Skip to main content

Climate Change Financing at ADB

 

In 2024, the Asian Development Bank (ADB) committed for its climate finance to reach 50% of its total annual committed financing by 2030, as it progresses towards delivering over $100 billion in cumulative climate finance from its own resources from 2019 to 2030.

From 2019 to 2025, ADB has already reached $55.4 billion towards this commitment, investing in its operations including both regular and concessional ordinary capital resources, as well as Asian Development Fund grant resources. This includes $13.5 billion committed in 2025, representing 51% of its total annual committed financing, of which $1.6 billion was delivered through nonsovereign financing.

Overall, ADB committed $14.8 billion in climate finance from investments, technical assistance, and direct charges in 2025. Of this total, $9.4 billion (64%) is expected to contribute to climate change mitigation and $5.3 billion (36%) to climate change adaptation. ADB provided $13.5 billion of climate finance from its own resources and mobilized $1.2 billion from external resources*.

Note: *ADB administered donor trust funds, financing from multilateral climate funds such as Global Environment Facility, Climate Investment Fund, Green Climate Fund, and bilateral financing, among others.