ADB Outlines Climate Change Priorities in Asia and the Pacific

September 2010: The Asian Development Bank (ADB) issued a paper titled "Focused Action: Priorities for Addressing Climate Change in Asia and the Pacific," which outlines ADB's priority areas for investments and action on climate change.The publication describes five priorities, namely: expanding the use of clean energy; encouraging sustainable transport and urban development; managing land use and forests for carbon sequestration; promoting climate-resilient development; and strengthening related policies and institutions. These priorities will be pursued through the following three modalities: mobilizing innovative financing; generating and disseminating knowledge; and fostering partnerships. [The Paper "Focused Action"]