Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, 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 2016, cumulative direct value-added (DVA) official cofinancing for Nepal amounted to $1.8 billion for 47 investment projects, and $74.8 million for 88 technical assistance projects. Cumulative DVA commercial cofinancing for Nepal amounted to $55.65 million for three investment projects.
In 2016, Nepal received $265.3 million loan cofinancing from the Government of Japan and the World Bank for two investment projects; and $196 million grant cofinancing from the governments of Australia, Finland, Japan, Norway and the United States, the European Union, Global Partnership for Education, Strategic Climate Fund, and the United Nations Children’s Fund for three investment projects.
Nepal: Projects Cofinanced, 1 January 2012–31 December 2016
|Cofinancing||No. of Projects||Amount ($ million)|
|Technical Assistance Grants||13||16.93|
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Nepal, 1 January 2012–31 December 2016
|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 - Additional Financing||30.00||47.00||O|
|Disaster Risk Reduction and Livelihood Restoration for Earthquake-Affected Communities||–||15.00||G|
|Earthquake Emergency Assistance||200.00||125.30||G/O|
|Establishing Women and Children Service Centers||–||3.50||G|
|Kathmandu Valley Wastewater Management||80.00||16.00||O|
|Rural Reconstruction and Rehabilitation Sector Development||50.00||1.80||G|
|School Sector Program||–||3.47||G|
|South Asia Subregional Economic Cooperation Power System Expansion - Additional Financing||180.00||211.20||G/O|
|South Asia Tourism Infrastructure Development - Additional Financing||30.00||3.00||G|
|Strengthening Public Management Program||21.00||4.00||G|
|Supporting School Sector Development Plan||120.00||316.00||G/O|
|Third Small Towns Water Supply and Sanitation Sector||60.00||21.30||G/O|
|Trade Finance Program||7.08||6.80||C|
– = nil.
a Loan, grant or blend.
b G = grant cofinancing, O = official loan cofinancing.