ADB Seminar Discusses Financing Climate Change in Asia and the Pacific

2 May 2010: The Asian Development Bank (ADB) held a seminar on "Financing Climate Change and Sustainable Development Action in Asia and the Pacific" during its Annual Meeting, held in Tashkent, Uzbekistan, on 2-4 May 2010.

During the seminar, panelists warned that recent projections on increasing glacial melt and warmer temperatures may reduce river flows in Central Asia by as much as one-third by 2040 to 2050. This in turn may disrupt hydropower, irrigation and potable water supply. Discussions centered on the urgency for action, the enormity of financial requirements, and the need to attract private sector partners. [ADB Seminar on Financing Climate Change in Asia and the Pacific]