Strategy Paper: ADB's Financing Partnership Strategy

Abstract

Reducing poverty in Asia and the Pacific region requires more investment with greater development orientation and impact. The required scale of development investment will only be delivered through financial partnering designed to produce results. Financial partnering is an increasingly important trend in global development finance, and meets the demands of the Asian Development Bank’s (ADB) clients, shareholders, and financing partners. It is consistent with ADB’s strategies and is of key significance for ADB. The financing partnership strategy (FPS) would move ADB from being “reactive” to “proactive”, from “gap-filling” to operating in “genuine partnerships”, and from simply “adding cash” to “adding value”. The FPS builds on ADB’s recently approved medium-term strategy II as well as related initiatives. It outlines ADB’s objectives, approaches, and measures to add value in financial partnerships for development by acting as a catalyst for a variety of external sources.