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ADB Consults Stakeholders on Draft Cambodia E-commerce Trustmark Scheme

On 16-17 October 2024, ADB and Cambodia’s Ministry of Commerce (MOC) held stakeholder consultations on the draft Cambodia E-commerce Trustmark Scheme (CETS) in Phnom Penh, Cambodia.

In September 2024, the Asian Development Bank (ADB) published a comprehensive report exploring the potential and demand for Islamic banking and finance services in the Philippines. Titled Unlocking the Potential of Islamic Finance in the Philippines: A Market Analysis and Landscape Report, the study found that many Muslim Filipinos—many of whom own and operate micro, small, and medium enterprises (MSMEs)—prefer Islamic financial services but have limited access to them.

On 3 September 2024, on the sidelines of the Annual Meeting of IFI General Counsels in Montevideo, Uruguay, the Asian Development Bank General Counsel Thomas M. Clark and the International Fund for Agricultural Development General Counsel Katherine Meighan signed a memorandum of understanding to enhance collaboration in legal and policy development in the forestry, food, and agriculture sectors, as well as their shared interest in advancing environmental rule of law

On 23 August 2024, ADB General Counsel Thomas M. Clark joined senior government officials, high court justices and legal and climate experts at the International Symposium on Climate Change, Water and Forests, sponsored by the Brazilian Foreign Affairs and Finance Ministries, the National High Court of Brazil and the IUCN World Commission on Environmental Law.

On 20–23 August 2024, in Suva, ADB and UNICEF delivered a comprehensive judicial training program on the Fiji Bench Book on Children. The entire Fiji judiciary participated in the training, supported by ADB's Law and Policy Reform Program.  

Upcoming Event

ADB Workshop on Policy Architecture for High Integrity Carbon Markets under the Paris Agreement

Carbon markets have emerged as a powerful mechanism to incentivize emissions reduction and channel domestic and international finance into climate mitigation activities. As countries make decisions on whether and how they might engage with carbon markets what strategies as well as legal and policy framework considerations must they understand, assess and evaluate to design and implement high-integrity carbon markets?