ADB Provides $900 Million for Jamshoro Power Project

ADB and the Government of Pakistan have signed an agreement under which ADB will provide $900 million for the 600 megawatt Jamshoro coal-fired power plant. Read More

Clean Energy in South Asia: Tapping into Bhutan's Hydropower

Clean, renewable energy from Bhutan's Dagachhu hydropower plant will bring benefits to the local community, neighboring India, and the South Asia region. View Photo Essay

ADB Helps to Complete the Bishkek-Osh Road, a Key Regional Link

ADB will finance the reconstruction of a section of the Bishkek-Osh road. The project is part of CAREC Corridor 3, which connects the Russian Federation to South Asia via the Central Asian countries. Read More

ADB's Assistance to Bring Improvements to Ulaanbaatar's Ger Areas

ADB will provide $163.7 million to help upgrade basic infrastructure and services in peri-urban areas of Ulaanbaatar, also known as ger areas, where a majority of the city’s poor residents live. Read More

Overview

The Asian Development Fund (ADF) bridges the development gap in Asia and the Pacific, home to both the world’s fast-rising and most vulnerable economies. ADF is a major instrument of concessional financing that has supported equitable and sustainable development in the region since 1973. Funded by ADB's member countries, it offers loans at very low interest rates as well as grants to help reduce poverty in ADB's poorest member countries.

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ADF Replenishment

 

The ADF XI negotiations concluded on 30 April 2012 with a total replenishment of SDR 7.9 billion ($12.4 billion) to provide critical financial support to fight poverty in the Asia and Pacific region over the period 2013 to 2016. Read More

Focus Areas

Inclusive Growth
Fostering Growth that Reaches All
Environmentally Sustainable Growth
Growth for a Green Future
Regional Integration
Partnering for Shared Prosperity

ADF Countries

Asian Development Fund (ADF) countries are defined as countries that have access to the ADF. These countries have the greatest development challenges and are eligible to receive very low interest loans and grants. ADB currently has 29 ADF countries, including 17 countries which have access to only ADF funding from ADB.

View ADF countries