Review of ADB's Credit Enhancement Operations

Date: August 2006
Type: Policies, Strategies, and Plans
Subject:
ADB funds and products; ADB administration and governance

Description

The Asia and Pacific region (the Region) faces ongoing challenges in generating the investment required to provide sustained support for economic growth and poverty reduction. The Asian Development Bank (ADB) is refining its policies and strategies to meet Asia's broader development challenges, and the demand of its clients. The framework provided by the Poverty Reduction Strategy (PRS), Long-Term Strategic Framework (LTSF), and the Second Medium-Term Strategy (MTS II) emphasizes ADB’s role as a catalyst in generating investment. The MTS II, in particular, emphasizes the importance of leveraging ADB’s resources through improved cofinancing arrangements.

Contents

  • Executive Summary
  • Introduction
  • ADB's Enhancement Operations in Perspective
  • Revised Framework for Credit Enhancement Operations
  • Implementation
  • Recommendation
  • Appendixes