Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.
From 1991 to the end of 2016, cumulative direct value-added official cofinancing for Nauru amounted to $9.3 million for two investment projects and $0.6 million for three technical assistance projects.
In 2016, the Government of Australia provided $1.9 million grant cofinancing for the Fiscal Sustainability Reform Program.
Nauru: Projects Cofinanced, 1 January 2012–31 December 2016
|Cofinancing||No. of Projects||Amount ($ million)|
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Nauru, 1 January 2012–31 December 2016
|Project||ADB Amounta ($ million)||Cofinancing Amount ($ million)||Type of Cofinancingb|
|Electricity Supply Security and Sustainability||2.00||7.44||G|
|Fiscal Sustainability Reform Program||2.00||1.89||G|
a Loan, grant, or blend.
b G = grant cofinancing.