ADB and the
Green Climate Fund

Working together to enhance resilience and strengthen climate action

Step-change on Climate Results

ADB and the Green Climate Fund (GCF) have partnered up to introduce climate-smart innovations with transformational impact beyond the projects themselves that are scalable and replicable, and align with the climate-change priorities of the beneficiary countries.

The projects are designed to help ADB’s developing member countries move rapidly away from a business-as-usual approach to development, onto a more sustainable future that is low-carbon and climate-resilient. Promoting long-term sustainability and equity by addressing climate risks will further result in improvements in health and well-being, food and water security, infrastructure durability, and ecosystem conservation. The ADB-GCF projects support the following paradigm shifts:

Climate change considerations at the core of project design, implementation, monitoring, and evaluation. By making operations consistent with national low-emissions, climate resilient development pathways of its clients, ADB helps deliver on the objectives of the Paris Agreement.

A smoother, faster transition to low-carbon energy. The projects help beneficiary countries overcome the investment and technical barriers to integrating a higher share of renewable energy into their electric power systems, lower the cost of clean energy, and improve energy security through environmentally sustainable means.

New financial and risk-sharing mechanisms. In the agriculture sector, for example, green financing and crop insurance, plus integrated land-use planning and management, awareness raising, and capacity development create enabling platforms for investment and help stakeholders adapt to change.

A more engaged private sector. The projects induce more active participation and increased investment by the private sector in support of the structural shifts toward low-carbon and climate resilient development.

More resilient, low-carbon housing and communities. Investments in urban planning initiatives can improve the lives of people living in poorer communities, while also reducing their carbon footprints. In Mongolia, for example, a project is supporting the design and construction of apartments that are more energy efficient and climate resilient than the current makeshift housing of residents living in the outskirts of the country’s capital.

Better, wider access to cleaner energy, at less cost. Corporatized power utilities are not inclined to increase energy access for customers in remote areas of countries that rely on high-cost, diesel-based generation centers. Low-cost power generation using renewable energy will allow power utilities to expand grids and improve access at reduced power generation costs.

Up-to-date technologies. The introduction of mechanization, climate-friendly agriculture, and precision farming, among other modern technologies, reshape the delivery of climate and market information services, and help reduce the carbon footprint along the value chain while increasing resilience.

Knowledge sharing. The documentation of project results, including the ways in which difficulties were surmounted and policies were changed and successfully implemented, will sustain the knowledge sharing, way beyond the life of projects and make replication more likely.

Fast Facts

51.8 million
US$ 7.8 billion
in financing
292 million
tonnes of CO2 avoided

Our Projects

ADB's projects are selected for their potential to deliver innovative climate-based solutions.