ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
ASEAN Catalytic Green Finance Facility (ACGF)
The ACGF is an ASEAN Infrastructure Fund initiative supporting governments in Southeast Asia to prepare and finance infrastructure projects that promote environmental sustainability and contribute to climate change goals.
In the Spotlight
The Green, Social, Sustainable and Other Labeled (GSS+) Bonds Initiative for Southeast AsiaThis flyer explains how Southeast Asian debt issuers could raise over a $1 billion by 2025 through green, social, sustainable, and other labeled bonds (GSS+) to fund investments and ramp up climate resilience.
New ADB Program to Accelerate Development of Climate Projects in Southeast AsiaADB has approved a $15 million technical assistance program, supported by ADB’s own funds and the Green Climate Fund, to develop projects that promote climate change adaptation and mitigation in Southeast Asia.
SDG Indonesia One: Green Finance FacilityThe SDG Indonesia One-Green Finance Facility (SIO-GFF) is an infrastructure investment platform that ADB is supporting to help Indonesia achieve its targets under the Paris Agreement and the Sustainable Development Goals.
The Blue SEA Finance HubThe Blue SEA Finance Hub (BSFH) will serve as an “institutional base to proactively grow the Blue Economy in ASEAN” with the involvement of several other ADB units as well as external partners such as the United Nations Development Programme (UNDP).
ACGF Project Process
1. Origination
Potential projects for early-stage project preparation support identified from ACGF country roundtable events and consultations with ADB operations teams and ACGF partners.
2. Rapid assessment
Technical support provided for initial project preparation, including financial structuring and an assessment of potential green impacts.
3. Screening and funding interest
Projects screened against ACGF eligibility criteria, and a draft project information memorandum produced. Financing interest sought from ACGF cofinancing partners.
4. AIF Board review
A full project information memorandum (including a financing plan) finalized and submitted to the ASEAN Infrastructure Fund Board for review and approval.
5. Project preparation and loan approval
Due diligence conducted and the project prepared for ADB and ACGF cofinancing partner loan approvals.
News
ADB Supporting Cambodia’s Energy Transition Program
ADB has approved a sector development program, which combines a $50 million policy-based loan package with $23 million in project investments to support the energy transition of Cambodia.
Government Housing Bank of Thailand Issues First Sustainability Bond with ADB Support
With support from ADB, the Government Housing Bank issued the 8.5 billion Thai baht (approximately $244 million) in sustainability bonds with 3- and 12-year maturities on 9 December.
New ADB Program to Accelerate Development of Climate Projects in Southeast Asia
ADB has approved a $15 million technical assistance program, supported by ADB’s own funds and the Green Climate Fund, to develop projects that promote climate change adaptation and mitigation in Southeast Asia.
ADB Supports Export–Import Bank of Thailand’s First Green Bond Issuance
ADB is supporting the Export–Import Bank of Thailand, a specialized state-owned financial institution, in issuing its first green bond in accordance with the ASEAN green bond standards.
Contacts
AIF Administrator
Alfredo Perdiguero
Director
Southeast Asia Regional Department (SERD)
Asian Development Bank
Green Finance Unit Head
Scott Roberts
Advisor
Southeast Asia Regional Department (SERD)
Asian Development Bank
ACGF Enquiries
Tel +632 8632 6452
E-mail