Skip to main content

Southeast Asia
Green Finance Hub

The Green Finance Hub provides crosscutting support to ADB’s developing member countries in Southeast Asia to accelerate green investments and advance innovative financing solutions in response to the region's climate, energy, and financing needs.

Windmills

Who We Are

ADB launched the Green Finance Hub (GFH) in 2018 (piloted as the Innovation Hub until 2022) to foster green and innovative finance in Southeast Asia. The GFH supports project concept development and pipeline generation, innovative finance deployment and demonstrations, and country climate investment planning. It manages all trust funds and technical assistance related to the ASEAN Catalytic Green Finance Facility (ACGF).

What We Do

Addressing the needs of ADB’s developing member countries, the GFH builds green and innovative financing models, mechanisms, and capacities targeting the development of a scalable pipeline of green and bankable infrastructure projects across Southeast Asia. It provides end-to-end support to country and sector teams across five activity pillars:

  • Concept and Project Development. Develop innovative finance ideas and concepts for ADB project pipelines.
  • Knowledge and Capacity Building. Promote thought leadership and capacity-building initiatives on green and innovative finance.
  • Country Climate Advisory. Support country teams in developing climate assessments and investment plans.
  • Global Partnerships. Foster collaboration and drive synergies with development partners.
  • Green Funds Management. Accelerate green infrastructure in ASEAN through trust funds and technical assistance associated with the ACGF.

Financing and Knowledge Partners

The GFH manages the ACGF, which is owned by ASEAN governments and ADB. These are the partners we work with through the ACGF:

Special Initiatives

The Green, Social, Sustainable, and Other Labeled (GSS+) Bonds Initiative for Southeast Asia aims to deepen and accelerate the development of sustainable capital markets in the region.

The Blue Southeast Asia (SEA) Finance Hub aims to build a $300-million pipeline of bankable projects by 2024 to help Southeast Asian countries improve the sustainability of the region’s oceans and marine ecosystems.

The ACGF Innovative Finance Clinics, developed by the Southeast Asia Green Finance Hub in close collaboration with other ADB departments, ACGF partners, and ASEAN governments, bring together government officials, experts, financiers, and other stakeholders to identify and enhance capacity for bankable project opportunities.

Projects

The project will benefit 230 agricultural cooperatives (about 27,000 households) and about 50 agribusinesses in the project areas. Photo credit: ADB.
Cambodia: Agricultural Value Chain Competitiveness and Safety Enhancement Project
The project will strengthen value chains of competitive agricultural products (cassava, mangoes, cashew nuts, vegetables, and native chicken) in selected provinces.
The Davao Public Transport Modernization Project is ADB’s largest road-based public transport project in the Philippines.
Philippines: Davao Public Transport Modernization Project
The Davao Public Transport Modernization Project was approved for financing by ADB in June 2023 as the first project in the Philippines to deploy an electric bus fleet at scale.
The project aims to leverage ADB and government funds to catalyze a multiple of green funds from private, institutional, and commercial sources over time. Photo credit: ADB.
Indonesia: Sustainable Development Goals Indonesia One—Green Finance Facility (Phase 1)
Designed as a de-risking tool, this facility aims to leverage ADB and government funds to catalyze green funds from private, institutional, and commercial sources over time.
All Projects

Publications

Green and Resilient Buildings in ASEAN Cities clinic cover.
Green and Resilient Buildings in ASEAN Cities
This brief provides highlights from an ADB clinic on designing green and resilient buildings.
E-Mobility for Green Urban Transport cover.
E-Mobility for Green Urban Transport
This brief provides highlights from a clinic on designing e-mobility models for planning, procurement, structuring, and financing.
A Road Map for Scaling Up Private Sector Financing for the Blue Economy in Thailand: Investment Report
A Road Map for Scaling Up Private Sector Financing for the Blue Economy in Thailand: Investment Report
This report considers ways to mobilize and scale up private sector investment in areas such as aquaculture and marine renewable energy to help bolster sustainable blue development.
All Publications

Articles

In 2023, the warmest year on record, heatwaves, floods, droughts, wildfires and tropical cyclones intensified across the world, with devastating effects on Southeast Asia and other climate-vulnerable regions. Photo credit: ADB.
As Temperatures Rise, Southeast Asia Needs a Larger Share of Climate Finance Flows
The United Nations has called for a doubling of adaptation finance, which is the priority for countries most affected by climate change.
The Philippines has been one of the hardest hit countries by climate change and needs substantial financing to address the issue. Photo credit: ADB.
Five Ways to Fund the Philippines’ Fight against Climate Change
Financing climate action was a key topic at COP27. For the Philippines, on the front lines of the global climate crisis, it is a make-or-break question.
The ocean is valued at more than $24 trillion. Photo credit: ADB.
Breaking the Waves: Kickstarting the Global Sustainable Blue Economy in Southeast Asia
Advancing a sustainable blue economy entails developing a globally recognized taxonomy, attracting much-needed private capital into blue projects, and generating a healthy project pipeline.
All Articles