development
The Green Climate Fund has approved a $250 million grant for a programme led by the Asian Development Bank (ADB) to strengthen water and agriculture systems in glacier-dependent regions of Pakistan, Central Asia, and the South Caucasus. The funding will support the 'Glacier to Farms' programme, which aims
Economic development
The Green Climate Fund (GCF) has approved $250 million for Glaciers to Farms, a flagship adaptation program led by the Asian Development Bank (ADB) to build resilient water and agriculture systems for vulnerable communities in glacier-dependent regions of Central Asia, the South Caucasus, and Pakistan. The program will focus on
Economic development
The Green Climate Fund has approved a significant $250 million funding package for the Glaciers to Farms programme, a flagship adaptation initiative led by the Asian Development Bank (ADB) aiming to build resilient water and agriculture systems in vulnerable communities across Central Asia, the South Caucasus, and Pakistan. This investment,
Economic development
The Green Climate Fund (GCF) has approved $250 million in financing for the Asian Development Bank's (ADB) flagship regional initiative, "Glaciers to Farms," aimed at building sustainable water and agricultural systems in Central Asia, the South Caucasus, and Pakistan. The program addresses the rapid melting of
