Climate Change Financing at ADB (2018)
Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability is a priority of ADB's new Strategy 2030. ADB is committing $80 billion in climate finance cumulatively between 2019 and 2030, and is ensuring that at least 75% of its projects will address climate change mitigation and adaptation by 2030.
In 2018, ADB delivered over $3.59 billion in climate finance from its own resources, in addition to raising a total of $426 million from external financing*.
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.