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Asian Development Bank

The Asian Development Bank (ADB) is a regional development bank established in 1966 with 67 member countries. Its primary aim is to reduce poverty in Asia and the Pacific, where approximately 1.7 billion people live in poverty. The ADB provides loans, technical assistance, and grants for projects focused on infrastructure, energy, education, health, and other sectors to promote economic growth in the region.

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0% found this document useful (0 votes)
58 views22 pages

Asian Development Bank

The Asian Development Bank (ADB) is a regional development bank established in 1966 with 67 member countries. Its primary aim is to reduce poverty in Asia and the Pacific, where approximately 1.7 billion people live in poverty. The ADB provides loans, technical assistance, and grants for projects focused on infrastructure, energy, education, health, and other sectors to promote economic growth in the region.

Uploaded by

Sudeshna Sarkar
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Asian Development Bank

Fighting Poverty in Asia and the Pacific

Asian Development
Bank
Asian Development Bank
Fighting Poverty in Asia and the Pacific

Fighting poverty in Asia and


Motto
the Pacific
Formation 22 August 1966
Purpose/focus Crediting
Mandaluyong City, Metro
Headquarters
Manila, Philippines
Region served Asia-Pacific
Membership 67 countries

President Takehiko Nakao


Asian Development Bank
Fighting Poverty in Asia and the Pacific

 The Asian Development Bank (ADB) is a regional


development bank.

 Primary Aim: The Asian Development Bank aims for an


Asia and Pacific free from poverty.

 Approximately 1.7 billion people in the region are poor and


unable to access essential goods, services, assets and
opportunities to which every human is entitled.
Asian Development Bank
Fighting Poverty in Asia and the Pacific

 The bank admits the members of the United Nations


Economic and Social Commission for Asia and the
Pacific and non-regional developed countries.

 From 31 members at its establishment, ADB now has 67


members - of which 48 are from within Asia and the
Pacific and 19 outside.
Asian Development Bank
Fighting Poverty in Asia and the Pacific

19 48
Non regional members Regional members
Asian
Management Development
of natural resources Bank
Fighting Poverty in Asia and the Pacific

Goals

ZERO INCOME POVERTY

ZERO HUNGER & MALNUTRITION

GENDER EQUALITY

DECENT JOBS FOR EVERY ONE OF WORKING AGE


Asian
Management Development
of natural resources Bank
Fighting Poverty in Asia and the Pacific

HEALTH FOR ALL

IMPROVED LIVING CONDITION FOR ALL

QUALITY EDUCATION FOR ALL

LIVE ABLE CITIES


Asian
Management Development
of natural resources Bank
Fighting Poverty in Asia and the Pacific

ENVIRONMENTAL RESPONSIBILITY AND


MANAGEMENT OF NATURAL RESOURCES

DISASTER RISK REDUCTION

ACCOUNTABLE & RESPONSIVE GOVERNMENTS

STRONG DEVELOPMENT PARTNERSHIPS &


REFORMED GLOBAL GOVERNANCE
Asian Development Bank
Fighting Poverty in Asia and the Pacific

FUNCTIONS

1. Promote investment in the region of public and private


capital for development purposes.

2. Provide loans for the economic and social development


of the member countries of the region.

3. Help member countries in coordinating their


development policies and plans.
Asian Development Bank
Fighting Poverty in Asia and the Pacific

4. Provide technical assistance for the preparation,


financing and execution of development projects and
programmes.

5. Undertake such other activities and provide such other


services as may advance its objectives.

6. Provide financial and technical assistance to member


countries for environmental protection.
Asian Development Bank
Fighting Poverty in Asia and the Pacific

7. Act as financial intermediary by transferring resources


from global capital markets to developing countries.

8. Support public resource mobilization and management


to member countries.
Asian Development Bank
Fighting Poverty in Asia and the Pacific

Areas of Work

The Bank's operations cover a wide spectrum of activities


and have been classified according to the following sectors:

 Agriculture  Industry and Trade


 Education  Information and Communication Technology
 Public Sector Management
 Energy
 Social Protection
 Finance  Transport
 Health  Water
Asian Development Bank
Fighting Poverty in Asia and the Pacific

Need
Asian Development Bank
Fighting Poverty in Asia and the Pacific

CHALLENGES
Asian Development Bank
Fighting Poverty in Asia and the Pacific

ADB & India


 India became a member of the Asian Development Bank
(ADB) as a founding member in 1966.

 India is holding 6.33% of shares, totaling 672,030 shares, in


ADB as on 31st December, 2012.

 India has 5.36% voting rights.

 ADB holds Annual meetings in a member country in late April


or early May every year. 46th Annual Meeting of the ADB is
being hosted by India during 2-5 May, 2013 in New Delhi.
Asian Development Bank
Fighting Poverty in Asia and the Pacific

Role of ADB in India


ABD’S INTERFACE WITH INDIA

 ADB assistance to India commenced in 1986.


Average Annual Lending $
1986-1996 $586 million
1997-2002 $905 million
2003-2007 $1.094 billion
2008-2012 $1.9 billion
Asian Development Bank
Fighting Poverty in Asia and the Pacific

 Core focus of ADB’s strategy in India-poverty reduction


through infrastructure-led growth.
 ADB provided assistance mainly for national programs
through central public utilities in the transport and energy
sectors.
 ADB has expanded operations beyond the power, transport,
and urban sectors into areas focusing on financial inclusion
and generation of sustainable livelihoods, integrated water
resources management with a focus on climate change
adaptation, agribusiness infrastructure development; and
tourism.
Asian Development Bank
Fighting Poverty in Asia and the Pacific

IMPACT OF ASSISTANCE

1. Support for the Rural Roads Program since 2003 is helping to


improve connectivity in rural areas of five states-Assam,
Chhattisgarh, Madhya Pradesh, Orissa, and West Bengal

2. The Gujarat Power Sector Development Project (December


2000–March 2007) helped the government of Gujarat by
establishing an appropriate legal and regulatory framework
for the electricity sector

3. The Gujarat Earthquake Rehabilitation and Reconstruction


Project(May 2001–November 2007) has helped in
reconstructing and restoring damaged infrastructure in the
earthquake-affected areas of Gujarat
Asian Development Bank
Fighting Poverty in Asia and the Pacific

4. The Tsunami Emergency Assistance (Sector) Project has helped


to rebuild houses, roads, bridges, ports facilities, and other
public infrastructure incorporating better safety standards

5. The Housing Finance II project, consisting of loans(March


2002–June 2007), provided loans to low-income households
for home purchases or improvements through financial
intermediaries
Asian Development Bank
Fighting Poverty in Asia and the Pacific

Achievements of the Asian Development Bank:


 Afghan Diaspora project.
 Funding Utah state university led projects to bring labor
skills in Thailand.
 Earthquake and tsunami emergency support project in
Indonesia.
 Greater Mekong sub regional program.
 ROC ping hu offshore oil and gas development.
 Strategic private sector partnerships for urban poverty
reduction in the Philippines.
 Trans-Afghanistan gas pipeline feasibility assessment.
Asian Development Bank
Fighting Poverty in Asia and the Pacific

 Loan of $1.2 billion to bail it out of an impending economic


crisis in Pakistan and ongoing funding for the countries
growing energy needs, specifically Hydro-power projects.

 Micro finance support for private enterprises, in conjunction


with governments, including Pakistan and India.

 The Yichang-Wanzhou Railway project in the mountainous


area of western Hubei Province and north-
eastern Chongqing Municipality, China.

 Colombo Harbor Expansion Project.


Asian Development Bank
Fighting Poverty in Asia and the Pacific

Thank You

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