Nepal: Cofinancing

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations, to participate in financing ADB projects. The additional funds are provided in the form of official loans and grants, technical assistance, other concessional cofinancing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.

From 1970 to the end of 2015, cumulative direct value-added (DVA) official cofinancing for Nepal amounted to $1.3 billion for 45 investment projects, and $72.7 million for 86 technical assistance projects. Cumulative DVA commercial cofinancing for Nepal amounted to $55.7 million for three investment projects.

In 2015, Nepal received $15 million grant cofinancing from the Japan Fund for Poverty Reduction for the Disaster Risk Reduction and Livelihood Restoration for Earthquake-Affected Communities, and $17 million loan cofinancing from the Kuwait Fund for additional cofinancing for the Community-Managed Irrigated Agriculture Sector Project.

Nepal: Projects Cofinanced, 1 January 2011 - 31 December 2015

Cofinancing No. of Projects Amount ($ million)
Projectsa 16 975.73
 Grants 12 431.10
 Official loans 6 522.00
 Commercial cofinancing 1 22.63
Technical Assistance Grants 17 25.25

a A project with more than one source of cofinancing is counted once.

Investment Projects Cofinanced for Nepal, 1 January 2011-31 December 2015

Project ADB Amounta ($ million) Cofinancing Amount ($ million) Type of Cofinancingb
Building Climate Resilience of Watersheds in Mountain Eco-Regions - 28.17 G
Community-Managed Irrigated Agriculture Sector  60.00 47.00 O
Decentralized Rural Infrastructure and Livelihood  25.00 27.06 G/O
Disaster Risk Reduction and Livelihood Restoration for Earthquake-Affected Communities - 15.00 G
Electricity Transmission Expansion and Supply Improvement 75.00 25.00 G
Establishing Women and Children Service Centers  - 3.70 G
Kathmandu Valley Wastewater Management 80.00 16.00 O
Reducing Child Malnutrition through Social Protection - 2.00 G
School Sector Program 65.00 264.50 G
South Asia Subregional Economic Cooperation Power System Expansion 210.00 194.20 G/O
Strengthening Public Management Program 21.00 4.00 G
Support for Targeted and Sustainable Development Programs for Highly Marginalized Groups - 2.70 G
South Asia Tourism Infrastructure Development 30.00 3.00 G
Tanahu Hydropower 150.00 299.00 O
Third Small Towns Water Supply and Sanitation Sector 60.00 21.30 G/O
Trade Finance Program 20.00 22.63 C

- = nil.
a Loan, grant or blend.
b C = commercial cofinancing, G = grant cofinancing, O = official cofinancing.