Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations, to participate in financing ADB projects. The additional funds are provided in the form of official loans and grants, other concessional financing, and commercial financing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.
By the end of 2014, cumulative direct value-added official cofinancing for Nauru amounted to $2.7 million for one investment project and $0.6 million for three technical assistance projects.
In 2014, Nauru received $2.7 million grant cofinancing from the European Commission for the Electricity Supply Security and Sustainability.
Nauru: Projects Cofinanced, 1 January 2010 - 31 December 2014
|Cofinancing||No. of Projects||Amount ($ million)|
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Nauru, 1 January 2010 - 31 December 2014
|Project||ADB Amounta ($ million)||Cofinancing Amount ($ million)||Type of Cofinancingb|
|Electricity Supply Security and Sustainability||2.00||2.70||G|
- = nil
a Loan, grant or blend
b G = grant cofinancing