Tuesday, June 16, 2009

ADB's Regional Climate Change Initiatives

Mitigation-related Initiatives
Carbon Market Initiative - strengthening the carbon market by providing additional financial resources for project development, as well as technical and marketing support, for projects potentially eligible for the Clean Development Mechanism.

Cities Development Initiative for Asia* - providing advisory and capacity-building support on climate-friendly city development.

Clean Air Initiative for Asian Cities* - promoting a reduction in vehicle emissions through improved fuel quality, vehicle maintenance, emission control technology, alternative fuels, and better traffic management. This is a regional network jointly launched by ADB and the World Bank in 2001 and is now an independent organization based in Manila.

Energy for All Initiative - promoting expanded access by the poor to modern and clean forms of energy.

Energy Efficiency Initiative - providing innovative financing mechanisms for clean energy investments with the aim to invest $1billion per year on clean energy development programs from 2008 to 2010.

Sustainable Transport Initiative - providing advice and financing for innovative public transport schemes that will cut greenhouse gas emissions and local pollutants.

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Adaptation-related Initiatives
Addressing Climate Change in the Asia and Pacific Region - This project is gathering knowledge and producing a series of publications covering key climate change challenges facing Asia and the Pacific such as energy and climate change, adaptation in the agriculture sector, and migration and climate migrants.

Central Asia Countries Initiative for Land Management - restoring, maintaining, and enhancing the productive functions of land in Central Asia.

Climate Change Adaptation Program for the Pacific - examined the special risks faced and adaptation approaches and measures needed in low-lying island states, and ADB is following up on implementing strategies identified.

Promoting Climate Change Adaptation in Asia and the Pacific - promoting an improved understanding by participating governments of the necessary actions they must take to adapt to climate change through the adoption of investment programs, plans, and policies.

Regional Partnerships for Climate Change Adaptation and Disaster Preparedness - will seek to increase the financial resilience of participating Pacific Island countries to the effects of natural disasters.

Regional Review of the Economics of Climate Change in Southeast Asia - analysis will examine climate change adaptation (as well as Clean Energy) costs and options facing the largest economics of Southeast Asia.

Water for All - this vision and policy is supported by ADB's Water Financing Program, which is working to increase investments and support reforms, capacity development, and regional cooperation in the water sector.

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