ABD Green Bonds Newsletter
The Asian Development Bank (ADB) launched a Green Bond program in with an inaugural -year million green bond. In August, ADB launched a dual tranche - and -year green bond, raising $1.3 billion across both tenors. Similar to the inaugural green bond, the dual tranche issues drew interest from socially responsible investors. ADB’s green bonds are issued under a framework that was developed in collaboration between ADB’s Treasury Department and Sustainable Development and Climate Change Department. The green bond framework identifi es eligible projects within ADB’s loan portfolio. Proceeds from ADB’s green bonds are tracked against the disbursementsof eligible projects. ADB intends to maintain a regular presence in the green bond market consistent with its commitment to scale up climate financing.