The Asian Development Bank (ADB) is a multilateral development finance institution focused on promoting social and economic development in Asia and the Pacific. While not a space agency or manufacturer, ADB utilizes space-based technologies, such as satellite data, in its projects related to disaster management, climate change mitigation, infrastructure development, and urban planning. ADB partners with space agencies like JAXA and ESA to integrate space-gathered information into its development projects and is open to funding the space sector in India, aligning with Sustainable Development Goals.
All verified mentions of this organization in source documents.
The Asian Development Bank estimated that an expanded digital economy could add up to 11% to Indonesia’s national GDP over the next two decades.
Kacific secured $160,000,000 from the Asian Development Bank, GuarantCo, and other financiers to support Kacific-1.
The Asian Development Bank is providing $50,000,000 for Kacific-1 to help bring internet access to rural and unserved areas in the Philippines and across Asia.