Priorities
Dynamic economic development has substantially helped reduce poverty in Asia and the Pacific. The number of people struggling on $1 a day or less has come down from 900 million in 1990 to less than 600 million today.
The region’s economic growth has, however, been accompanied by widening disparities both within and between countries. Such disparities, together with climate change and the mounting environmental costs of growth, threaten to undermine the region’s development.
Moreover, Asia and Pacific remains home to two thirds of the world's poor. In addition to the hundreds of millions of Asians who survive on less than $1 a day, some 1.7 billion people make ends meet on less than $2 a day.
To fulfill its mission and realize its vision of an Asia and Pacific free of poverty, ADB will follow three complementary strategic agendas, as set out in Strategy 2020, ADB’s long-term strategic framework: inclusive growth, environmentally sustainable growth, and regional integration.
In this context, it will focus on five core areas of operation:
ADB will continue to operate on a more selective basis in health, agriculture, and disaster and emergency assistance.
ADB will focus its efforts on five drivers of change in the region:
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