Asian Development Bank partners pledge $16.4bn in 2023 co-financing, a 44% increase, to support climate efforts in developing countries.

The Asian Development Bank's partners pledged $16.4bn in co-financing for 2023, a 44% increase from the previous year. This support drives ADB's efforts to tackle climate challenges faced by developing member countries. ADB is accelerating climate action and sustainable development through renewable energy, such as Southeast Asia's largest wind power plant, and by integrating climate adaptation and mitigation measures in major transportation projects.

May 18, 2024
4 Articles