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Benefits
For developing member countries (DMCs), ADB's official cofinancing operations
- maximize the impact of development assistance through coordination of projects with complementary or synergistic benefits
- avoid duplication of effort and promote a consistent approach to development assistance by funding institutions
- expand availability of concessional and nonconcessional development assistance, particularly for DMCs that have yet to gain direct access to commercial financing
For official funding agencies, ADB's official cofinancing operations
- maximize the impact of each dollar of development assistance, since ADB coordinates its projects with those of cofinanciers that offer complementary or synergistic benefits
- avoid duplication of effort and promote a consistent approach to development assistance
- share the results of ADB's project feasibility studies with cofinanciers
- share project information with cofinanciers during implementation to help realize the expected benefits of cofinancing
- for untied cofinancing, provide cofinanciers with ADB administration and supervision services (for both loans and grants)
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Opportunities 
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