ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Kiribati and ADB
ADB’s support to Kiribati focuses on maintaining fiscal sustainability; upgrading infrastructure related to water supply, transport, renewable energy, and health; and enhancing disaster resilience.
Related
Cofinancing Partnerships
ADB works jointly with international development agencies, multilateral and bilateral institutions, the private sector, and other emerging development partners to fund activities that improve people's lives in the region.
Commercial Cofinancing
ADB assists developing member country governments and private sector borrowers in securing debt financing on commercial terms for ADB projects through engagement with commercial financial institutions.
Funds and Resources
Most of ADB's lending comes from its ordinary capital resources, offered at near-market terms to lower- to middle-income countries.