The Asian Development Bank (ADB) and Pakistan today signed a $335 million loan to help develop a Bus Rapid Transport (BRT) system in Peshawar, the capital city of Khyber Pakhtunkhwa province. The project will improve public transport of the city through a state of the art integrated BRT system.
Pollution and Health
Efforts by the African Development Bank (AfDB) to upgrade Africa’s agriculture sector is yielding good results with about 5.6 million people benefiting from the Bank’s interventions in the past year.
Litter in the seas is a major global environmental problem. In connection with the Ocean Conference in New York, Sweden is joining the Clean Seas Campaign, a global UN Environment initiative to reduce marine litter. Sweden will also provide financial support to UN Environment’s work on the issue.
Every year, the ocean economy has an estimated turnover of between US$3 and 6 trillion. This includes employment, ecosystem services provided by the ocean, and cultural services. It is also estimated that fisheries and aquaculture contribute $US100 billion per year and about 260 million jobs to the global economy.
Sida launches a new conceptual framework for understanding poverty in multiple dimensions. The framework is part of an initiative by Sida to further strengthen its poverty focus and its contribution to Agenda 2030.