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Funds and Resources

ADB also provides loans and grants from Special Funds and also offers grants that help reduce poverty in ADB's poorest borrowing countries.

Japan Fund for Poverty Reduction

On 1 September 2021, the Board of Directors approved renaming the Japan Fund for Poverty Reduction (JFPR) to the Japan Fund for Prosperous and Resilient Asia and the Pacific to enhance its role following the Government of Japan’s announcement in May 2021. The new JFPR will be operationalized by January 2022 with the launch of the detailed implementation guidelines currently in preparation. The enhanced JFPR will help ADB’s developing member countries achieve resilient recovery from the ongoing pandemic crisis and enhance preparedness for the next crisis. It will also help build a sustainable society and foundation for a prosperous future while bolstering vulnerable groups. It is positioned as the next-level work to help lift remaining populations above the poverty threshold and bring everyone on a sustainable path to prosperity and resilience. Its priority areas include universal health coverage, climate change and disaster risk management, quality infrastructure investment, public finance management, and poverty reduction.

For any queries you may contact, Yusuke Sekiguchi

What is the Japan Fund for Poverty Reduction?

Japan established the fund in May 2000 to provide grants for projects supporting poverty reduction and related social development activities that can add value to projects financed by ADB. In 2010, the fund expanded its scope of grant assistance to provide technical assistance grants in addition to project grants.

What are the priorities?

Priority is placed on the poorest and most  vulnerable groups living in destitution in ADB developing member countries (DMCs), primarily on innovative programs designed or implemented by local communities or nongovernment organizations (NGOs) which contribute to the achievement of the Sustainable Development Goals.

What kind of activities are eligible for the grants?

The grants are intended to focus on activities which

  • respond directly to the needs of the poorest and most vulnerable groups through new and innovative methods;
  • support initiatives that lead to rapid, demonstrable benefits with positive prospects of developing into sustainable activities; or
  • build ownership, capacity, empowerment, and participation of local communities, NGOs, and other civil society groups to facilitate their involvement in projects financed by ADB.

Who is eligible to receive the grants?

All ADB DMCs are eligible for the grants.

Who supports the fund?

Japan supports this fund. As of 31 December 2020, the total funds made available totaled about $930.6 million. ADB had approved and signed a total of $956.6 million for 487 projects. Of these, $589.0 million equivalent are for 200 project grants and $367.6 million are for 287 technical assistance projects.