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  • Published
    4th May, 2023


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.


International Leopard Day

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


  • 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). 
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