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    Asian Development Bank 2016 Sustainability Report: Investing for an Asia and the Pacific Free of Poverty
    Asian Development Bank 2016 Sustainability Report: Investing for an Asia and the Pacific Free of Poverty
    Asian Development Bank 2016 Sustainability Report: Investing for an Asia and the Pacific Free of Poverty
    Ebook154 pages1 hour

    Asian Development Bank 2016 Sustainability Report: Investing for an Asia and the Pacific Free of Poverty

    By Asian Development Bank

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    About this ebook

    The Asian Development Bank (ADB) has issued its Sustainability Report every 2 years since 2007. ADB’s Sustainability Reports allow our stakeholders to assess our operational and organizational sustainability performance and provide them with a single point of reference to understand our commitment to sustainable development. For 2016, this annual Sustainability Report highlights the integration of sustainability into ADB’s investments and organizational activities during 2015. A separate detailed Global Reporting Initiative (GRI) index contains the responses of ADB to standard and specific disclosures in the GRI’s G4 Sustainability Reporting Guidelines and G4 Financial Services Sector Guidelines. The Sustainability Report and detailed GRI Index are prepared in accordance with the G4 Sustainability Reporting Guidelines and are available online at www.adb.org/documents/asian-development-bank-sustainability-report-2016.
    LanguageEnglish
    PublisherAsian Development Bank
    Release dateApr 1, 2016
    ISBN9789292574086
    Asian Development Bank 2016 Sustainability Report: Investing for an Asia and the Pacific Free of Poverty

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      Book preview

      Asian Development Bank 2016 Sustainability Report - Asian Development Bank

      ADB Sustainability Highlights 2015

      ADB supports its developing member countries through government and private sector investments and technical assistance to help achieve its vision of an Asia and Pacific region free of poverty.

      ASIAN DEVELOPMENT BANK

      2016 SUSTAINABILITY REPORT

      INVESTING FOR AN ASIA AND THE PACIFIC FREE OF POVERTY

      Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)

      © 2016 Asian Development Bank

      6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines

      Tel +63 2 632 4444; Fax +63 2 636 2444

      www.adb.org; openaccess.adb.org

      Some rights reserved. Published in 2016.

      Printed in the Philippines.

      ISBN 978-92-9257-407-9 (Print), 978-92-9257-408-6 (e-ISBN)

      Publication Stock No. RPT167995-2

      Cataloging-In-Publication Data

      Asian Development Bank.

      Asian Development Bank 2016 Sustainability Report: Investing for an Asia and the Pacific Free of Poverty. Mandaluyong City, Philippines: Asian Development Bank, 2016.

      1. Asian Development Bank.      2. Environment.      3. Social Development.      4. Governance.

      I. Asian Development Bank.

      The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.

      ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The mention of specific companies or products of manufacturers does not imply that they are endorsed or recommended by ADB in preference to others of a similar nature that are not mentioned.

      By making any designation of or reference to a particular territory or geographic area, or by using the term country in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.

      This work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) https://creativecommons.org/licenses/by/3.0/igo/. By using the content of this publication, you agree to be bound by the terms of said license as well as the Terms of Use of the ADB Open Access Repository at openaccess.adb.org/termsofuse

      This CC license does not apply to non-ADB copyright materials in this publication. If the material is attributed to another source, please contact the copyright owner or publisher of that source for permission to reproduce it. ADB cannot be held liable for any claims that arise as a result of your use of the material.

      Attribution—In acknowledging ADB as the source, please be sure to include all of the following information:

      Author. Year of publication. Title of the material. © Asian Development Bank [and/or Publisher]. https://openaccess.adb.org. Available under a CC BY 3.0 IGO license.

      Translations—Any translations you create should carry the following disclaimer:

      Originally published by the Asian Development Bank in English under the title [title] © [Year of publication] Asian Development Bank. All rights reserved. The quality of this translation and its coherence with the original text is the sole responsibility of the [translator]. The English original of this work is the only official version.

      Adaptations—Any adaptations you create should carry the following disclaimer:

      This is an adaptation of an original Work © Asian Development Bank [Year]. The views expressed here are those of the authors and do not necessarily reflect the views and policies of ADB or its Board of Governors or the governments they represent. ADB does not endorse this work or guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use.

      Please contact OARsupport@adb.org or publications@adb.org if you have questions or comments with respect to content, or if you wish to obtain copyright permission for your intended use that does not fall within these terms, or for permission to use the ADB logo.

      Notes: In this publication, $ refers to US dollars.

      Unless otherwise stated, the source for each box, figure, and table is ADB.

      All photos and illustrations are from ADB.

      The President’s Statement

      Eradicating extreme poverty by promoting inclusive, environmentally sustainable growth is well engrained in the Asian Development Bank’s (ADB) vision—an Asia and Pacific region free of poverty—Strategy 2020 and its midterm review. In 2015, the global and regional development landscape experienced many changes. First was the Sendai World Conference on Disaster Risk Reduction, followed by the Addis Ababa International Conference on Financing for Development, then the adoption of the United Nations’ 2030 Agenda for Sustainable Development, and finally the new Paris climate agreement.

      To keep pace with these developments, in 2015 our Board of Directors approved the merger of our Ordinary Capital Resources with the Asian Development Fund lending operations. This action will help ADB achieve substantially increased lending and enable us to better support the region’s development needs. ADB’s communities of practices were replaced with sector and thematic groups, and technical advisors were appointed for each group to provide enhanced knowledge support for ADB operations. New knowledge impetus created through sector and thematic groups will help ADB remain relevant to the changing development dynamics in the region.

      In the lead-up to the Paris agreement, ADB announced its commitment to doubling annual climate financing to $6 billion a year by 2020. To help channel more investor funds into projects that promote low-carbon and climate resilient development, we raised $500 million from an inaugural Green Bond issue. We also became the first multilateral development bank accredited to receive financing from the Green Climate Fund. ADB’s

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