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Climate Change and Disaster Risk Management

The Asia and Pacific region is at extreme risk of undoing its economic and social development gains due to unchecked disasters and unabated climate change.

ADB Support for Climate Change

On 13th October 2021 ADB announced that it is raising its ambition on the provision of climate financing to its developing member countries, seeking to commit up to $100 billion of its own funds for climate finance in 2019-2030. Read more.

Climate Change
In Mongolia because of the coldness, there’s a phenomenon that we’ve seen twice in the last ten years. It’s called “dzud” where you have a drought in the summer and an extremely cold winter.

From 2011 to 2020 ADB approved about $41.6 billion in climate financing. ADB's own resources provided $36.2 billion while external resources contributed almost $5.4 billion. ADB supports green growth in Asia and the Pacific through financing and innovative technologies. Through mechanisms such as the Climate Investment Funds, multilateral development banks have mobilized billions for climate action in developing countries. ADB is an accredited entity of the Green Climate Fund and is accessing resources from the fund to support climate change actions in the Asia Pacific region.

ADB seeks to help its member countries become more resilient to the effects of disasters triggered by natural hazards, while it continues to provide assistance to support post-disaster recovery needs. Between August 1987 and December 2020, ADB approved $11.8 billion for 256 disaster risk management projects that directly reduced disaster risks, strengthened financial preparedness, and supported post-disaster recovery; while a further 657 projects incorporated measures to strengthen disaster resilience in their design. These have included flood control and integrated water resource management projects, as well as programs supporting financial preparedness for disasters in ADB’s developing member countries.

Climate Change and Disaster Risk Management Issues

Clean Energy

Clean Energy

Energy efficiency is emerging as one of the key options that can help nations in Asia and the Pacific meet the region's growing energy needs in a clean and effective way.

Climate Financing

Climate Financing

For the massive financing required to combat climate change, the key will be using limited public sector funds to leverage significant amounts of private capital.

Green Cities

Green Cities

ADB supports livable, green cities through financing water supply, waste management, clean transport, urban planning and clean energy projects.

Integrated Disaster Risk Managemen

Integrated Disaster Risk Management

ADB helps its member countries become more resilient to disasters by financing flood control and water resource management projects, and financing disaster risk management.

Lands and Forests

Lands and Forests

ADB is working across Asia and the pacific to support sustainable forest management and conservation efforts, and agricultural land use improvements, to promote carbon conservation.

Post-Disaster Response, Rehabilitation, and Reconstruction

Post-Disaster Response, Rehabilitation, and Reconstruction

ADB provides fast-tracked support to help members rebuild high-priority physical assets and restore economic, social and governance activities in the aftermath of disasters.

Resilient Development

Resilient Development

ADB is promoting adaptation to climate change in the region by investing in water supply, sanitation, irrigation, flood control, transport and energy infrastructure.

Strengthening Policies

Strengthening Policies

An enormous amount of policy, governance, and institutional work will be needed to mainstream these initial plans and pledges into the development process and translate them into action.