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ADB Announces IF-CAP, New Program to Accelerate Billions in Climate Change Financing

ADB announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support for the region in the battle against climate change.

Asian Development Outlook (ADO)

ADO analyzes economic and development issues in Asia and the Pacific.

Economic forecasts as of April 2023

Economic Forecasts

Growth in developing Asia is forecast at 4.8% this year and in 2024, up from 4.2% last year. The People's Republic of China's recovery and healthy domestic demand in India will be the region’s main growth supports this year and next.

Photo: Asian Development Bank

Thematic Report

What is Asia and the Pacific's special stake in the global climate crisis? How will the region transform during the global transition to net zero, including socioeconomic consequences and the policies needed for an efficient and equitable transition?

Projects

Data and Statistics   ADB's Data and Statistics

Data and statistical analysis in the Asia and Pacific region contributes to knowledge generation in ADB, helping strengthen its institutional priorities and operational effectiveness in its developing member countries.

Asia’s Special Stake in the Global Climate Crisis

Asia accounts for an increasing share of global greenhouse gas (GHG) emissions. Although historical emissions from developing Asia were low, they have been growing faster than the global average. The region’s share of global GHG emissions doubled from 22% in 1990 to 44% in 2019 and is expected to remain at this share until mid-century under current policies. At current levels of GHG emissions, the region would by itself exhaust the remaining global carbon budget consistent with limiting warming to 1.5 degrees Celsius (°C) by 2040.

Global Annual Greenhouse Gas Emissions, 1990–2019

Note: Emissions from land use change and forestry, which can be positive or negative, are included. Developing Asia includes all ADB member economies except for Hong Kong, China; and Taipei,China for lack of data.

  ADB Data Library

The ADB Data Library is the central store for all of ADB's public data. Browse data, view visualizations and interact with APIs.

  Key Indicators Database (KIDB)

KIDB is ADB's central statistical database for macroeconomic and social indicators from across Asia and the Pacific.

  AsianBondsOnline

AsianBondsOnline is a one-stop source of information on bond markets in emerging East Asia.

Featured Publications and Documents   ADB's Publications and Documents

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