Asian Development Bank Launches Finance Scheme for Critical Mineral Supply Chains
The Asian Development Bank (ADB) has launched a new financing scheme to support the development of supply chains for critical minerals in Asia and the Pacific. These minerals are essential for clean energy, batteries, electric vehicles, and digital technology. The scheme aims to help countries in the region prepare projects and finance infrastructure for processing, manufacturing, and recycling these minerals. Korea Eximbank and K-SURE have signed $500 million memorandums as the facility's first partners, with additional contributions from Japan and the UK. 
