Revised Emergency Assistance Loan Policy (R-Paper)
Institutional Document | September 2021
This paper presents ADB’s stand-alone revised EAL policy, which incorporates ADB’s Strategy 2030 operational priorities related to post-disaster and emergency assistance.
This paper proposes to alter the emergency assistance loan (EAL) by, among other things, (i) ensuring timely yet realistic processing times and providing additional resources for project preparation, (ii) supporting early recovery and reconstruction under the EALs, (iii) defining clear implementation time lines, and (iv) retiring the quick-disbursing component.
The focus of the revised EAL policy is on immediate short-term requirements that can be completed within a fixed maximum implementation period.
- Executive Summary
- Issues, Gaps, and Changes
- ADB’s Revised Emergency Assistance Loan Policy