ADB says its new climate technology hub aims to help transfer knowledge to developing countries

The Asian Development Bank partners with South Korea to help other developing countries make a "quantum leap" to prosperity and sustainability.

ADB says its new climate technology hub aims to help transfer knowledge to developing countries

Woochong Um, of the Asian Development Bank, says that its partnership with South Korea aims to help developing nations make a similar "quantum jump" to prosperity and sustainability. Since 2006, the Bank has worked with the South Korean Government to develop a green growth strategy. It first loaned $30 million. The Bank's partnership with South Korea has been so successful, it has provided another $100 million in support of the country's efforts to spread its green growth experience to other developing countries.