News
06 September 2024

ADB to devote half its lending to climate finance by 2030

Region:
Asia-Pacific

ADB has approved a new goal to devote 50% of its annual lending to climate finance by 2030 and boost private sector capital mobilization as part of a sweeping strategy update for the rest of the decade.The lender said the new goal is a big jump from the current 35% ambition and comes with a...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
11 August 2025

ECAs look to advance blended finance agenda as development...

The fourth edition of the UN International Conference on Financing for Development at last recognised the role played by ECAs in development. Moment is building around the...

Perspective
15 August 2025

Solving West Africa’s cocoa conundrum

West African cocoa production has been in decline amid poor yields and falling demand. But the Africa Cocoa Exchange aims to return cocoa pricing power to Africa, improve...