Partnering for Development: Donor Report 2015
Strong relationships with development partners meant ADB operations in 2015 totaled $27.17 billion. ADB’s Donor Report highlights the importance of effective development partnerships in ADB's operations.
ADB's own financing of $16.29 billion in loans, grants and other projects, and $141 million in technical assistance was supplemented by $10.74 billion in cofinancing. $6.17 billion of this cofinancing was obtained through partnerships with official and other concessional financing sources, including bilateral and multilateral organizations, trust funds, other public agencies, foundations, and corporate social responsibility programs. Despite global fiscal constraints, financing support from these development partners increased by 39% from $4.43 billion in 2014.
In response to the pressing development needs of Asia and the Pacific, ADB continues to work closely with its partners to improve results and maximize the impact of its assistance in strategic priority areas.
- ADB Achieved $6.05 billion of official and other concessional cofinancing for 69 projects and $125.3 million for 85 technical assistance projects—a new record high for ADB.
- In March, ADB was the first multilateral development bank accredited by the Green Climate Fund (GCF) Board. ADB's accreditation included the highest category of environmental and social risk, and access to financing of over $250 million per project.
- ADB and the UK's Department for International Development (DFID) signed a memorandum of understanding on the Pakistan Economic Corridor Programme with grant cofinancing of about $411 million to promote economic growth, create jobs, and expand regional trade in transport infrastructure and public–private partnerships.
- ADB and the German development bank KfW approved $1.12 billion in collaborative cofinancing for five projects in the energy sector, under their $2 billion framework agreement, making it the largest utilization of a framework cofinancing agreement in a year.
- ADB and the Kuwait Fund for Arab Economic Development signed an MOU to strengthen their institutional partnership, and a loan agreement to improve Nepal’s irrigation systems and agricultural practices through a $17 million collaborative cofinancing.
- ADB’s framework arrangement with the Export-Import Bank of Korea was extended to provide $600 million for concessional cofinancing during 2015-2017.
- ADB’s MOU with the Abu Dhabi Fund for Development was extended to 2020. The MOU strengthens collaboration in priority sectors including: transport; energy and urban services; and regional initiatives of both institutions.
- ADB enhanced its partnerships by signing cofinancing agreements with new cofinancing partners, the Export-Import Bank of India and the State Bank of India, maximizing the impact of development assistance.
About this report
This publication is intended for current and prospective official and other concessional development financing partners of the Asian Development Bank (ADB). It highlights the importance of partnerships, results achieved and ADB’s reporting of results, and it includes stories of successes to illustrate the effectiveness of partnerships and the improvements they can make in the lives of the poor. ADB partners can benefit from the wide range of financing options presented here as they seek to begin or expand their commitment to developing Asia and the Pacific and to support ADB’s strategic priorities confirmed during the midterm review of its long-term strategic framework, Strategy 2020.
- Leveraging Partnerships: The Way Forward
- Leveraging Resources
- 2015 Highlights: Official and Other Concessional Cofinancing
- 2015 Milestones
- Partners’ New Commitments and Replenishments to Trust Funds and Allocations from Global Funding Initiatives, 2015
- 2015 Partnerships at a Glance
- Framework Cofinancing Arrangements, 2015
- Building Strong and Responsive Partnerships in Strategic Priority Areas
- Sri Lanka: Restoring Prosperity through Development
- Indonesia: Rebuilding Communities, Rebuilding Lives
- Nepal: Paving the Way to Economic Prosperity
- Cambodia: Improving Health, Saving Lives
- Fostering Effective Financing Partnerships
- Trust Funds and Global Funds Supporting ADB’s Strategic Priorities
- Projects Involving Official and Other Concessional Cofinancing, 2015
- Technical Assistance Projects Involving Official and Other Concessional Cofinancing, 2015