The Asian Development Bank was conceived in the early s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world. Its mission is to help developing member countries reduce poverty and improve the quality of life of their people. ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact. As a multilateral development finance institution, ADB provides loans, technical assistance and grants.
Asian Development Bank | Innovations for Poverty Action
This report outlines its main areas of operation and priorities for the future. The ADB has initiated and supported projects in the legal and justice sector since In earlier years, the focus was on putting in place legal frameworks for a market economy and building capacity among judges and government lawyers.
The Asian Development Bank was conceived in the early s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world. The Asian Development Fund ADF is one of the oldest and the largest fund of the Asian Development Bank whose activities promote poverty reduction and improvements in the quality of life in the poorer countries of the Asia and the Pacific. It is a multilateral source of concessional assistance dedicated exclusively to the needs of the region. ADF operations have provided infrastructure and services to boost economic growth; assist countries with fragile and conflict-affected situations; and expand the access of the poor, women , and children to quality education and health care, reliable supply of electricity and clean water , and economic opportunities.