Cofinancing Agreements

ADB has signed cofinancing agreements with bilateral and multilateral funding agencies to maximize the impact of development assistance through enhanced collaboration and complementary work.

Bilateral

ARRANGEMENT COFINANCING PARTNER DATE OF AGREEMENT FOCUS AREAS COFINANCING PRODUCTS
Supplemental Memorandum of Understanding on Enhancements to Cofinancing Arrangements between ADB and the Export-Import Bank of Korea The Export-Import Bank of Korea (KEXIM) 13 July 2011 Infrastructure: electricity, natural gas, coal, transportation, water supply and waste treatment, telecommunications Loans
Memorandum of Understanding on Cofinancing Arrangements between ADB and Korea Development Bank Korea Development Bank 12 May 2011 Private sector Loans
Memorandum of Understanding on Enhancements to Cofinancing Arrangements between Ministry of Strategy and Finance of the Republic of Korea and ADB
(through the Economic Cooperation Development Fund or ECDF)		 Ministry of Strategy and Finance, Korea 5 May 2011 Renewable energy, energy efficiency, water supply and sanitation, waste treatment, agriculture/agribusiness, sustainable transportation, vocational education and training, ICT-based public governance, finance and education reform Loans
Framework Cofinancing Agreement between ADB and AFD Agence Française de Développement (ADF), France 8 March 2010 Global public goods (climate change and biodiversity)
Sustainable urban development (including local government support)
Economic and inclusive growth: promoting investments that improve the livelihood of vulnerable populations Regional integration: promoting investments addressing climate change (energy) and integrated water resource management issues		 Loans
Revised Operating Framework for the Japan Fund for Poverty Reduction Government of Japan (Ministry of Finance) 6 October 2009 Poverty Reduction (JFPR Grant)
All sectors (JFPR TA)		 Grants
Framework Cofinancing Agreement between ADB and the Export-Import Bank of China Export-Import Bank of China 4 May 2009 Infrastructure (projects that meet China Exim's policy requirement on minimum Chinese content) Loans
Memorandum of Understanding on Cofinancing Arrangements between ADB and Korea Development Bank The Export-Import Bank of Korea (KEXIM) 2 June 2008 Private sector Loans
Memorandum of Understanding on Enhancements to Cofinancing Arrangements between Ministry of Strategy and Finance of the Republic of Korea and ADB
(to be provided through EDCF and to be administered by Export-Import Bank of Korea)		 Ministry of Strategy and Finance, Korea October 2008

Highest priority

  • Climate change and environment: renewable energy, energy efficiency, transportation, water supply and sanitation, waste treatment.
  • Agricultural/agribusiness: agri development, agri land development, agri research, food production, equipment for agriculture.

High priority

  • Transportation: road, transport system
  • Energy: generation, transmission, distribution, etc.
  • HRD: educational equipment, vocational training, etc.
  • Information and communication technology
 Loans
General Agreement between Sweden and the ADB on Operational Arrangements related to Cofinancing Swedish International Development Cooperation Agency (Sida) 1 Dec 2006 Financing of development projects, programmes and other activities of common interest with ADB. Grants
MOU between ADB and the Export-Import Bank of Korea on Establishing Operational Arrangements The Export-Import Bank of Korea (KEXIM) 14 December 2005 Financing of development projects, programmes and other activities of common interest with ADB. Loans
General Arrangement Between the Netherlands Minister for Devt Cooperation and the ADB on Operational Arrangements related to Cofinancing Netherlands – Ministry of Foreign Affairs 29 July 2002 Financing of development projects, programs and other activities of common interest with ADB. Grants
MOU between the Government of Australia and ADB Australian Agency for International Development (AusAID) 28 August 1990 Financing of development projects, programs and other activities of common interest with ADB. Grants

Multilateral

ARRANGEMENT COFINANCING PARTNER DATE OF AGREEMENT FOCUS AREAS COFINANCING PRODUCTS
Memorandum of Understanding between ADB and OFID on Enhancements to Cooperation Arrangements OPEC Fund for International Development (OFID) 2 May 2011 Transport, energy (particularly energy access), food security, urban services Loans
Memorandum of Understanding between NDF and ADB for Cofinancing Programs and Projects Nordic Development Fund (NDF) 19 January 2011 Infrastructure and energy: energy, transport sector-related mitigation and adaptation activities, waste management including water supply, flood protection and drainage management, climate proofing of infrastructure, research and capacity building Natural resources, including integrated water resources management, land use and forestry, and agriculture Climate-change related capacity building, including education, research and monitoring, knowledge base and tools development, and early warning systems and preparedness plans Loans
Framework Cofinancing
Agreement between ADB and IsDB		 Islamic Development Bank (IsDB) 14 September 2008 Transport, energy, urban services,
regional cooperation, private sector development		 Loans
Memorandum of Understanding on Cofinancing of Development Projects between NIB and ADB Nordic Investment Bank (NIB) 3 May 1995 Financing of development projects and programs of common interest with ADB. Loans
Cooperation Agreement between IFAD and ADB International Fund for Agricultural Development (IFAD)  11 Apr 1978 Agricultural development primarily for food production in developing countries. Loans, Grants