Funds
ADB administers for its projects the following funds and financing facilities. Partners are welcome to contribute to these funds through cofinancing.
ADB administers for its projects the following funds and financing facilities. Partners are welcome to contribute to these funds through cofinancing. See cofinancing partnerships.
Special Funds
ADB is authorized by its Charter (Article 19) to establish and administer special funds. Whenever a special fund involves contributions from financing partners, these funds are administered with the same level of care as ADB’s own resources.
Name | Fund Contributors | Year Established |
---|---|---|
ADB Institute Special Fund | Australia, People's Republic of China, Indonesia, Japan, Republic of Korea | 1996 |
Asia Pacific Disaster Response Fund | ADB, Japan | 2009 |
Asian Development Fund | ADB Member Countries | 1973 |
Climate Change Fund | ADB | 2008 |
Financial Sector Development Partnership Special Fund | ADB, Luxembourg | 2013 |
Japan Special Fund | Japan | 1988 |
Regional Cooperation and Integration Fund | ADB, Japan | 2007 |
Technical Assistance Special Fund | ADB Member Countries | 1967 |
Trust Funds
Trust funds enable a partner to channel cofinancing resources to finance various projects and activities that meet certain eligibility criteria or specific focus areas, including disaster risk management, clean energy, private sector development, gender and development, good governance, information technology, poverty reduction, and regional trade. ADB fully administers the funds as trustee or administrator. The main advantage is that a single agreement can cover a number of projects, reducing the need to negotiate on a case-by-case basis. Trust funds can involve one or more donors.
Financing Partnership Facilities
These are operational mechanisms for strategic, long-term, multi-partner cooperation that link various forms of assistance in a coordinated manner for well-defined purposes. These may include trust funds, special funds, framework arrangements, risk-sharing mechanisms, or knowledge sharing that financing partners agree upon for a defined program of activities.
ADB Ventures Financing Partnership Facility
- ADB Ventures Investment Fund 1 (Multi-Partner Trust Fund)
Clean Energy Financing Partnership Facility
- Artificial Intelligence and Digitalization Fund (Single-Partner Trust Fund)
- Asian Clean Energy Fund (Single-Partner Trust Fund)
- Canadian Climate Fund for the Private Sector in Asia (Single-Partner Trust Fund)
- Carbon Capture and Storage Fund (Multi-Partner Trust Fund)
- Clean Energy Fund (Multi-Partner Trust Fund)
Health Financing Partnership Facility
- Regional Malaria and Other Communicable Disease Threats Trust Fund (Multi-Partner Trust Fund)
Regional Cooperation and Integration Financing Partnership Facility
- Investment Climate Facilitation Fund (Single-Partner Trust Fund)
- Regional Cooperation and Integration Fund (Special Fund)
- United Kingdom Fund for Asia Regional Trade and Connectivity (ARTCF) (Single-Partner Trust Fund)
Urban Financing Partnership Facility
- Urban Climate Change Resilience Trust Fund (Multi-Partner Trust Fund)
- Urban Environmental Infrastructure Fund (Multi-partner Trust Fund)
- Cities Development Initiative for Asia (Multi-Partner Trust Fund)
- ASEAN Australia Smart Cities Trust Fund (Single-Partner Trust Fund)
Water Financing Partnership Facility
- Sanitation Financing Partnership Trust Fund under the Water Financing Partnership Facility (Single-Partner Trust Fund)
- Multidonor Trust Fund under the Water Financing Partnership Facility
- Netherlands Trust Fund under the Water Financing Partnership Facility (Single-Partner Trust Fund)
Other Funds
Other funds include
- funds administered by ADB that are earmarked for a specific program, activity, or output identified by partners; and
- funds which ADB contributes to but are administered by other multilateral banks.
Name | Sub-type | Fund Contributors | Year Established |
---|---|---|---|
ASEAN Catalytic Green Finance Facility | Other Fund | Brunei Darussalam, Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, Philippines, Singapore, Thailand, Viet Nam | 2019 |
ASEAN Infrastructure Fund | Other Fund | Brunei Darussalam, Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, Philippines, Singapore, Thailand, Viet Nam | 2011 |
Credit Guarantee and Investment Facility | Trust Fund | ADB, Brunei Darussalam, Cambodia, People's Republic of China, Indonesia, Japan, Republic of Korea, Lao People's Democratic Republic, Malaysia, Myanmar, Philippines, Singapore, Thailand, Viet Nam | 2010 |
Future Carbon Fund | Trust Fund | Belgium, Finland, Republic of Korea, Sweden, 2 private sector partners | 2009 |
Pakistan Economic Corridors Programme | Other Fund | United Kingdom | 2015 |
Public-Private Infrastructure Advisory Facility | Other Fund | World Bank (Trustee) | 1999 |
Global funds are funding initiatives managed by other multilateral banks. These can be accessed by multiple agencies, including ADB. ADB helps its developing member countries gain access to global funds for which World Bank serves as the Trustee.
Name | Sub-type | Trustee | Year Established |
---|---|---|---|
Climate Investment Funds | Global Fund | World Bank | 2008 |
Global Agriculture and Food Security Program | Global Fund | World Bank | 2010 |
Global Environment Facility | Global Fund | World Bank | 1991 |
Global Partnership for Education Fund | Global Fund | World Bank | 2002 |
Green Climate Fund | Global Fund | World Bank | 2010 |