Bangkok Summit to Mobilize $23 Trillion for Global Development

The Asian Development Bank, co-hosting the event alongside the Agence Française de Développement, shifts the focus toward a 'Summit of Delivery.' With over 2,000 delegates expected—ranging from government regulators to institutional investors—the agenda prioritizes the mechanics of project structuring and private capital mobilization. ADB President Masato Kanda emphasized that the current fragmentation of global financial systems makes the cost of delay unsustainable, urging institutions to move beyond rhetoric toward tangible investment outcomes.

Since its 2020 inception, the Finance in Common coalition has sought to harmonize the activities of banks that deploy roughly $2.5 trillion annually. In Bangkok, the discourse will move away from broad policy debates to the practicalities of co-financing and risk reduction. Chairman Rémy Rioux framed the gathering as a critical juncture, noting that the ability of these institutions to align their vast resources with climate resilience and clean energy mandates will define regional stability for the coming generation.