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p. 10 of 13 BACK | NEXT I. Introduction II. ADB's Governance Policy III. Implementation of ADB's Governance Policy IV. Lessons Learned V. Medium-Term Governance Agenda and Action Plan 2000-2004 A. Objectives B. Approach C. Action Plan VI. Conclusions and Recommendations

Promoting Good Governance: ADB's Medium-Term Agenda and Action Plan (2000) : V. Medium-Term Governance Agenda and Action Plan 2000-2004

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A. Objectives

83. ADB will play a lead role in promoting good governance in the Asian and Pacific Region. More specifically, ADB will aim to (i) elevate governance issues to the top level of the development agenda in the Region; (ii) develop a consensus on regional benchmarks, codes of conduct and best practices across the whole range of public and private sectors, and indicators of good governance; and (iii) enhance the quality of governance in individual DMCs.

84. To achieve these objectives, ADB will

1. optimize the impact of its operations on poverty reduction by addressing key governance issues in DMCs in a systematic and focused manner;
2. initiate a regional governance program to raise the profile of governance, and provide a regional focal point for governance issues;
3. demonstrate to borrowing DMCs the cost of corruption and the value of eliminating it by setting an example of zero tolerance for it in ADB's own activities, and promote the spread of good financial and other internal control systems to DMCs by encouraging their use in all agencies involved in ADB related activities;
4. actively seek to improve the coordination of governance activities by development agencies in the Region through enhanced cooperation and partnership;
5. strengthen ADB's capacity to effectively address governance issues; and
6. provide regular and frequent feedback to all stakeholders on implementation of the action plan and the lessons learned.

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