ADB Announces Ambitious Expansion of Financing to Tackle Regional Challenges

• 1 March 2025
• Construction Focus
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In a significant move to bolster development across the Asia-Pacific region, the Asian Development Bank (ADB) has unveiled plans to increase its annual financing capacity from USD 24 billion in 2024 to an impressive USD 36 billion by 2034. This 50% expansion aims to enhance ADB’s ability to address pressing regional issues and promote sustainable growth.

In a press release on February 18, 2025, ADB President Masatsugu Asakawa stated that this Capital Utilization Plan (CUP) will enhance the impact of ADB’s work to improve lives and protect the planet. The plan enables strategic investments to address complex challenges and enhances operational quality and efficiency in the region.

ADB aims to strengthen concessional lending, increase the Asian Development Fund, and significantly boost its lending commitments over the next two to three years. Nonsovereign operations are expected to grow by 20% to 27% over the next decade, while sovereign operations will expand at a more moderate pace.

To achieve its 2030 goals, ADB will increase the share of climate finance to 50% of total commitments and reach USD 13 billion in private sector financing from ADB funding and direct mobilization by 2030.

As ADB gears up for its ambitious goals, stakeholders across the region will be closely watching how these changes will influence economic development, environmental sustainability, and overall quality of life for millions in Asia-Pacific.

• Investment and Funding