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.
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.
With employees from more than 60 countries, ADB is a place of real diversity.
Work with us to find fulfillment in sharing your knowledge and skills, and be a part of our vision in achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific.
ADB announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support for the region in the battle against climate change.
Climate change is the most critical challenge of our lifetime. As Asia and the Pacific’s climate bank, the Asian Development Bank is adopting new and innovative strategies to help combat this challenge.
ADB has announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support for the region in the battle against climate change.
| Conference Proceedings | Summary of Proceedings of the Annual Meeting of the Board of Governors
This document summarizes the proceedings of the 56th Annual Meeting of the Board of Governors held in Incheon, the Republic of Korea, from 2 to 5 May 2023.
Join us in May 2024 as Georgia hosts the Asian Development Bank's 57th Annual Meeting of the ADB Board of Governors in the capital city of Tblisi from 2 to 5 May 2024.
Watch the highlights from the 56th Annual Meeting of the ADB Board of Governors. The event was held in Incheon, Republic of Korea, from 2 to 5 May 2023 under the theme “Rebounding Asia: Recover, Reconnect, and Reform”.
ADB and Nusantara National Capital Authority have concluded a memorandum of understanding that paves the way for collaboration on the planning and development of Nusantara as a carbon-neutral forest city.
Central and West Asia, and its neighboring countries, must work together to address increasingly severe impacts of climate change that could lead to water scarcity, food insecurity, and even conflict in the region, ADB said today.
ADB is spearheading the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a new program which will accelerate much-needed climate financing in the region.
The CNBC Debate explores key elements of the region’s transition to net zero. What policies can effectively guide change? How will the transition impact economic growth?
ADB and Switzerland signed a cofinancing agreement of up to $5 million to nurture financial technologies that can help address low financial inclusion in Viet Nam, particularly among small and medium-sized enterprises.
The Board of Governors of the Asian Development Bank has approved the bank’s 2022 financial statements and a $1.1 billion net income allocation from its ordinary capital resources.
ADB President Masatsugu Asakawa discussed how ADB is preparing to address new challenges facing Asia and the Pacific through increased investments in food security, private sector non-sovereign financing, ADB operations supporting gender equality, and climate finance through the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP).
The transition to global net zero to address climate change must be both ambitious and fair. Otherwise, it will not achieve its goals nor will it obtain the vital public support required over the long-term.
In 2022, Asia and the Pacific faced severe challenges including economic shocks, extreme weather events and related disasters, food insecurity, and gender inequality.
Asia’s recovery from the pandemic faces multiple challenges. The panel discusses what policies should be prioritized to ensure that the region’s rebound remains resilient.
In an address at the Opening Session of 56th Annual Meeting of the ADB Board of Governors, ADB President Masatsugu Asakawa laid out his vision for ADB’s future.
ADB and Japan Exchange Group, Inc. have signed a memorandum of understanding (MOU) to cooperate on the promotion of capital market development, sustainable finance, and digital technology in Asia and the Pacific.
ADB and the Republic of Korea signed three strategic agreements to build resilience among developing economies of Asia and the Pacific by promoting access to climate technology, improving access to digital services, and enhancing sustainable and inclusive infrastructure development through public–private partnerships.
Advancing gender equality in Asia and the Pacific is an ongoing priority for ADB. Gender and development is mainstreamed in all stages of ADB’s project cycle, and ADB is on track to exceed its commitment to promote gender equality in at least 75% of its sovereign and non-sovereign operations by 2030.
The Asian Development Bank’s (ADB) private sector operations in 2022 saw project commitments reach $1.1 billion with the percentage of projects receiving climate finance double the level of 2021, according to ADB’s Private Sector Operations in 2022 – Report on Development Effectiveness.