Japan and ADB launch $10M Wiser fund for Asia-Pacific water infrastructure

The Japanese government and the Asian Development Bank have established the Water Initiative for Security, Efficiency and Resilience (Wiser) to fund water infrastructure projects in developing Asia-Pacific nations. The initiative focuses on transferring Japanese technical expertise and technology to improve regional water security. It remains uncertain how the fund will be allocated across specific countries or if additional capital will be committed beyond the initial $10 million.