Asian Development Fund (ADF)

ADF provides grants to ADB's lower-income developing member countries. Established in 1974, the ADF initially provided loans on concessional terms. Activities supported by the ADF promote poverty reduction and improvements in the quality of life in the poorer countries of the Asia and Pacific region.

50 Years of Meeting Asia and the Pacific’s Most Urgent Need

The past 50 years have been a time of rapid change for the region and the ADF. From being the poorest region of the world, Asia and the Pacific has become one of the key engines of global growth. As a result, the number of poor living on less than $2.15 a day in the region was reduced drastically from over a billion in 1973 to around 200 million today.

The ADF is proud to be a steadfast partner in this process of growth and development. As ADB’s largest Special Fund and ADB’s main source of grants, the ADF remains critical to building resilience and sustainability in ADB’s poorest and most vulnerable developing member countries (DMCs).

How is ADF funded?

ADF resources mainly come from contributions of ADB's member countries, mobilized under periodic replenishments, and net income transfers from ADB's ordinary capital resources.

In the Spotlight


Focus on Climate Change

The battle against climate change will be won or lost in Asia and the Pacific and will disproportionately affect the region’s most vulnerable. It will impact the livelihoods, food, water, and health for millions of people. ADF supports disaster risk reduction and climate adaptation.