South Korea commits $3 mn to aid climate action efforts in Central Asia

11 Nov 2024 CW Team

The South Korean government announced that it plans to donate $3 million over the next three years to support climate change initiatives in Central Asia.

According to the finance ministry, the agreement for this contribution to the Climate and Sustainability Project Preparatory Fund was signed on Friday during ministerial-level meetings in Kazakhstan under the Asian Development Bank's (ADB) CAREC program. This program is a collaboration among 11 countries and development partners focused on advancing regional growth and cooperation, as reported by Xinhua News Agency.

The ministry also stated that South Korea, a founding member of ADB's newly established fund, will make the largest contribution among its founding members.

The fund will be used to develop infrastructure, promote energy projects, and support agriculture, fisheries, and the stabilization of regional supply chains. The ministry expressed hope that the fund would enhance communication and partnerships between South Korea and Central Asian countries, potentially leading to various climate-focused projects driven by Seoul's contribution.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Infrastructure Transport

30 Jun 2026

Noida International Airport

Noida International Airport (NIA) is not just another capacity addition to India’s aviation map. It is a test case in whether India can build airport infrastructure that is scalable from Day 1, operationally efficient at launch, and resilient enough to grow without the familiar pain points of brownfield expansion.Its significance lies not merely in the first phase but in the way the airport has been planned for its fourth. Scheduled to begin commercial operations on 15 June 2026, NIA’s first phase comprises one runway and one passenger terminal designed to handle 12 million passengers annu..

Real Estate

30 Jun 2026

Anyone not using AI today will seriously fall behind.

As enterprises grapple with fragmented data, multiple banking relationships and increasingly complex financial operations, AI is emerging as a powerful enabler of faster and more informed decision-making. Bengaluru-based Zenalyst is positioning itself at the forefront of this transformation through its AI-driven enterprise intelligence and treasury management platform. In this interaction, Nagendra Singh, CEO, Zenalyst, discusses how the company is leveraging AI to deliver real-time cash visibility, automate treasury operations and help real-estate developers make smarter financial decisions.W..

Infrastructure Urban

30 Jun 2026

Tap Off: What BMC's Water Cut Means for Mumbai realty?

By a circular dated June 17, 2026 (‘BMC Circular/Circular’), the Brihanmumbai Municipal Corporation (BMC) introduced temporary water conservation measures across Mumbai, citing the depletion of reservoir reserves to 10.35 per cent following the delayed monsoon, reportedly affected by El Niño conditions. The restrictions include disconnecting existing construction-related water connections, suspending new construction-related water connections, temporarily cutting water supply to swimming pools, and reducing supply to industrial, commercial and sports establishments by 20 per cent. Wh..