Climate Change Action Plan, 2023–2030

Book excerpt: Setting out ADB’s ambitious climate targets, this publication lays out action how ADB plans to catalyze climate finance and incentivize innovation to help shepherd Asia and the Pacific towards a low-carbon, climate-resilient future. Underscoring why hard-fought development gains are at risk, the publication shows how 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 aims to help decarbonize transport and energy, employ climate-smart planning to boost resilience, and work with partners to develop climate-critical outcomes.