Site icon Global Banking Monitor

Asian Development Bank Commits $100 Billion Investment for Maximum Climate Impact

Image by Hands off my tags! Michael Gaida from Pixabay

Setting the scene for a low-carbon and climate-resilient Asia and the Pacific, the Asian Development Bank (ADB) plans to invest $100 billion of its own funds and work with the public and private sector to maximize its climate impact.

With the region on the frontline of the growing climate crisis, ADB’s Climate Change Action Plan 2023–2030 aims to help decarbonize transport and energy, employ climate-smart planning to boost resilience, and work with partners to develop climate-critical outcomes.

Read More : Asian Development Bank Commits $100 Billion Investment for Maximum Climate Impact

Exit mobile version