This report provides an overview of the Asian Development Bank's progress in implementing the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) established by the G20's Financial Stability Board. The report covers four areas: governance, strategy, risk management, and metrics and targets. It also presents proposed future actions to integrate climate-related risks and opportunities into the core of ADB's business strategy and decisions. This report is the bank's first disclosure under the TCFD framework.

This publication provides an overview of institutional investors' interest in green bonds issued in Cambodia, along with an assessment of the perspectives of local arrangers and underwriters on their clients' interest in green bond issuances. It presents the results of a survey to help identify drivers, impediments, and development priorities for Cambodia's sustainable finance market. The findings and insights presented in this publication are intended to inform how the Asian Development Bank and other partners could further support the market's development.

This publication explores how natural language processing (NLP) techniques can be applied to social media text data to map public sentiment and inform development research and policy making. The publication introduces the foundations of natural language analyses and showcases studies that have applied NLP techniques to make progress on the Sustainable Development Goals. It also reviews specific NLP techniques and concepts, supported by two case studies. The first case study analyzes public sentiments on the coronavirus disease (COVID-19) in the Philippines while the second case study...

This report looks at how the use of local currency-denominated bonds for cross-border collateral transactions can be promoted in ASEAN+3 to develop regional bond markets. Active use of local currency-denominated bonds for cross-border collateral transactions can help by mitigating risks, reducing the credit costs of financial institutions, and expanding market liquidity. The report identifies the challenges faced by regional collateral markets and proposes seven policy recommendations for promoting the cross-border use of local currency bonds as collateral in the Association of Southeast...

Drawing on a decade of surveys, this report discusses trade finance trends and identifies how access to trade finance can become more inclusive. A persistently large trade finance gap is an ongoing global challenge, particularly for small and medium-sized enterprises, which continue to face significant barriers to access financing. Since 2012, ADB has conducted a Trade Finance Gaps, Growth, and Jobs Survey. Reflecting on the survey results, the report provides insights on trade finance trends, analysis, and lessons and identifies what needs to happen to ensure access to trade finance is...

This study assesses how the implementation of transit-oriented development (TOD) can help address urban development issues in India. In the context of metro rail systems, TOD has much potential to promote inclusive and sustainable urban mobility. It can also enhance the livability and resilience of cities through better integration of land use policies and the development of the transport network. TOD presents an opportunity to utilize land value capture mechanisms to augment cities' finances. The study seeks to understand key achievements and challenges of TOD implementation in selected...

This publication updates the 2015 carbon capture, utilization, and storage (CCUS) road map for the People's Republic of China (PRC). Reflecting changes in CCUS and low-carbon development targets in the PRC since 2015, the publication highlights the role of CCUS in decarbonizing hydrogen production from fossil fuels; CCUS-readiness of the cement and iron and steel industries; recommendations on CCUS deployment under the 14th Five-Year Plan; and implications for CCUS of the PRC's ambition to achieve carbon neutrality by 2060. It was developed by the Asian Development Bank (ADB) in...