The German Federal Ministry for Economic Cooperation and Development (BMZ) is committed to provide international technical cooperation for areas on poverty alleviation, environmental and resource protection, and education and training. With mutual interest in promoting effective and relevant policies and programs in Asia's future urban development, ADB and BMZ, on behalf of German Development Cooperation, signed a Letter of Intent during ADB's 38th Annual Meeting in May 2005, Istanbul, Turkey.
The areas for collaboration include education, water , energy, transport, health/nutrition/social protection, finance, urban development, and environmental sustainability. The activities for collaboration may involve sponsoring joint conferences, co-financing of investment projects, staff exchanges, information sharing, and other technical arrangements.
ADB and BMZ co-founded the Cities Development Initiative for Asia (CDIA). CDIA's long-term goal is to contribute to the promotion of sustainable and equitable urban development, leading to improved environmental and living conditions for all in Asian cities. CDIA links interested Asian cities to the resources they need worldwide. It also cooperates with existing city networks in fostering urban management capabilities
ADB and BMZ co-sponsored the conference on Investing in Asia's Urban Future on 5-6 February 2007 at ADB Headquarters. The conference discussed and recommended approaches to support sustainable urban development and continue addressing poverty in many Asian cities. At the end of the conference, ADB and the BMZ supported the establishment of a Cities Development Initiative for Asia.