Catalyzing Green Finance: Blending and Leveraging Sovereign Finance for Financially- and Environmentally-Sustainable Infrastructure Projects

The need to green all finance and not just bonds means financing of investments that provide environmental benefits in the broader context of environmentally sustainable development. ADB’s Green Finance Catalyzing Facility is an innovative financing solution for enhancing both financially-bankable as well as environmentally-sustainable infrastructure projects.

Climate Finance in the Urban Sector

ADB applies the “Livable Cities” approach to urban development. It supports the transformation of developing cities in Asia and the Pacific into sustainable urban centers. In rolling out projects on urban development, ADB aims to help its developing members countries build urban infrastructure that could withstand climate change and disaster shocks. This material provides an overview of climate finance in the urban sector, including ADB's mitigation and adaptation investments in this sector.

Training on Climate Finance Tracking

Extreme weather conditions brought about by climate change have been threatening the development and security of the Asia Pacific region. The poor are bearing the brunt of climate change given their vulnerability. ADB has a crucial role to play in leading the way towards a greener path. In line with this, ADB has committed to double its annual climate financing to $6 billion by 2020.

To ensure that ADB project officers and focals are equipped with the necessary skills and knowledge, an in-house training on tracking climate finance was conducted.

Role of Communication in Governance and Reform

ADB’s Enhancing Tax Administration Capacity project in Maldives shows how communication was integrated to address the crucial “people side” of the tax reform process to change perceptions and accelerate reform adoption and acceptance. Communications also helped foster dialogue about sensitive issues around taxation among public and private sector stakeholders dispersed in an archipelagic country with high cost of public service delivery and affected by climate change.

Agnetha Vave-Karamui

Agnetha Vave-Karamui worked as an environmental/forestry advocacy officer with the Solomon Islands NGO, Environmental Concerns Action Network. She then joined the Ministry of Environment, Climate Change, Disaster Management, and Meteorology in 2008. She comes from the Western Province of Solomon Islands, and holds a bachelor of science degree in environmental science from the University of the South Pacific.