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 official cofinancing for Tuvalu amounted to $3 million for one investment project and $0.5 million for three technical assistance projects.
In 2015, Tuvalu received $3 million grant cofinancing from the governments of Australia and New Zealand and the World Bank for the Strengthened Fiscal Sustainability Program.
Tuvalu: Projects Cofinanced, 1 January 2011–31 December 2015
|Cofinancing||No. of Projects||Amount ($ million)|
|Technical Assistance Grants||1||0.21|
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Tuvalu, 1 January 2011–31 December 2015
|Project||ADB Amounta ($ million)||Cofinancing Amount ($ million)||Type of Cofinancingb|
|Strengthened Fiscal Sustainability Program||2.00||3.00||G|
a Loan, grant or blend.
b G = grant cofinancing.