ADB - Climate Finance Landscape Asia-Pacific, 2023
Summary
The Asian Development Bank's Climate Finance Landscape of Asia and the Pacific report provides a comprehensive assessment of the current state of climate finance in the region. The report seeks to enhance the knowledge base and support developing countries in expanding climate change action in the region. It includes an overview of the impact of the COVID-19 pandemic on finance flows in 2020, based on the Climate Policy Initiative’s Global Landscape of Climate Finance and national tracking initiatives such as India’s Landscape of Green Finance, Indonesia’s Landscape of Private Climate Finance, and the Landscape of Climate Finance of the People’s Republic of China.
The report identifies challenges and opportunities in monitoring the efficiency and effectiveness of climate finance flows in the region, and recommends approaches to enhancing climate finance access and use by the countries in the region. It also includes in-depth regional analyses of the five subregions: Central and West Asia, East Asia, South Asia, Southeast Asia, and the Pacific. The report highlights the importance of understanding climate finance flows in Asia and the Pacific, particularly in relation to the Paris Agreement, and provides insights into successful climate finance projects in the region. Overall, the report provides valuable insights into the current state of climate finance in Asia and the Pacific, and identifies opportunities for sustainable development in the region.
Region:
Asia
Published:
August 2023
Author(s):
ADB
Language:
English