Tag: Asian Development Bank

The Asian Development Bank (ADB) is set to expand its climate-related lending by $7.2 billion, thanks to sovereign guarantees from the United States and Japan. This move, unprecedented in climate...

The Asian Development Bank (ADB) has committed to dedicating 50% of its annual lending to climate finance by 2030, significantly increasing its previous target of 35%. This forms part of...

The Asian Development Bank (ADB) and the Committee for Environmental Protection of Tajikistan have launched an $8 billion Climate Finance Plan aimed at achieving the country’s Nationally Determined Contribution (NDC)...

The Asian Development Bank (ADB) has launched a climate finance program in Thailand, partnering with the Ministry of Natural Resources and Environment’s Department of Climate Change and Environment (DCCE). The...

The Asian Development Bank (ADB) has provided support to renewable energy (RE) developer Alternergy Holdings Corp. (AHC) in securing its first green corporate loan. In a statement, the multilateral lender...

The OPEC Fund for International Development, a multilateral development finance institution headquartered in Vienna, Austria, expanded its new commitments to US$1.7 billion across 55 projects globally in 2023, providing funding to address climate...

The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have signed an agreement to establish the Leading Asia’s Private Infrastructure Fund 2 (LEAP 2) with capital of up to...

The Asian Development Bank (ADB) and Energy Market Authority (EMA) of Singapore have signed a MOU that paves the way for the development of renewable energy generation and transmission across...

The Asian Development Bank (ADB) approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric...

The Republic of Korea’s Ministry of Economy and Finance has pledged $3 million to expand the ADB Ventures Seed program which provides catalytic funding to early-stage companies with tech-enabled solutions...

The Asian Development Bank (ADB) announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support for the region...