Learning Curves:ADB's Poverty Reduction Technical Assistance Trust Funds

Abstract

Two poverty reduction technical assistance trust funds were established in 2001 and 2002 to help ADB serve 600 million of the world's poor. In 2008, an independent evaluation rated these funds a success.The closure of the two funds on 31 December 2007 opens a gap in support to poverty reduction initiatives—it may need to be filled. For instance, ADB's Strategy 2020 envisions an increasing role for the private sector, yet public-private partnerships for poverty reduction are now underutilized—a strategy to enhance them may need to be worked out