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The Asian Development Bank

aims for an Asia and Pacific free


from poverty. Approximately
1.4 billion people in the region
are poor and unable to access
essential
goods,
services,
assets and opportunities to
which every human is entitled.

What does ADB do?


With $22.93billion in approved financing in 2014and
2,997employees from 60of its 67 members, ADB in partnership
with member governments, independent specialists and other
financial institutions is focused on delivering projects that create
economic and development impact.
ADB helps developing member countries tackle poverty by
providing loans, technical assistance and grants for a broad
range of development activities.
ADB focuses on five core areas of operations: infrastructure; the
environment, including climate change; regional cooperation and
integration; finance sector development; and education. Asian
Development Fundoperations completed during 2010-2013 has
helped ADBs poorest member countries deliver results in many
areas. It has:

built or upgraded educational facilities for the benefit of over 17


million students, and trained over 1 million teachers with quality
or competency standards. More than 28 million students were
educated and trained under improved quality assurance systems;
built or upgraded 25,000 km of roads which saw over 10 million
vehicle-km of daily use on average in the first full year of
operation;
provided more than 1million households with access to clean
water by installing or rehabilitating 15,000 km of water supply
pipes, and upgraded sanitation in 293,000 households. Almost 2
million hectares of land have been improved as a result of
irrigation, drainage, and flood management initiatives;
installed 230 megawatts of new generating capacity, and built or
upgraded 11,300 kilometers (km) of transmission and distribution
lines; and
reduced greenhouse gas emissions by 600,000 tons of carbon
dioxide equivalent per year by promoting more efficient and
cleaner energy operations.

Who owns ADB?


ADB has 67 shareholding members including
48 from the Asia and Pacific region.
Membership in ADB is open to:
members and associate members of
theUnited Nation Economic and Social
Commission for Asia and the Pacific; and other
regional countries and non-regional developed
countries that are members of the United
Nations or of any of its specialized agencies.

How does ADB differ from commercial banks?

ADB is a multilateral development finance institution that


engages in mostly public sector lending for development
purposes. The clients are The member governments, who are
also the shareholders.
They also provide direct assistance to private enterprises of
developing member countries through equity investments
and loans.
An innovation to combine concessional lending operations
with ordinary capital resources balance sheet aims to
enhance ADBs lending capacity.

How much assistance does ADB


provide to support development
activities in the Asia-Pacific region?
In 2014, ADBs operations totaled $22.93billion, of which
$13.69billion was financed by ADB (Ordinary Capital
Resources (OCR) and Special Funds) and $9.24billion by co
financing partners.
Sovereign operations in 2014, including official and technical
assistance co financing, totaled $15.99billion.Some of
ADB's sovereign financing included:
$11.20 billion in loans,
$405 million in grants,
$148 million in technical assistance.
Non sovereign operations, including co financing, totaled
$6.94 billion. Some of ADB's non-sovereign financing
included:
$17.14billion in loans,
$185million in equity investments.

How is ADB governed?


ADB's highest policy-making body is
theBoard
of
Governors,
whichmeets
annuallyand comprises one representative
from each member nation 48 from the
Asia-Pacific and 19 from outside the region.
The Governors elect 12 members of
theBoard of Directors. The ADB President,
assisted by six Vice Presidents and a
Managing Director General, manages the
business of ADB.

Does ADB share information about its operations with the


public?

ADB values transparency and is


committed to increasedaccess to
informationunder thepublic
communications policy(PCP). An
essential part of the institutional
governance, the PCP promotes
proactive external relations and
recognizes the right of people to
seek, access, and impart information

The review of the 2005 policy in


2010 has shown that overall the
public
communications
policy
remains relevant and that ADB
compares well against other
multilateral development banks in
terms of information disclosure
good practices

How does ADB ensure that the voice of the poor is heard at all levels of decision making?

ADB consults people from all sections of


society to ensure that the projects,
programs, and strategies meet people's
needs. Thecountry partnership strategythe main planning document at the country
level - emphasizes consultation with the
government, the private sector, civil
society, and all project stakeholders.

What is ADB doing to fight corruption?

TheAnticorruption Policyrequires all staff and parties


carrying out activities financed by ADB (e.g., bidders,
consulting
firms,
consultants,
contractors,
and
suppliers) to adhere to the highest financial and ethical
standards. The Office of Anticorruption and Integrity
(OAI) conducts investigations and audits related to
project procurement, and raises awareness on
anticorruption issues.
Contact OAIto report concerns or evidence that
corruption, fraud, coercion, collusion, abuse, conflict of
interest, or obstructive practice may have occurred or
is occurring related to any ADB-financed activity.

Angellene M. Salanatin BSA 2-1

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