Asian Development Bank Publications Unit External Relatio

Published purpose

This contribution represents Canada’s institutional support to the Asian Development Bank (ADB). The ADB is a multilateral development financial institution based in Manila, Philippines, whose mandate is to reduce poverty and improve the lives of the poor by fostering economic growth and regional cooperation. As articulated in the Bank’s long-term strategic framework, Strategy 2020, the ADB pursues its vision by focusing on three complementary strategic agendas: 1) Inclusive economic growth; 2) Environmentally sustainable green growth; and, 3) Regional integration and cooperation. The ADB focuses on five core areas including infrastructure, environment, regional cooperation and integration, finance sector development, and education, by providing assistance to governments and private enterprises through loans, technical assistance, grants, guarantees, and equity investments. During the period of 2009-2012, Canada’s contribution to the institutional support of the ADB has supported projects in infrastructure, policy support and reform, production capacity, health and education, environmentally sustainable investments, good governance and capacity building for development management, and regional cooperation and integration.