Development Effectiveness Report 2016: Private Sector Operations

Abstract

2016 marks the 50th anniversary of the Asian Development Bank (ADB) and the first full year with the new Sustainable Development Goals and the Paris agreement to fight the effects of climate change. Ending poverty without further exacerbating climate change will only be possible if the private sector takes a leading role in supporting green economic growth and creating quality jobs. Private capital and expertise will be needed to address poverty. ADB strongly recognizes this salient role of the private sector in meeting the development challenges in Asia and the Pacific. Through its Private Sector Operations Department, ADB provides assistance to the private sector to help address these development challenges. This seventh annual report reviews the contributions of ADB’s Private Sector Operations Department during 2016 to promoting its development effectiveness agenda.