Asian Development Fund X
Negotiations for the ninth replenishment of the Asian Development Fund (ADF X) proceeded in parallel with the review of ADB's Long-Term Strategic Framework (Strategy 2020). This overall framework also applies to ADF operations and therefore the strategic agendas of inclusive growth, environmentally sustainable growth, and regional integration also became the strategic priorities of ADF X. Similarly, Strategy 2020's core and other operational areas have defined ADF X's operational priorities. Meanwhile, ADF X also considered circumstances unique to ADF countries, enabling them to graduate as soon as possible.
ADF X discussions were concluded in Madrid in May 2008. Thirty donor members of ADB agreed on a total replenishment size of Special Drawing Rights (SDR) 7.1 billion ($11.3 billion), which consist of SDR6.9 billion for ADF X and SDR0.2 billion (equivalent to 3% of the total replenishment) for the fourth replenishment of the Technical Assistance Special Fund. Donors pledged new burden-shared contributions of SDR2.6 billion ($4.2 billion), and some additional contributions. As a result, the ADF X replenishment is significantly higher than the $7 billion agreed at the conclusion of ADF IX, which covered 2005-2008. ADF X covers 2009-2012.
ADF X Donors' Meetings
First Meeting, Sydney, 13-14 September 2007
Donor members, selected ADF borrower representatives, Management including President Haruhiko Kuroda, and ADB senior staff met in Sydney, Australia on 13-14 September 2007 to start discussions on the ninth replenishment of the Asian Development Fund (ADF X). Members of the ADB Board of Directors also attended the meeting.
The meeting discussed some of the critical issues for consideration during ADF X, including aid effectiveness and results, the role and priorities of ADF X, long-term financing issues, and proposed refinements of the performance-based allocation system. A panel discussion was also held with selected representatives of Pacific developing member countries.
The meeting was chaired by the former Dean of the ADB Institute, Dr. Peter McCawley.
- Implementation of the Paris Declaration in ADF Countries
- Chair's Summary
- Effectiveness of Asian Development Fund Operations
- ADF X (2009-2012) Role and Priorities
- Refining Performance-Based Allocation
Second Meeting, Vientiane, 26-27 November 2007
The second ADF X Donors' Meeting was held in Vientiane, the Lao People's Democratic Republic on 26-27 November 2007. The meeting was the first to be held in an ADF recipient country. It was attended by representatives from donors, selected ADF recipients, ADB Management including President Haruhiko Kuroda, and ADB senior staff. H.E. Bouasone Bouphavanh, Prime Minister of the Lao PDR, delivered welcome remarks and H.E. Somdy Douangdy, Finance Minister of Lao PDR, made a presentation on the role of ADF in Lao PDR during the opening session. Members of the ADB Board of Directors also attended the meeting as observers. Peter McCawley chaired the meeting.
Discussions focused on the demand for ADF X resources, the preliminary findings of an Operations Evaluation Department evaluation of ADF VIII and IX, ADF support for regional cooperation, implementation of ADB's approach to weakly performing countries, progress on the ADB's Reform Agenda, and financing of ADF X. A field visit was organized on 28 November to see ADF projects in the Lao PDR.
- Chair's Summary
- Demand for ADF X Assistance
- Evaluation of Asian Development Fund VIII and IX: Selected Findings
- ADF and Regional Cooperation
- Progress on the Reform Agenda
- ADB's Approach to Climate Change in Asian Development Fund Countries
Third Meeting, Manila, 13-14 March 2008
For the first time since 1996, donor representatives convened in Manila, Philippines, for the third ADF X Donors' Meeting, held at ADB Headquarters. They were joined by selected ADF recipient representatives, as well as by observers from other multilateral development banks and from the ADB Board of Directors. President Haruhiko Kuroda, together with senior Management and staff, led the ADB delegation to the meeting which was again chaired by Peter McCawley.
Discussions centered on development effectiveness of ADF and ADB's results framework, allocation of ADF X resources, ADF X replenishment financing framework, and draft Donors' Report. A field visit was organized on 12 March to see some development projects targeting poverty reduction in the Metro Manila area.
- Chair's Summary
- Development Effectiveness of ADF and ADB's Results Framework
- ADB's Reform Agenda
- Regional Projects in ADF: Impacts and Funding Issues
Fourth Meeting, Madrid, 1-2 May 2008
Donor representatives gathered in Madrid, Spain for the final ADF X Donors' Meeting. Selected ADF recipient representatives, observers from other multilateral development banks and the ADB Board of Directors also attended the meeting. President Haruhiko Kuroda, together with senior Management and staff, led the ADB delegation to the meeting which was chaired by Peter McCawley.
The meeting discussed remaining key issues for consideration during ADF X, including revised ADF X results framework, final ADF X replenishment financing framework, revised Donors' Report, and draft Resolution of the Board of Governors.
- Chair's Summary
- Asian Development Fund - Results Reporting and Management
- Executive Summary of the ADF X Donors' Report
ADF X Donors' Report
The ADB Board of Directors on July 2008 adopted the Asian Development Fund X Donors' Report: Towards an Asia and Pacific Region Free of Poverty, which contains the main understanding and recommendations reached at the four ADF X negotiation meetings.
ADF X Midterm Review
The ADF X Midterm Review meeting was held in Manila, Philippines on 18-19 November 2010. The midterm review is a central accountability mechanism for ADF, providing a forum for ADB to report to donors on its progress in implementing ADF operations. The meeting was chaired by Mme. Huguette Labelle with participation from donors, selected ADF borrowers, and ADB Management and staff.
- Chair’s Summary
- Overview of ADF X at Midterm
- Stocktaking of the Reform Agenda
- Development Effectiveness Review - Progress on Key Actions
- Refinements to ADF Results Framework
- Strategic Directions of Asian Development Fund Operations for Promoting Climate Change Mitigation and Adaptation
- ADB Engagement in Fragile and Conflict-Affected Situations, 2007-2009
- Development Effectiveness of Regional Cooperation and Integration Initiatives
- Update on the Status of Debt Relief
- ADF's Performance-Based Allocation System: Review of the Current System and the Post Conflict Assistance Phaseout
- Review of Member Country Procurement Eligibility Restrictions at the Asian Development Bank
- Review of Technical Assistance Special Fund Operations - Measures for Improving Effectiveness