ADB Approves Third Loan to Establish Facility for Improved Air Quality in Greater Beijing Area
(WorldNews Environment)

MANILA, PHILIPPINES (14 December 2017)- The Asian Development Bank`s (ADB) Board of Directors has approved a EUR428 million ($499 million) loan to set up a regional emission-reduction and pollution-control facility as part of a multiyear and multisector support program to improve air quality in the greater Beijing-Tianjin-Hebei (BTH) region, which suffers from heavy air pollution in the People`s Republic of China (PRC). `We remain committed to helping the PRC government improve air quality and reduce pollution in the greater BTH region, where a third of the country`s economic growth comes from,` said Lin Lu, Senior Energy Specialist at ADB`s East Asia Department. `Air pollution poses an...