The Asian Development Bank’s (ADB) Board of Directors approved a €428-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. Cities in the greater BTH region have consistently been reported to have the highest concentration of particulate matter and other air pollutants, following decades of emissions from pollution-intensive industries in the area, as well as the region’s heavy reliance on coal for energy generation. While the PRC government has been actively addressing this challenge since the launch of the Comprehensive Action Plan for Air […]