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, technical assistance, other concessional cofinancing, 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 1970 to the end of 2015, cumulative direct value-added (DVA) official cofinancing for Nepal amounted to $1.3 billion for 45 investment projects, and $72.7 million for 86 technical assistance projects. Cumulative DVA commercial cofinancing for Nepal amounted to $55.7 million for three investment projects.
In 2015, Nepal received $15 million grant cofinancing from the Japan Fund for Poverty Reduction for the Disaster Risk Reduction and Livelihood Restoration for Earthquake-Affected Communities, and $17 million loan cofinancing from the Kuwait Fund for additional cofinancing for the Community-Managed Irrigated Agriculture Sector Project.
Nepal: Projects Cofinanced, 1 January 2011 - 31 December 2015
|Cofinancing||No. of Projects||Amount ($ million)|
|Technical Assistance Grants||17||25.25|
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Nepal, 1 January 2011-31 December 2015
|Project||ADB Amounta ($ million)||Cofinancing Amount ($ million)||Type of Cofinancingb|
|Building Climate Resilience of Watersheds in Mountain Eco-Regions||-||28.17||G|
|Community-Managed Irrigated Agriculture Sector||60.00||47.00||O|
|Decentralized Rural Infrastructure and Livelihood||25.00||27.06||G/O|
|Disaster Risk Reduction and Livelihood Restoration for Earthquake-Affected Communities||-||15.00||G|
|Electricity Transmission Expansion and Supply Improvement||75.00||25.00||G|
|Establishing Women and Children Service Centers||-||3.70||G|
|Kathmandu Valley Wastewater Management||80.00||16.00||O|
|Reducing Child Malnutrition through Social Protection||-||2.00||G|
|School Sector Program||65.00||264.50||G|
|South Asia Subregional Economic Cooperation Power System Expansion||210.00||194.20||G/O|
|Strengthening Public Management Program||21.00||4.00||G|
|Support for Targeted and Sustainable Development Programs for Highly Marginalized Groups||-||2.70||G|
|South Asia Tourism Infrastructure Development||30.00||3.00||G|
|Third Small Towns Water Supply and Sanitation Sector||60.00||21.30||G/O|
|Trade Finance Program||20.00||22.63||C|
- = nil.
a Loan, grant or blend.
b C = commercial cofinancing, G = grant cofinancing, O = official cofinancing.