Scoping Paper: Results-based Lending Midterm Review
Results-based lending was approved in March 2013 as a new ADB financing modality on a pilot basis for an initial six years. After initial implementation, ADB management will carry out a review to take stock of the experiences with RBL.
The review will examine aspects such as the demand for this modality, the sector and country distribution of the operations, ways of managing fiduciary and safeguard risks, approaches to capacity development, transaction costs by ADB and the DMCs, emerging issues, and lessons. The review will also look into whether there are areas to fine-tune the modality based on the initial experience, and if so, will make recommendations for the improvements needed.