ADB Approves $200 Million Loan for Green Urban Development in Chongqing Gaoxin District

The Asian Development Bank (ADB) approved a $200 million loan to support green, low-carbon, and climate-resilient urban development in Chongqing Gaoxin District, part of Chongqing Municipality in the People’s Republic of China (PRC). 

The project aims to address climate-related challenges while improving infrastructure and environmental quality in the rapidly growing urban area.