In the Spotlight
The needs of Asia and the Pacific far outweigh the resources of any one country or organization. Partnering is the only hope for eradicating poverty in the region. Find out more about partnering and cofinancing opportunities with the Asian Development Bank.
Kai Preugschat, head of ADB's Office of Cofinancing Operations, highlights the advantages of partnering with ADB.
ADB's cofinancing operations hit a new record in 2016, exceeding the $14 billion mark and reflecting the importance of partnerships in addressing Asia and the Pacific’s continuously growing development needs, says ADB's Donor Report 2016.
ADB approved $2.5 billion in new private sector financing in 2016. Together with cofinancing, ADB mobilized $8.3 billion for private sector projects in the region, a 15% increase over last year and a new record for the multilateral.
ADB’s mandate to reduce poverty in Asia and the Pacific requires a scale of investment that can only be partially delivered through its own resources. Strategic partnerships with other development organizations facilitate a wider flow of financial resources and knowledge to help improve development effectiveness throughout the region.
ADB works jointly with international development agencies, multilateral and bilateral institutions, the private sector, and other emerging development partners to fund activities that improve people's lives in the region. More on cofinancing with ADB
ADB also helps developing member country governments and private sector borrowers in securing debt financing from commercial financial institutions for ADB projects on commercial terms. More on commercial cofinancing
Official cofinancing for investment projects (2016)
Total cofinancing leveraged (2016)
Cofinancing for TA projects (2016)
Commercial cofinancing for investment projects (2016)