Green finance describes a broad range of funding services for environment-oriented technologies, projects, industries or businesses.
It includes environment-related financial products such as credit cards, loans and insurance that would encourage customers to use more sustainable environment-friendly practices.
ADB has been active in providing assistance to developing member countries going green through financial products and services offered by microfinance institutions (MFIs).
For instance, credit lines were offered by MFIs for households and microenterprises to have energy efficient and environment friendly homes in Tajikistan.
Below are ADB microfinance projects related to green finance from 27 May 1983 to 30 June 2014.
Approved ADB Green Finance-related Microfinance Projects
|Approval Number||Type of Project||Country||Title of Project||Amount (US$)||Approval Date|
|2449||TA||KAZ||Study on Rural Credit and Savings||470,000||23 November 1995|
|1810||TA||PHI||Institutional Strengthening of Cooperatives||1,400,000||22 December 1992|
|1617||TA||PHI||Rural Credit||640,000||28 November 1991|
As of August 2014