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Asian Development Bank UPSC NOTE

 

  • ADB, established in 1966 is owned by 68 members-49 from the region.

  •  It is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty.

  • Further, it assists members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

  • It aims to promote social and economic development in Asia and the Pacific.

  • It is headquartered in Manila, Philippines.

  • As of 31st December 2019, ADB’s five largest shareholders are Japan and the United States (each with 15.6% of total shares), the People’s Republic of China (6.4%), India (6.3%), and Australia (5.8%).

  • India is establishing the first WHO Centre for Global Traditional Medicine in Gujarat and a climate change and health hub in New Delhi in partnership with the Asian Development Bank (ADB).

  • The WHO outpost in Jamnagar will focus on global health matters related to traditional medicine, ensuring its quality, safety, and accessibility, developing standards and guidelines, and creating tools for data analysis.

  • The climate change and health hub in New Delhi aims to address the impact of climate change on health, with various partners collaborating and learning from each other.

  • India's G-20 outcome document emphasizes that climate change contributes to health emergencies and the spread of diseases, as well as increasing the severity and frequency of natural disasters.

  • India commits to developing climate-resilient health systems, promoting low-carbon and sustainable healthcare supply chains, mobilizing resources, and collaborating through initiatives like the WHO-led Alliance for Transformative Action on Climate and Health (ATACH).


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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: Asian Development Bank UPSC NOTE
Asian Development Bank UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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