ADB, Partners Signal Commitment to Climate Change Action at …
5 days ago — BAKU, AZERBAIJAN (12 November 2024) — The Asian Development Bank (ADB) today joined with partners to show their commitment to climate change financing at a kick-off event at COP29 for the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP). ADB President Masatsugu Asakawa told ...
Senior Country Economist | Asian Development Bank
5 days ago — About Us. Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to ...
Multilateral Development Banks to Boost Climate Finance
5 days ago — BAKU, AZERBAIJAN (12 November 2024) — Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes. MDBs estimate that by 2030, their annual collective climate financing for low- and middle-income countries will reach ...
Joint MDB Pavilion @COP29 - Asian Development Bank
Oct 29, 2024 — This year, COP29 is hosted by the Republic of Azerbaijan, with a focus on climate finance and ambitious climate action. The COP29 Presidency emphasizes two key pillars: enhancing ambition and enabling action, in alignment with the Paris Agreement. Key topics include finance, transparency, loss and damage, and Article 6 of the Paris Agreement.
ADB, Kazakhstan Take Next Step Toward Early Coal Retirement …
4 days ago — BAKU, AZERBAIJAN (13 November 2024) — The Asian Development Bank (ADB) and the Government of Kazakhstan have moved a step closer toward the possible early retirement of a coal plant in Kazakhstan under the bank’s Energy Transition Mechanism (ETM) program.. Under a memorandum of understanding (MOU) signed at COP29 by ADB and the …