Results-Based Lending Projects | Asian Development Bank

Results-Based Lending Projects

ADB is piloting results-based lending in programs from 6 June 2013 to 5 June 2019. The following are loans ADB has approved using this modality, while a number of others are being considered for approval in the near future.

Armenia: School Seismic Safety Improvement Program

The program, approved on 10 March 2015, will support the government in reviewing, updating, consolidating, and implementing its school seismic safety improvement program. Project outputs will be (i) seismically strengthened and renovated school buildings; (ii) improved seismic safety planning and management competencies; and (iii) strengthened government program management, implementation, and monitoring capacity. Disbursement-linked indicators will be formulated based on the program results framework and the outcome and output targets in the design and monitoring framework. More 

China, People's Republic of: Public–Private Partnerships Demonstration Program to Transform Delivery of Elderly Care Services

Approved on 12 December 2016, the program will help Yichang City in Hubei province pilot delivery of integrated residential, community, and home-based elderly care services in partnership with the private sector. The program will develop Yichang City’s capacity to design and implement PPP contracts and attract private care providers who will enter into concession agreements with the municipal government to deliver innovative, elderly-friendly, and quality services. More

China, People's Republic of: Guizhou Vocational Education Development Program

Approved on 8 December 2015, the program will support the Guizhou Provincial Government to improve the quality of technical and vocational education and training (TVET) in the province, and to make it more relevant to employers’ needs. Developing high-quality TVET is a priority for expanding and developing the provincial workforce to facilitate continued inclusive economic growth, reduce rural poverty, and to improve the employment prospects of young workers seeking jobs. More 

India: Kerala’s Additional Skill Acquisition Program in Basic Education

Approved on 19 November 2014 as the first results-based lending program targeting a subnational administration, the $100 million loan will improve the communication, information technology, and other soft skills of higher secondary and undergraduate students in Kerala schools, thus reducing an unemployment rate that is 3 times higher than the national average. Disbursements will be activated by the introduction of and enhanced access to market-relevant TVET, strengthened engagement with the private sector and improved program management. More

India: Supporting National Urban Health Mission

Approved on 28 May 2015, this $300-million results-based lending program seeks to support India’s National Urban Health Mission by facilitating access to quality health services, building on ADB’s extensive experience in the urban sector in India. Loan payouts will be based on evidence of increased child deliveries within health institutions and improved coverage of childhood immunizations, as well as strengthened urban primary healthcare delivery systems, improved quality of urban health services, and enhanced capacity for planning and management. More

Indonesia: Electricity Grid Strengthening - Sumatra Program

Assistance of $600 million for Indonesia’s state electricity corporation, Perusahaan Listrik Negara (PLN), was approved on 2 December 2015 to carry out major power transmission and distribution system upgrades in Sumatra. This program uses the results-based lending approach for the first time in Indonesia, and the first time globally in the energy sector. More

Nepal: Supporting School Sector Development Plan

Approved in October 2016, the program aims to improve the equity, quality, efficiency, governance, and management of school education targetting 6.3 million students, 153,200 teachers, and more than 34,000 schools as program beneficiaries. Project outputs include (i) improved access to primary and secondary schools, (ii) improved school education quality, (iii) pilot tested model school program, and (iv) improved school system governance and management. More

Pakistan: Access to Clean Energy Investment Program

Approved on 25 November 2016, the program will help contribute to Pakistan’s goal of enhanced energy security by increasing access to sustainable and reliable electricity services for vulnerable communities in Khyber Pakhtunkhwa Province (KPP) and Punjab. It also aims to provide women and girls with increased opportunities to obtain energy services and benefits. More

Philippines: Senior High School Support Program

The results-based lending program was approved on 15 December 2014 ($300 million) to support a portion of the broader government plan to add two years of high school to the basic education system. Loan payments will depend on achieved improvement in the mathematics, science, TVET and livelihood curricula; hiring and training of teachers; delivery of schools and classrooms; implementation of a voucher system to offset tuition costs for 800,000 senior high school students; and strengthening of education management, fiduciary and safeguards systems. More

Solomon Islands: Sustainable Transport Infrastructure Improvement Program

The program, approved on 27 May 2016, supports the government in implementing its National Transport Plan (NTP). Program outputs include (i) rehabilitation and maintenance of transport infrastructure to ensure access to all users, safety, gender-responsiveness, and improved climate- and disaster-resilience; (ii) strengthening of country systems to finance and implement the NTP; and (iii) improvement of the management and supervision capacity of the Ministry of Infrastructure Development. More

Sri Lanka: Education Sector Development Program

The first results-based lending program ($200 million loans) was approved by the Board on 27 June 2013 to help the Government of Sri Lanka modernize its secondary school system, thus enhancing youth employment and meeting the country’s urgent need for a skilled workforce. Disbursements will be triggered by results on improved student learning, equitable and efficient school systems, strengthened school leadership and improved capacity for program planning and implementation. More

Sri Lanka: Skills Sector Enhancement Program

This results-based Lending program was approved on 28 March 2014 for $100 million to reorient the technical and vocation education and training (TVET) system to adapt to labor market shifts. The subsector-wide approach is consistent with the ADB’s role as lead development partner for TVET in Sri Lanka since 1982. Loan payments will be linked to improved quality of TVET provision, enhanced private sector participation in TVET planning and provision, increased enrolment of students in TVET, and strengthened subsector management. More