ADB Green Bonds Newsletter and Impact Report 2016
ADB green bonds support mitigation of greenhouse gas emissions and adaptation to consequences of climate change, while delivering environmentally sustainable growth.
ADB’s green bonds are issued under a framework that was developed in collaboration between ADB’s Treasury Department and Sustainable Development and Climate Change Department. The green bond framework identifies eligible projects within ADB’s loan portfolio. Proceeds from ADB’s green bonds are tracked against the disbursements of eligible projects. ADB intends to maintain a regular presence in the green bond market consistent with its commitment to scale up climate financing.
ADB approved $3.7 billion in climate finance investments in 2016, marking a 42% boost from the $2.6 billion reached in 2015. Estimates show that in 2016, climate finance from ADB’s internal sources reached a record $2.65 billion for climate mitigation and $1.08 billion for climate adaptation
In addition to its own financing, ADB mobilized $701 million from external sources, with $595 million invested in mitigation and $106 million in adaptation. Including financing from external sources, ADB delivered over $4.4 billion in climate finance in 2016.