Private Sector’s Critical Role in Combating Climate Change in Asia and the Pacific
Channel: Asian Development Bank
Date: 2021-11-05

ADB is bringing new resources and new ideas to the fight against climate change. Through its private sector operations, ADB plays a major role in financing path-breaking private sector projects on climate.

The climate crisis is threatening recent global development gains and progress. As Asia and the Pacific’s climate bank, ADB is bringing new resources and new ideas to the fight against climate change. Through its private sector operations, ADB plays a major role in financing path-breaking private sector projects on climate. Better business opportunities for the region’s private sector are a key engine of growth and prosperity.

"A healthy private sector is the key to meeting Sustainable Development Goals. Our involvement in a transaction gives projects additional credibility with host governments, and with private investors and lenders. We structure bankable, innovative projects to help create a clean, inclusive, and prosperous future for our region’s economies,” says Suzanne Gaboury, ADB's Director General for Private Sector Operations.

ADB’s climate investments support core areas of agribusiness, renewable energy and infrastructure, and social sectors. Cofinancing and startup investments are also in full gear to promote climate solutions in the region.
Teams from ADB's private sector operations share project highlights and underscore their priorities in supporting climate action in the region.

00:00 The climate crisis 
00:50 ADB as Asia and the Pacific's climate bank
01:10 Private sector's role in fighting climate change
01:52 Renewable energy and climate-smart infrastructure
04:00 Blended financing for green growth
04:22 Sustainable agribusiness
05:19 Climate-financing solutions
06:11 Early-stage investments for climate action
07:16 Focus of ADB's support for the private sector