Asian Development Bank Launches Facility to Boost Critical Minerals Value Chains in Asia-Pacific
The Asian Development Bank (ADB) has introduced a new financing facility aimed at enhancing critical minerals value chains across Asia and the Pacific. This initiative, known as the Critical Minerals-to-Manufacturing Financing Partnership Facility, was announced during ADB's 59th Annual Meeting in Samarkand, Uzbekistan. The facility is designed to support the development of supply chains essential for clean energy and advanced technologies. It includes a grant window and a catalytic finance window, with initial financial commitments from Japan and the United Kingdom. The facility aims to support industries beyond mining, such as processing, manufacturing, and recycling, while also assisting governments in project preparation, policy reform implementation, and attracting investments. 
