Poverty Reduction

Aid Harmonization and Effectiveness
Partnering for better results in the field

The international development community is committed to improving aid effectiveness. ADB has mainstreamed Management for Development Results (MfDR) at project and strategy level.

Country partnership and strategies are now being formulated under a result based approach. Sector road maps show ADB's contribution to sector outputs and broader development outcomes of partner countries.

At the project level, the design and monitoring framework and the project classification explain ADB contribution to the partner country's development results, including their poverty reduction, MDG and other strategic development goals. 

To further enhance aid effectiveness (as part of MDG 8), ADB has introduced innovative financing mechanisms including Poverty Funds and partnerships with other donors, private sector, and NGOs to accelerate support to poverty reduction.

While aligning to partner countries' poverty reduction priorities, ADB is also harmonizing its cooperation with other donors, both bilateral and multilateral, as well as non-government organizations (NGOs) and private sector foundations. Coordination agreements with the World Bank and the European Bank for Reconstruction and Development (EBRD) on poverty strategy formulation and at sector level ensure good development results.

Look up ADB's Country Partnership Strategies.

View ADB's knowledge products and operational expertise on development effectiveness and aid for poverty reduction.