The Asian Development Bank (ADB) has approved a record $3.7 billion in climate operations in 2016, a 42% increase from $2.6 billion it approved in 2015. This comprised $2.65 billion for climate mitigation and $1.08 billion for climate adaptation. In the Pacific, climate operations include the ADB’s proposed Pacific Islands Renewable Energy Investment Program with the support of the Green Climate Fund.
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Results for Asian Development Bank (ADB)
Wednesday 15 February 2017
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Manila, Philippines
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Sunday 30 October 2016
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Nuku'alofa, Tonga
The Asian Development Bank will increase its financial commitment to the Pacific Region in the coming years, said its Executive Director, Ms Swati Dandekar who visited Tonga with six Executive Directors from 25-29 October, on the 50th Anniversary of the ADB.
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Friday 3 June 2016
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Nuku'alofa, Tonga
Tonga has received a $3 million grant and a $3 million loan approved by the Asian Development Bank (ADB) to strengthen long-term economic growth and to have the capacity to respond to external economic shocks such as those caused by natural disasters.
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