TBILISI, Georgia, May 4. Coordination is needed to address challenges, ADB President Masatsugu Asakawa said during the opening ceremony of the ADB Board of Governors meeting held in Tbilisi on May 4, Trend reports.
"We come together at a time when the people of our region face challenges that demand our close attention and coordination. The impacts of climate change are unrelenting, and the risks from conflict and crisis can quickly undermine their livelihoods, and even their survival. This is why development cannot stand still. It requires us to evolve to face the realities in front of us, and prepare for the challenges on the horizon. These meetings invite us to reflect deeply on this call to action," he said.
The opening session of the Asian Development Bank (ADB) Board of Governors has kicked off in Tbilisi. The Opening Session marks the official start of the Annual Meeting. It is a high-profile event attended by the Guest of Honor from the host country.
The theme for the 57th Annual Meeting to be held from May 2 through May 5 is “Bridge to the Future.”
The Annual Meeting is an opportunity for ADB governors to consider development issues and challenges facing Asia and the Pacific. Several thousand participants, including finance ministers, central bank governors, senior government officials, members of the private sector, representatives of international organizations and civil society organizations, youth, academia, and the media, regularly join the meeting.