Asian Development Fund
In the Spotlight
The grant will boost maintenance work and enhance the overall sustainability on sections of Afghanistan’s regional highway in the southeast and enhance the sustainability of the road transport sector.
State-of-the-art Technology Boosts Energy Efficiency, Save Money at One of Uzbekistan's Largest Plants
Two new-high-efficiency combined cycle gas turbines at the Talimarjan power plant in southern Uzbekistan will help modernize the country's energy infrastructure, free up resources for investment and produce surplus electricity for export.
This document, adopted by ADB's Board of Directors, contains recommendations reached at the ADF 12 negotiation meeting in June 2016.
32 donors agreed to the 11th replenishment of the Asian Development Fund (ADF 12) for the 4-year period from 2017 to 2020. The ADB grant support of $3.3 billion to the poorest countries represents an increase of 70% as compared to the previous 4 years.
The Asian Development Fund (ADF) bridges the development gap in Asia and the Pacific, home to both the world’s fast-rising and most vulnerable economies. ADF is a major instrument of concessional financing that has supported equitable and sustainable development in the region since 1973. Funded by ADB's member countries, it offers loans at very low interest rates as well as grants to help reduce poverty in ADB's poorest member countries.
These countries have the greatest development challenges and are eligible to receive very low interest loans and grants. ADB currently has 29 ADF countries, including 17 countries which have access to only ADF funding from ADB.