A leading triple-A borrower, ADB raises funds regularly through bond issues in international and domestic capital markets, reflecting strong credit fundamentals and conservative financial policies.
The Green Bond program enables ADB to support its developing member countries seeking to mitigate greenhouse gas (GHG) emissions and adapt to the consequences of climate change, whilst delivering environmentally sustainable growth to help reduce poverty and improve the quality of life of their people.
The Green Bond portfolio specifically targets projects that promote the transition to low carbon and climate resilient growth as set out in the ADB Green Bond Framework.
Asia and the Pacific depend on healthy and resilient oceans for disaster resilience, food security, and livelihoods. Healthy oceans also drive economies through fisheries and aquaculture. However, climate change, overfishing, pollution and unsustainable development have pushed our oceans to the brink of collapse. In order to address the growing funding gap required to protect and restore ocean health, global markets need to systematically change. Blue bonds encourage that shift by increasing the amount of capital that can be invested in oceans to finance solutions at scale.
Projects eligible for Green Bond financing should be in the following areas:
Eligible projects are identified by using the joint multilateral development bank approach for tracking and reporting climate change mitigation and adaptation finance.
Projects eligible for Blue Bond financing should be in the following areas:
Eligible projects for blue bond financing are identified by taking into account the additional selection criteria, including the project’s classification as outlined above, and the Sustainable Blue Economy Finance Principles.