fbpx ADB's Focus on Climate Change and Disaster Risk Management | Asian Development Bank

ADB's Focus on Climate Change and Disaster Risk Management

In the Spotlight

  • Multihazard Risk Atlas of Maldives

    The Multihazard Risk Atlas of Maldives is composed of Geography—Volume I, Climate and Geophysical Hazards—Volume II, Economy and Demographics—Volume III, Biodiversity—Volume IV, and Summary—Volume V.

  • Green, Social, and Sustainability Bonds for Asia and the Pacific

    This publication highlights how green bonds can help fund projects supporting climate change mitigation, adaptation, and resilience. It also features milestones achieved and successful projects implemented in Asia and the Pacific.

  • Building a Better Future – Five Years after the Nepal Earthquake

    Build Back Better has been the foundation of ADB’s reconstruction support to Nepal after the devastating earthquake of 25 April 2015.?The newly constructed schools are earthquake resilient with improved facilities and systems.

  • Now is the time to ramp up actions on resilience so that society can beat the COVID-19 crisis while reducing the impact of climate threats.

Meeting the growing global demand for energy and natural resources is destabilizing our climate, and threatening the development and security of Asia and the Pacific. The poor are particularly vulnerable to these changes and are already suffering from rising sea levels and increasingly devastating storms, droughts, and floods. The intensity and frequency of extreme climate events is expected to increase with climate change, potentially exacerbating this trend in the future.

From 2011 to 2019 ADB approved over $36 billion in climate financing. ADB's own resources provided $31.7 billion while external resources contributed almost $4.6 billion. Climate finance totaling $111 billion was mobilized for projects funded by the world’s six largest multilateral development banks (MDBs) in 2018.

Through mechanisms such as the Climate Investment Funds, multilateral development banks have mobilized $8 billion for climate action in developing countries, with $1.4 billion earmarked for Asia and the Pacific for ADB. ADB is an accredited entity of the Green Climate Fund and is accessing resources from the fund to support climate change actions in the Asia Pacific region.


Latest