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.
ADB has approved $38 million in contingent disaster financing to help Kiribati, Samoa, Solomon Islands, and Tonga respond to disasters triggered by natural hazards and health emergencies.
ADB and Monsoon Wind Power Company Limited signed a $692.55 million nonrecourse project financing package to build a 600-megawatt wind power plant in Sekong and Attapeu provinces in the southern region of the Lao People’s Democratic Republic.
This edition focuses on how Asian Development Fund (ADF) grants are uplifting the lives of millions of the most vulnerable people in Asia and the Pacific.
From clean power to port infrastructure, the Asian Development Fund is transforming the Pacific.
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. The twelfth replenishment (ADF 13) will support grant operations between 2021-2024 and is the first ADF to support the implementation of ADB’s corporate strategy—Strategy 2030—during its full cycle.
ADB uses a three-tier developing member country classification system determined by two criteria: gross national income per capita (Atlas method) and creditworthiness.
Read stories from the beneficiaries' perspective showing how the ADF grants uplift the lives of the most vulnerable in Asia and the Pacific region.
The Pacific Disaster Resilience (PDR) Program program allocates $15 million in policy-based loans and ADF grants for Samoa, Tonga, and Tuvalu when disasters occur and also supports priority actions for disaster risk management.
A major focus of the Phuentsholing Township Development Project is to provide a safer space in which the town can grow by helping develop a new urban center with raised ground levels in an area sheltered by the embankments.
Strategy, Policy and Partnerships Department (SPD)
Asian Development Bank
6 ADB Avenue, Mandaluyong City 1550
Metro Manila, Philippines