The Asian Development Bank (ADB) has been an active participant in the COPs as part of the multilateral development bank community, specifically within the Intergovernmental Organization (IGO), and as a trusted partner and collaborator with its developing member countries (DMCs). COP29, the first climate COP to be hosted in the Central and West Asia region, offers a pivotal moment to strengthen the region’s commitment to combating climate change. It will spotlight ADB’s collaborative efforts with Central and West Asian DMCs in advancing adaptation, resilience, and mitigation strategies. Moreover, it will elevate the region’s leadership in driving climate action, exemplified by initiatives such as the proposed Glaciers to Farms regional program.

ADB’s planned activities at COP29 are closely aligned with Pakistan’s climate priorities and are set to feature prominently in various collaborations and forums. These include the Glaciers to Farms initiative, which emphasizes glacier preservation and integrated water resource management for cross-border cooperation; Central Asia Regional Economic Cooperation (CAREC) events; and the launch of the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP). Additionally, the ADB Climate Disaster Resilience Enhancement Program (CDREP) is designed to boost Pakistan’s resilience to natural hazards and mitigate the impacts of climate change. It also supports low-carbon rice production and the development of country-specific greenhouse gas (GHG) emission factors, which will enhance Pakistan’s national GHG inventory for more accurate reporting and evidence-based development.

ADB remains fully committed to deepening its partnerships with the DMCs and development partners. We greatly value our collaboration with Pakistan, as reflected in our Climate Change Roadmap for Central and West Asia and the Climate Change Action Plan for Pakistan.