Focus on Asian Development Bank
Analysis: Why the $300B climate-finance goal is even less ambitious than it seems
COP29 faces criticism for relying on minimal new efforts, counting inflation-eroded funds, and including developing-country contributions.
Vietnam pushes electric motorbikes as pollution becomes ‘unbearable’
In polluted Hanoi, Gen Z riders embrace e-bikes to fight smog, but challenges like charging and habits slow broader adoption.
ADB approves $500 million loan for Philippines’ climate change efforts
The loan will boost reforms in Southeast Asia, driving agriculture, energy, and transport toward a low-carbon future.
Multilateral development bank climate finance: The good, bad and the urgent
MDBs delivered a record $125B in climate finance in 2023, but adaptation funds lag; reforms and concessionality remain crucial.
Beyond B-loans? Development banks seek private money for climate change fight
An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.
Finance and business deals announced at COP29 climate talks
The latest global climate talks in Baku drew 60,000 delegates, including many from business and finance — here are a few key deals made.
At COP29, development lenders set $120 billion climate finance goal for poorer countries
Global banks pledge $120B yearly climate aid by 2030, targeting low-income nations, boosting private sector investment.
ADB increases climate finance after US, Japan give world’s first sovereign guarantees
The Asian Development Bank to boost climate lending by $7.2B as the U.S. and Japan back loans with world first sovereign guarantees.
Multilateral banks are key to financing the fight against global warming. Here is how they work
Multilateral banks play a crucial role in climate finance, but trillions are needed for developing countries' energy transition.
Inaction on emissions could cut developing Asia’s GDP by 17% by 2070, ADB says
While mitigation efforts have gained momentum, they remain insufficient to meet global targets, the ADB said in its inaugural climate report.
