- Key Facts
- Board of Governors
- Board of Directors
- Departments and Offices
- Policies and Strategies
- Annual Meetings
- Independent Evaluation
- Public Sector (Sovereign) Financing
- Private Sector (Nonsovereign) Financing
- Funds and Resources
- Asian Development Fund
- ASEAN Infrastructure Fund
- Investor Information[日本語]
- Business Opportunities
- Consulting Services
- ADB-Japan Scholarship Program
- News & Events
- Data & Research
- Industry and Trade
- Information and Communication Technology
- Public Sector Management
- Social Protection
- Capacity Development
- Climate Change
- Environmental Sustainability
- Gender and Development
- Poverty Reduction
- Private Sector Development
- Regional Cooperation and Integration
- Social Development
- Urban Development
- Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA)
- Central Asia Regional Economic Cooperation (CAREC)
- Greater Mekong Subregion (GMS)
- Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT)
- South Asia Subregional Economic Cooperation (SASEC)
- European Representative Office
- Japanese Representative Office [日本語]
- North American Representative Office
- Pacific Liaison and Coordination Office
- Pacific Subregional Office
Countries with Operations
- China, People's Republic of [中文]
- Cook Islands
- Indonesia [Bahasa Indonesia]
- Kyrgyz Republic
- Lao PDR
- Marshall Islands
- Micronesia, Federated States of
- Papua New Guinea
ADB Ups Support for Projects Promoting Sustainable Development - Report
MANILA, PHILIPPINES – The Asian Development Bank (ADB) has sharply increased support for projects promoting sustainable, inclusive, and environmentally sound growth in Asia and the Pacific, says a new report.
“Strategy 2020, our long-term strategic framework, recognizes the essential role that environmental sustainability plays in poverty reduction and inclusive growth, and the ADB sustainability report for 2011 and 2012 shows we are making headway on many fronts,” said Nessim Ahmad, ADB’s Director for Environment and Safeguards.
Asian Development Bank Sustainability Report: Investing in Asia and the Pacific’s Future shows that in 2011–2012, ADB approved projects totaling $43 billion - up 10% from the previous two years - that helped create and expand economic opportunities in the region while taking into account economic, social, and environmental impacts. The projects promoted growth while at the same time enhancing access to basic services such as water supply, education, and health, and helping beneficiaries mitigate and adapt to climate change impacts, among others.
During the same period, ADB approved 112 projects with an environmental sustainability focus totaling more than $13 billion ― a 50% increase over the previous two years. It invested $4.4 billion in clean energy-related initiatives to provide an additional 2,125 megawatts of renewable energy generation capacity across the region over 2011 and 2012.
In response to the growing climate change threat, in 2012 alone, ADB approved climate-related finance of $3.4 billion while transport investments, including low-carbon projects, in 2012 totaled nearly $4 billion. Meanwhile substantial support was given to help urban centers become greener and more sustainable, including a $600 million package of projects for secondary sized cities in the People’s Republic of China.
At the corporate level, ADB promoted sustainability by further reducing the per person use of water, electricity, and paper, and the waste generated at its headquarters, where 77% of its staff work. Staff contributed individually to community development projects that benefit thousands of disadvantaged people in Metro Manila.
ADB is consistently run with the lowest overhead among multinational development banks, according to Standard and Poor’s. In 2012, ADB became the first multilateral development bank to attain ISO 50001 certification for energy management, with measures taken to “green” its headquarters building, including installing solar panels and collecting rainwater. To improve access to information, an updated Public Communications Policy was launched in 2012.
ADB has issued a sustainability report every two years since 2007, containing highlights of its operations. It provides an essential tool for stakeholders to assess ADB’s performance in promoting sustainable development and meeting the goals of Strategy 2020.