Cofinancing

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations, to participate in the financing of ADB projects. The additional funds are provided in the form of official loans and grants, and commercial financing, such as B loans, risk transfer arrangements, parallel loans, and cofinancing for transactions under ADB’s Trade Finance Program.

By the end of 2012, cumulative direct value-added official cofinancing for Kiribati amounted to $34.6 million for two investment projects, and $3.7 million for eight technical assistance projects.

Projects Cofinanced, 1 January 2008 - 31 December 2012

Cofinancing No. of Projects Amount ($ million)
Projectsa 2 34.56
Grants 2 18.56
Official loans 1 16.00
Technical Assistance Grants 6 3.41

a A project with more than one source of cofinancing is counted once.

Investment Projects Cofinanced for Kiribati, 1 January 2008 - 31 December 2012

Project ADB Amounta
($ million)		 Cofinancing
Amount
($ million)		 Type of
Cofinancingb
Road Rehabilitation 12.00 20.61 G/O
South Tarawa Sanitation Improvement Sector Project (SF) 7.56 13.95 G

a Loan, grant or blend.
b G = grant cofinancing, O = official cofinancing

Related Links

Official Cofinancing
Commercial Cofinancing
Funds and Resources