Asian development bank (ADB)
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  • 1. Asian Development Bank Fighting Poverty in Asia and the Pacific Asian Development Bank
  • 2. Asian Development Bank Fighting Poverty in Asia and the Pacific Motto Fighting poverty in Asia and the Pacific Formation 22 August 1966 Purpose/focus Crediting Headquarters Mandaluyong City, Metro Manila, Philippines Region served Asia-Pacific Membership 67 countries President Takehiko Nakao
  • 3.  The Asian Development Bank (ADB) is a regional development bank.  Primary Aim: The Asian Development Bank aims for an Asia and Pacific free from poverty.  Approximately 1.7 billion people in the region are poor and unable to access essential goods, services, assets and opportunities to which every human is entitled. Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 4.  The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific and non-regional developed countries.  From 31 members at its establishment, ADB now has 67 members - of which 48 are from within Asia and the Pacific and 19 outside. Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 5. Non regional members Regional members Asian Development Bank Fighting Poverty in Asia and the Pacific 4819
  • 6. Management of natural resourcesAsian Development Bank Fighting Poverty in Asia and the Pacific ZERO INCOME POVERTY ZERO HUNGER & MALNUTRITION GENDER EQUALITY DECENT JOBS FOR EVERY ONE OF WORKING AGE Goals
  • 7. Management of natural resourcesAsian Development Bank Fighting Poverty in Asia and the Pacific HEALTH FOR ALL IMPROVED LIVING CONDITION FOR ALL QUALITY EDUCATION FOR ALL LIVE ABLE CITIES
  • 8. Management of natural resourcesAsian Development Bank Fighting Poverty in Asia and the Pacific ENVIRONMENTAL RESPONSIBILITY AND MANAGEMENT OF NATURAL RESOURCES DISASTER RISK REDUCTION ACCOUNTABLE & RESPONSIVE GOVERNMENTS STRONG DEVELOPMENT PARTNERSHIPS & REFORMED GLOBAL GOVERNANCE
  • 9. FUNCTIONS 1. Promote investment in the region of public and private capital for development purposes. 2. Provide loans for the economic and social development of the member countries of the region. 3. Help member countries in coordinating their development policies and plans. Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 10. 4. Provide technical assistance for the preparation, financing and execution of development projects and programmes. 5. Undertake such other activities and provide such other services as may advance its objectives. 6. Provide financial and technical assistance to member countries for environmental protection. Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 11. 7. Act as financial intermediary by transferring resources from global capital markets to developing countries. 8. Support public resource mobilization and management to member countries. Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 12. Areas of Work The Bank's operations cover a wide spectrum of activities and have been classified according to the following sectors:  Agriculture  Education  Energy  Finance  Health Asian Development Bank Fighting Poverty in Asia and the Pacific  Industry and Trade  Information and Communication Technology  Public Sector Management  Social Protection  Transport  Water
  • 13. Need Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 14. CHALLENGES Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 15. ADB & India  India became a member of the Asian Development Bank (ADB) as a founding member in 1966.  India is holding 6.33% of shares, totaling 672,030 shares, in ADB as on 31st December, 2012.  India has 5.36% voting rights.  ADB holds Annual meetings in a member country in late April or early May every year. 46th Annual Meeting of the ADB is being hosted by India during 2-5 May, 2013 in New Delhi. Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 16. Role of ADB in India ABD’S INTERFACE WITH INDIA  ADB assistance to India commenced in 1986. Asian Development Bank Fighting Poverty in Asia and the Pacific Average Annual Lending $ 1986-1996 $586 million 1997-2002 $905 million 2003-2007 $1.094 billion 2008-2012 $1.9 billion
  • 17.  Core focus of ADB’s strategy in India-poverty reduction through infrastructure-led growth.  ADB provided assistance mainly for national programs through central public utilities in the transport and energy sectors.  ADB has expanded operations beyond the power, transport, and urban sectors into areas focusing on financial inclusion and generation of sustainable livelihoods, integrated water resources management with a focus on climate change adaptation, agribusiness infrastructure development; and tourism. Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 18. IMPACT OF ASSISTANCE 1. Support for the Rural Roads Program since 2003 is helping to improve connectivity in rural areas of five states-Assam, Chhattisgarh, Madhya Pradesh, Orissa, and West Bengal 2. The Gujarat Power Sector Development Project (December 2000–March 2007) helped the government of Gujarat by establishing an appropriate legal and regulatory framework for the electricity sector 3. The Gujarat Earthquake Rehabilitation and Reconstruction Project(May 2001–November 2007) has helped in reconstructing and restoring damaged infrastructure in the earthquake-affected areas of Gujarat Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 19. 4. The Tsunami Emergency Assistance (Sector) Project has helped to rebuild houses, roads, bridges, ports facilities, and other public infrastructure incorporating better safety standards 5. The Housing Finance II project, consisting of loans(March 2002–June 2007), provided loans to low-income households for home purchases or improvements through financial intermediaries Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 20. Achievements of the Asian Development Bank:  Afghan Diaspora project.  Funding Utah state university led projects to bring labor skills in Thailand.  Earthquake and tsunami emergency support project in Indonesia.  Greater Mekong sub regional program.  ROC ping hu offshore oil and gas development.  Strategic private sector partnerships for urban poverty reduction in the Philippines.  Trans-Afghanistan gas pipeline feasibility assessment. Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 21.  Loan of $1.2 billion to bail it out of an impending economic crisis in Pakistan and ongoing funding for the countries growing energy needs, specifically Hydro-power projects.  Micro finance support for private enterprises, in conjunction with governments, including Pakistan and India.  The Yichang-Wanzhou Railway project in the mountainous area of western Hubei Province and north- eastern Chongqing Municipality, China.  Colombo Harbor Expansion Project. Asian Development Bank Fighting Poverty in Asia and the Pacific
  • 22. Asian Development Bank Fighting Poverty in Asia and the Pacific Thank You