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: |
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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.
Projects
The project was the first ADB project in the Philippines to deploy an electric bus fleet at scale.
The project is ADB's first significant investment in marine fisheries and represents a milestone for its Action Plan for Healthy Oceans and Sustainable Blue Economies.
The project seeks to increase and intensify actions to transform key sectors toward a climate-resilient and low-carbon economy.
Publications
This report considers ways to mobilize and scale up private sector investment in such areas as aquaculture and marine renewable energy to help bolster sustainable blue development.
This report explains how Southeast Asia can increase the manufacture of solar photovoltaic cells, batteries, and electric two-wheelers.
This brochure summarizes how ADB’s Green Finance Hub is helping countries in Southeast Asia leverage private sector investments to bridge the financing gap for sustainable infrastructure in the region.
Articles and News
The goal is to rapidly mobilize private funds as capital is not flowing at the scale required.
Financing climate action was a key topic at the COP27 climate change conference in Sharm El-Sheikh. For the Philippines, on the front lines of the global climate emergency, it is a make-or-break question.
Incorporating environmental, social, and governance norms in planning and offering incentives for fundraising can help add more green projects to the pipeline.