Manila: The Asian Development Bank (ADB) announced a new action plan to enhance its disaster resilience efforts in Asia and the Pacific region. The Disaster Risk Management Action Plan 2024-2030, announced on Wednesday, outlines ADB’s commitment to supporting its developing members in mitigating the impacts of disasters and climate change. The action plan promises to guide the integration of disaster risk management components into ADB’s operations, project design, and funding decisions, reports Xinhua news agency. Key components of the action plan include improving disaster risk analytics and risk-responsive development planning and budget allocations; increasing investments in disaster ri
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