Key Takeaways: Countries must urgently step-up efforts to reduce greenhouse gas emissions and protect people and infrastructure from the increasing frequency and intensity of climate change. Asia and the Pacific needs innovative solutions and new funding models to meet its large climate financing gap. Several ADB financing innovations are helping to scale up climate mitigation and adaptation investments in Asia and the Pacific. Devastating floods, deadly heatwaves, and intense droughts in Asia and the Pacific over the past year confirm what scientists have been warning for years: the impacts of climate change are here and they’re getting worse. Seven Funding Innovations to Boost Climate Finance