Philstar Biz reported that the Asian Development Bank (ADB) and Japan have launched a new fund to strengthen water security in developing countries across Asia and the Pacific, including the Philippines.
The fund aims to support water-related infrastructure, governance, and climate resilience projects. It will help address water scarcity and improve access to safe water in the region.
ADB President Masatsugu Asakawa said the initiative underscores the importance of water security for sustainable development. Japan's contribution reflects its commitment to tackling the region's water challenges.