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ADB and member nations of the Association of Southeast Asian Nations (ASEAN) established the ASEAN Infrastructure Fund, a dedicated fund to address the region’s infrastructure development needs by mobilizing regional savings, including foreign exchange reserves. The fund prioritizes ASEAN member countries and provides loans to finance infrastructure investment projects in the transport, energy, water and sanitation, environment and rural development, and social infrastructure sectors.
3 April 2024
ADB plans to launch an ASEAN Climate Finance Policy Platform, which will support Southeast Asian finance ministry leaders in advancing collective action in the battle against climate change, ADB President Masatsugu Asakawa announced today.
8 January 2024
ADB supported Indonesia’s first social bond and sukuk issuance, and provided technical assistance to support bond framework development, capacity building, and external review through the ASEAN Catalytic Green Finance Facility (ACGF) and the Asian Bond Markets Initiative. The ACGF is an ASEAN Infrastructure Fund initiative to accelerate green infrastructure investments in Southeast Asia.
This video introduces the ASEAN Catalytic Green Finance Facility (ACGF), including testimonies from the Malaysian Ministry of Finance and Chair, ASEAN Infrastructure Fund; Division of Mitigation and Adaptation, Green Climate Fund; ADB Southeast Asia Department; and ADB’s Southeast Asia Green Finance Hub and the ACGF.
The Sustainable Coastal and Marine Fisheries Project prioritizes coastal ecosystems restoration and climate-resilient infrastructure that will directly benefit at least 200,000 people in coastal communities.
ADB and the ASEAN Infrastructure Fund collaborated on several knowledge products and events including the following:
In Ha Noi, Viet Nam, the ASEAN Catalytic Green Finance Facility (ACGF) held its first country-specific ACGF Innovative Finance Clinic. The ACGF is an ASEAN Infrastructure Fund initiative supporting governments in Southeast Asia to prepare and finance infrastructure projects that promote environmental sustainability and contribute to climate change goals.
On 2–5 July 2024, ADB’s Green Finance Hub and the Transport Sector Group delivered the first phase of a capacity-building initiative for e-mobility and green urban projects in Seoul, Republic of Korea.
The ASEAN Infrastructure Fund contributes to ADB’s development initiatives through cofinancing.
