ADB Southeast Asia Innovation Hub: Catalyzing Green and Innovative Finance
ADB’s Innovation Hub applies innovative financing approaches to attract green and sustainable investments for development projects in Southeast Asia. This flyer presents activities and milestones since it was established in 2018.
From 2016 to 2030, Southeast Asia needs an estimated $210 billion annually for investments in climate resilient infrastructure. Progress in bridging this financing gap is vitally important for the region to recover from the coronavirus (COVID-19) pandemic and to achieve the Sustainable Development Goals. The IH contributes by providing innovative finance solutions that aim to leverage each $1 of sovereign finance to attract $5–$6 of green and sustainable capital into projects in the region.