Asian Development Bank to Invest $100Bn to Maximize Climate Impact

The Asian Development Bank says it plans to invest $100 billion to fight climate change in Asia over the next decade.

The bank says the money will be used to help the region's cities, towns, and villages reduce their carbon emissions and become more energy- and transport-efficient, the BBC reports.

The bank says it will work with the public and private sector to "maximize" the region's climate impact.

"The reform is matched with an increased ambition to provide $100 billion of its own funds, across public and private sector operations, to climate finance from 2019 to 2030," the bank said in a statement.

The announcement comes a day after the Trump administration announced that the US is pulling out of the Paris climate accord.

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Northwest Colorado News For Friday, Nov. 29, 2024

The 109th season for Howelsen Hill is scheduled to start Saturday, Nov.30.The UCHealth Urgent Care at the base of Steamboat Resort opens for the winter on Saturday.For the KRAI Time, Temp, and...more

€Žtargeted Investment and Measurable Impact‌

Philipp Mueller, CEO of impact investment manager BlueOrchard, tells Borsen-Zeitung about his approach to promoting the social dimensions of capital.My father was a doctor and always wondered why I...more

Adoption of Research Output Key to Driving Sustainable Development Goals

The 1st Nigerian Impact Investing Research and Industry Collaborative (NIIRIC) Annual Convening held in Lagos, with the theme 'Impact Investing: Shaping Policies, Research, and Innovation to...more

Leapfrog Eyes Global Impact Investment Opportunities

LeapFrog eyes global impact investment opportunities | Interviews | IPE.LeapFrog is a social impact investment company based in New York.The company has raised more than $1.5 million in its first two...more

Fg Restates Commitment in Fostering Tech Investment, Research Commercialisation

FG Restates Commitment In Fostering Tech Investment, Research Commercialisation.Minister of Science, Technology, and Innovation, Chief Geoffrey Nnaji made this pledge while delivering the keynote...more

Zambian Vice President Calls on Comesa to Invest in Climate-Resilient Technologies

Zambian Vice President Mutale Nalumango called for concerted investment into climate-resilient technologies and interventions to mitigate the negative impacts of climate change.The 45th meeting of...more

Hort Innovation Develops Venture Fund to Back Startup Solutions

Hort Innovation develops venture fund to back startup solutions.Fund was created in partnership with impact investment firm, Artesian, and includes a A$60mn investment through Frontiers.The Hort...more

Seeding the Future: Transforming Smallholder Farms For A Sustainable Tomorrow

The agri-food system in Southeast Asia remains fragile.Faced with fragmentation of smallholder farms, outdated farming practices, environmental degradation and volatility brought upon by climate...more

The Abolitionist Legacy and the Future of Impact Investing

In this moment of reflection, the intersection of the abolitionist movement and modern impact investing offers a compelling framework to examine how resources can be mobilized for systemic...more

Why Patient Capital Investment Is Crucial For India's Social Entrepreneurship Ecosystem

A patient capital approach offers social enterprises the essential time and resources to grow sustainably.Patient capital provides a vital framework that aligns with the long-term nature of social...more



Social Entrepreneurship
Spotlight



World of Philanthropy About To Be Disrupted


Co-founder of Global Philanthropy Group, Trevor Neilson, talks about the disruption of the foggy world of philanthropy.



Federal Government Grant and Assistance Programs


Disaster Relief Appropriations Act-Emergency Food Assistance Program (Commodities) | Migrant Education_State Grant Program | Cultural Resources Management | Single Family Property Disposition | Public Health and Social Services Emergency Fund | | Farm Business Management and Benchmarking Competitive Grants Program | Competitive Training Grants | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders