The battle against climate change will be won or lost in Asia and the Pacific. ADB is playing a leading role with developing member countries and key partners to deploy new and innovative investment, knowledge, and strategies to meet this critical challenge.
We work with governments and civil society to mobilize financing and implement cutting-edge knowledge.
"We share a common goal of securing the transition to net zero emissions and a climate-resilient future—both of which are critical to sustainable development and economic growth. Response measures such as rapid decarbonization, climate change adaptation, and resilience building are all essential; but achieving this transformation across the region requires international cooperation and strong public and private finance.
The battle against climate change will be won or lost in Asia and the Pacific. The climate crisis is worsening daily, prompting many to call for increased climate finance. We are taking action to meet this call by elevating our ambition to $100 billion in cumulative climate finance from our own resources by 2030."
- ADB President Masatsugu Asakawa
A review of ADB's 2009 Energy Policy is underway to align its energy operations with Strategy 2030, recognizing the changing contexts and increasing needs of ADB’s developing members while mindful of the impacts of increasing energy use to the climate and environment.
A market-based, equitable, and scalable way of accelerating the retirement of coal-fired power plants, while also jumpstarting the growth of renewable energy capacity.
ADB is revising its 2004 DEAP, with the amended policy providing an updated framework to enhance strategic guidance for ADB’s disasters and emergencies assistance—covering risk reduction, preparedness, and response.