Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability is an operational priority in ADB's Strategy 2030. ADB is committed to ensure that 75% of the number of its committed operations (on a 3-year rolling average) will be supporting climate change mitigation and/or adaptation by 2030 and climate finance from ADB’s own resources to reach $80 billion cumulatively from 2019 to 2030. In 2021, ADB announced it is elevating its cumulative climate finance ambition to $100 billion by 2030.
In 2022, ADB committed $7,110 million in climate finance. Of this total, $4,279 million (60.2%) is expected to contribute to climate change mitigation and $2,831 million (39.8%) to climate change adaptation, which is the highest adaptation finance committed since reporting began in 2011. ADB provided $6,723 million from its own resources and mobilized $387 million from external resources.
See databases for climate finance.
