Strategy 2020 Midterm Review

Midterm Review of Strategy 2020: Meeting the Challenges of a Transforming Asia and Pacific

 

The midterm review (MTR) of Strategy 2020 is the culmination of a year-long process that was announced at the Annual Meeting of the Board of Governors of ADB in May 2013. ADB President Takehiko Nakao approved an Action Plan to implement the outcomes of the Strategy 2020 MTR.

Review Findings

 

The MTR finds that ADB has closely aligned its operations with Strategy 2020’s three strategic agendas of inclusive economic growth, environmentally sustainable growth, and regional integration. During 2008–2012, more than 80% of ADB operations were in Strategy 2020’s five core areas—infrastructure, environment, regional cooperation and integration, finance sector development, and education. Infrastructure operations were the main channel of contribution to the three strategic agendas.

Strategic Priorities up to 2020

 

The MTR concludes that Strategy 2020 remains valid and relevant in its broad strategic directions to address the development challenges of a transforming Asia and Pacific. However, the region is changing fast—and so must ADB. The following 10 priorities together will determine ADB’s strategic focus leading up to 2020. The first seven priorities seek to sharpen and rebalance ADB operations, and strengthen their responsiveness to the changing business environment. The remaining three aim to increase ADB's capacity and effectiveness.

 

 
This page was generated from http://www.adb.org/about/strategy-2020-mid-term-review on 27 April 2015