In the Spotlight
New financial products are providing innovative ways to combat climate change. Green bonds give investors the opportunity to invest in activities that provide a steady return and help the planet at the same time.
Have you ever stopped to think about how a development bank works? The Asian Development Bank has been around for nearly 50 years now, but how does it go about reducing poverty and promoting prosperity in the Asia Pacific region?
ADB has raised $500 million from an inaugural green bond issue, aimed at channeling more investor funds to ADB projects that promote low-carbon and climate-resilient economic growth and development in developing Asia.
ADB's capital structure provides the greatest levels of security for fixed income investments, as a result of strong governance and conservative financial management, supported by a powerful balance sheet, and backed by sovereign shareholders.
ADB as a Borrower
A leading triple-A borrower in the international markets, ADB raises funds regularly through international and domestic capital markets, reflecting strong credit fundamentals and conservative financial policies.
ADB’s overriding borrowing objective is to ensure availability of funds at the most stable and lowest possible cost for the benefit of its OCR borrowers. Subject to this objective, ADB seeks to diversify its sources of funding across markets, instruments, and maturities, and has so far issued bonds in 32 currencies.
260million people lack access to safe drinking water
1.4billion people live on less than $2 a day (2015)
1 of 20 children die before reaching age 5