Multilateral Partnerships | Asian Development Bank

Multilateral Organizations

ADB has formalized strategic partnerships with a number of multilateral organizations. Some examples are provided below:

Multilateral Banks and Multilateral Financial Institutions

World Bank (WB)

The memorandum of understanding emphasizes closer consultation on country assistance strategies, the elimination of duplication of efforts, the harmonization of operational procedures and processes, and the enhancement of efficiency and effectiveness at country and institutional levels.

European Bank for Reconstruction and Development (EBRD)

The memorandum of understanding focuses on joint operational activities in Central Asian Republics in institution development, environment, infrastructure, and private sector development.

Corporacion Andina de Fomento

The memorandum of understanding aims to foster knowledge management; promote exchange of best practices; and enhance policy and private sector dialogue, and South-South cooperation between Asia and Latin America.

European Investment Bank (EIB)

The memorandum of understanding covers cooperation in projects that involve private sector and public-private partnerships, climate protection; in developing risk-mitigating financial instruments; and funding in local currency.

Inter-American Development Bank (IDB)

The partnership framework focuses on joint implementation, information exchange capacity building, and policy research in aid for trade, climate change, regional economic integration, south-south cooperation, aid effectiveness, among others.  There is also a memorandum of understanding covering cooperation on sustainable low carbon transport.

International Financial Institutions - harmonized development results indicators for private sector investment operations

The memorandum of understanding sets forth the intent of the 25 international financial institutions that signed it to harmonize data collection on private sector operations by adopting a common set of indicators, their definitions, and measurement. The intent is to reduce the reporting burden on private sector clients and enable comparison of data across projects and countries.

Organizations with Global Outreach

Global Environment Facility (GEF)

The memorandum of understanding expands ADB's direct access to GEF resources to include direct access to allocation of GEF resources for the preparation and implementation of GEF projects.

Organisation for Economic Co-operation and Development (OECD)

The letter of intent covers collaboration at regional, country, sector, program, and project levels in aid effectiveness, anticorruption, governance, local economic development, environment, and finance. The 2009 memorandum of agreement includes a joint activity on "Asian Pension Reform."

World Health Organization (WHO)

The partnership involves a grant agreement for the implementation of the project "Prevention and Control of Avian Influenza in the Asia and the Pacific."

World Trade Organization (WTO)

The memorandum of understanding which expired in 2004 covered implementation of joint technical assistance programs for ADB's DMCs.

Regional Organizations

Association of Southeast Asian Nations (ASEAN)

The memorandum of understanding aims to help accelerate ASEAN regional cooperation and integration process in Asia.  There is also a grant agreement for the implementation of the project "Prevention and Control of Avian Influenza in the Asia and the Pacific."

South Asian Association for Regional Cooperation (SAARC)

The memorandum of understanding aims to support the efforts of the countries in South Asia to attain a sustainable reduction in poverty.

Southeast Asian Ministers of Education Organization (SEAMEO)

The memorandum of understanding explains the operational framework and practical modalities for the cooperation on education development issues.