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Economy

ADB announces IF-CAP

The Asian Development Bank (ADB) announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP).

About IF-CAP

It is a landmark programme which could significantly ramp up support for the region in the battle against climate change.
IF-CAP's initial partners are Denmark, Japan, the Republic of Korea, Sweden, the United Kingdom, and the United States.
IF-CAP financing will contribute to ADB’s ambition for $100 billion from its resources for combating climate change for 2019–2030.

Asian Development Bank (ADB)

ADB is committed to achieving inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.

Environment

International Leopard Day

May 3 is observed as the International Leopard Day to make people aware of the nocturnal big cat.

About

The leopard (Panthera pardus) is one of the five extant species in the genus Panthera, a member of the cat family, Felidae.
The leopard is distinguished by its well-camouflaged fur, opportunistic hunting behavior, broad diet, strength, and its ability to adapt to a variety of habitats ranging from rainforest to steppe, including arid and montane areas.
IUCN Red List: Vulnerable
Distribution: Asia, sub-Saharan Africa, Southern Russia, and the Indian subcontinent.
It can run at speeds of up to 58 km/h (36 mph).