Many decision-makers in Asia are becoming interested in policies and technologies that control air pollution while mitigating climate change. The cleaner air, improved health, and stable climate resulting from these policies and technologies are known as co-benefits.

Part of the reason co-benefits are drawing attention is they can offset the costs of mitigating climate change. Another reason for the sharp rise in interest is that some interventions with co-benefits can bring carbon finance to improve public health and address other development concerns. With climate change as a clear policy priority across Asia as well as a core feature of ADB’s strategy 2030, guidance on how decision makers can factor cobenefits into investment projects and policy decisions is therefore a pressing need. This webinar helped meet this need by focusing on the following three themes:

1. Development of policies and investment projects that can address both climate change and air pollution qualify for climate financing;

2. Monitoring and evaluation mechanisms for measuring GHG emission reductions and other SDGs (including improvement in air quality and health) from such policies and projects.

3. Institutional coordination mechanisms and multilevel governance arrangements that can help deliver air quality, climate change, health and other development benefits.