In the Spotlight
From 12% of global GDP in the early 1960s to almost one third today, Asia's enviable economic growth has been consistent and robust. Greater wealth has brought social progress in Asia and the Pacific. But as the region has prospered, its share of carbon dioxide emissions has reached nearly half the global total.
The Pacific Approach 2016-2020 outlines a three-pronged strategy focusing on reducing costs, managing risks, and enabling value creation. This is applicable to all Pacific island countries and especially relevant for the 11 smaller Pacific Island countries (PIC-11).
Together We Deliver highlights successful ADB projects across Asia and the Pacific that demonstrated development impacts, best practice, and innovation.
The Asian Development Bank aims for an Asia and Pacific free from poverty. ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.
As a multilateral development finance institution, ADB provides:
- technical assistance
Our clients are our member governments, who are also our shareholders. In addition, we provide direct assistance to private enterprises of developing member countries through equity investments and loans.
ADB maximizes the development impact of its assistance by
- facilitating policy dialogues,
- providing advisory services, and
- mobilizing financial resources through cofinancing operations that tap official, commercial, and export credit sources
Areas of Focus and Results
ADB operations are designed to support the three complementary agendas of inclusive economic growth, environmentally sustainable growth, and regional integration. ADB employs its limited resources in its areas of comparative strength—the core areas of:
- Infrastructure (water, energy, transport, urban development, information and communications technology)
- Regional cooperation and integration
- Finance sector development
ADB also operates on a limited scale in other areas, including
Where does ADB get its funding?
ADB raises funds through bond issues on the world's capital markets. We also rely on our members' contributions, retained earnings from our lending operations, and the repayment of loans. We also provide loans and grants from a number of special funds.
How much assistance does ADB provide?
In 2015, loan and grant approvals to ADB's developing member countries amounted to $16.29 billion, compared to $13.49 billion in 2014. Private sector operations posted a jump to $2.63 billion from $1.92 billion in 2014. ADB mobilized, with donor support, more than $10.74 billion in cofinancing, bringing total operations for 2015 to $27.17 billion, the highest in ADB's history.
See: ADB Annual Reports