Funds and Resources
ADB offers loans, grants, and technical assistance from Special Funds, Trust Funds, and other sources to help reduce poverty in Asia’s poorest countries.
The fund was established under the Regional Cooperation and Integration Financing Partnership Facility in 2008 to help address the challenges of promoting investment and tackling climate change through energy efficiency. The fund is one of the pillars under the Enhanced Sustainable Development for Asia (ESDA) initiative which supports the efforts of ADB and its developing member countries (DMCs) to overcome these challenges.
The fund’s objective is to finance activities supported by ADB, including technical assistance and grant provision to investment projects that promote investments in DMCs and facilitate regional cooperation and integration through construction of basic infrastructure, facilitation of investment climate, capacity building, and promotion of good governance.
Funding priority will be given to projects that promote financial sector development and regional investment. Examples are projects that
Likewise, projects that will promote the visibility of the fund as well as those which will be implemented in cooperation with Japanese aid agencies.
All DMCs are eligible for support from the fund.
The Government of Japan supports the fund with an initial contribution of $11.5 million. Total funds made available up to 31 December 2012 amounted to approximately $32.2 million.