The Asian Development Bank (ADB), founded in 1966 and headquartered in Manila, focuses on fostering economic growth and cooperation in the Asia-Pacific region through funding, technical assistance, and investment facilitation. Key areas of work include agriculture, transport, energy, and finance, while addressing challenges such as lack of safe water, high infant mortality rates, and undernutrition among its member countries. ADB consists of 64 member countries, with a structured governance system to promote legislative reform, good governance, and macroeconomic stability.