In the Spotlight
Strategy 2030 sets the course for ADB’s efforts to respond effectively to the Asia and Pacific region’s changing needs.?Under Strategy 2030, ADB will expand its vision to achieve a?prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
ADB ranked first in the 2018 Aid Transparency Index, compiled by British nongovernment organization Publish What You Fund, in recognition of its ongoing efforts to improve the quality and scope of its aid data disclosure.
Combining finance with innovative solutions, ADB expands support for the region’s diverse and specific challenges. Our Annual Report 2017 provides a clear, comprehensive, and detailed record of ADB’s operations, activities, and financial results. Read the report.
New research on how technology affects jobs, the subject of the special theme chapter in the Asian Development Outlook 2018 report, points out that while some of the region’s jobs will be eliminated through automation, countervailing forces will more than compensate against job losses.
A special edition of this flagship publication tells 50 stories of how ADB’s partnerships with government, civil society, the private sector, and other development partners help to meet the needs of a rapidly changing region.
The Asian Development Bank envisions a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty in the region. Despite the region's many successes, it remains home to a large share of the world's poor: 330 million living on less than $1.90 a day and 1.24 billion on less than $3.20 a day.
ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.
?As a multilateral development finance institution, ADB provides:
- technical assistance
Our clients are our member governments, who are also our shareholders. In addition, we provide direct assistance to private enterprises of developing member countries through equity investments and loans.
ADB maximizes the development impact of its assistance by
- facilitating policy dialogues,
- providing advisory services, and
- mobilizing financial resources through cofinancing operations that tap official, commercial, and export credit sources
To achieve our vision, we focus on seven operational priority areas. Our support in these areas are delivered through both public and private sector operations, advisory services, and knowledge support.
- addressing remaining poverty and reducing inequality
- accelerating progress in gender equality
- tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
- making cities more livable
- promoting rural development and food security
- strengthening governance and institutional capacity
- fostering regional cooperation and integration
Where does ADB get its funding?
ADB raises funds through bond issues on the world's capital markets. We also rely on our members' contributions, retained earnings from our lending operations, and the repayment of loans. We also provide loans and grants from a number of special funds.
How much assistance does ADB provide?
ADB’s total operations of $32.2 billion in 2017 consisted of $20.1 billion in loans, grants, and investments from its own resources (up 51% from 2016) including nonsovereign operations of $2.3 billion (a 31% increase from 2016); $11.9 billion in cofinancing from bilateral and multilateral agencies and other financing partners; and $201 million in technical assistance (a 11% increase from 2016).