Financing Partnerships

While climate change is a global issue that concerns everybody, rising temperatures and sea levels and the increasing frequency and severity of natural hazards represent an existential risk for the Pacific.

ADB worked with Nepal following the 7.8 magnitude earthquake on 25 April 2015 and the devastating aftershock on 12 May 2015 that cost 9,000 lives and destroyed thousands of structures in Kathmandu and nearby towns.

ADB's Secondary Towns Integrated Urban Environmental Improvement Project improved the quality of life in Nepal's three key regional centers - Biratnagar, Birgunj and Butwal municipalities.

The Government of Nepal introduced the National Relief Program to respond to public health emergencies triggered by COVID-19. ADB provided budgetary support of $250 million under the COVID-19 Active Response and Expenditure Support Program.

ADB’s Second Rural Water Supply and Sanitation Sector Project and its Additional Financing, implemented from 2009 to 2020, paved the way for major changes in Dil’s village. It also benefitted other villages across six provinces around Tonle Sap Lake, where many of Cambodia’s poorest people live.

Rapid urbanization, population growth and climate change have severely affected Tonga’s water supply, sanitation and infrastructure. The Nuku'Alofa Urban Development Sector Project helped improve water accessibility and supply in the country.

The innovative Shandong Green Development Fund Project, cofinanced by ADB, KfW, AfD, and GCF, aims to leverage funding from institutional, commercial, and other sources from about $400 million in seed funding from the development partners.

In 2020, the World Bank Group cofinanced with ADB nine projects for a total of $1.3 billion, including three COVID-19-related projects.