Project profile — Asian Development Bank – Fifth General Capital Increase

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Overview

Overview

Asian Development Bank – Fifth General Capital Increase - Overview
CA-3-M013306001
$185,213,774
Asian Development Bank (XM-DAC-46004)
2010-04-01 - 2015-03-31
Terminating
Country / region • Asia, regional (100.00%)
Sector • Basic Education
Primary education (11220) (10.00%)
• Basic Health
Basic health care (12220) (5.00%)
• Transport And Storage
Road transport (21020) (17.00%)
• Communication
Information and communication technology (ICT) (22040) (7.00%)
• Agriculture
Agricultural development (31120) (5.00%)
• Industry
Energy manufacturing (32167) (13.00%)
• Other Multisector
Rural development (43040) (14.00%)
• Other Multisector
Non-agricultural alternative development (43050) (14.00%)
• Unallocated/ Unspecified
Sectors not specified (99810) (15.00%)
Policy marker • Gender equality (significant objective)
• Climate change mitigation (significant objective)
• Climate Change Adaptation (significant objective)
• Urban issues (significant objective)
• Children's issues (significant objective)
• Youth Issues (significant objective)
• ICT as a tool for development (significant objective)
• Trade development (not targeted)
• Indigenous Issues (not targeted)
• Participatory development and good governance (not targeted)
• Biodiversity (not targeted)
• Environmental sustainability (cross-cutting) (not targeted)
• Desertification (not targeted)
• Disability (not targeted)
Description and results

Description

This contribution represents Canada’s institutional support to the Asian Development Bank (ADB). The ADB is a multilateral development financial institution based in Manila, Philippines, whose mandate is to reduce poverty and improve the lives of the poor by fostering economic growth and regional cooperation. As articulated in the Bank’s long-term strategic framework, Strategy 2020, the ADB pursues its vision by focusing on three complementary strategic agendas: 1) Inclusive economic growth; 2) Environmentally sustainable green growth; and, 3) Regional integration and cooperation. The ADB focuses on five core areas including infrastructure, environment, regional cooperation and integration, finance sector development, and education, by providing assistance to governments and private enterprises through loans, technical assistance, grants, guarantees, and equity investments. During the period of 2009-2012, Canada’s contribution to the institutional support of the ADB has supported projects in infrastructure, policy support and reform, production capacity, health and education, environmentally sustainable investments, good governance and capacity building for development management, and regional cooperation and integration.

Expected results

Results achieved as of July 2011 to June 2015 (period of time covered by this review): 1. modernization of schools, including the construction or modernization of classrooms and the training of more than 2.1 million teachers, which has benefited approximately 24 million students; 2. the connection of 5.2 million new households to the electrical grid; 3. the installation or modernization of 16,780 km of transmission lines and 131,000 km of distribution lines; 4. the construction or upgrading 51,000 km of highways, national and provincial roads, rural and district, as well as 2,600 km of rail lines; 5. contribution to a total reduction of greenhouse gas emissions equivalent to approximately 49 million tonnes of CO2 between 2011 and 2015; 6. the installation or modernization of 27,650 km of hose water and water supply to over 5 million new households and sanitation services to over 4.9 million new households; 7. the improvement of nearly 8 million hectares of land with irrigation services, drainage and flood management; and 8. the creation or maintenance of approximately 8 million micro-credit accounts and more than 350,000 loan accounts for small and medium-sized enterprises.

Results achieved

Results achieved as of June 2015 include: (1) the implementation of school modernisation programmes, including the construction or modernisation of classrooms and the training of over 2.1 million teachers, benefiting around 24 million pupils; (2) the connection of 5.2 million new households to the electricity grid; (3) the installation or upgrading of 16,780 km of power transmission lines and 131,000 km of distribution lines; (4) the construction or upgrading of 51,000 km of national highways and provincial, rural and district roads, as well as 2,600 km of railways; (5) contributing to a total reduction in greenhouse gas emissions equivalent to about 49 million tons of CO2 between 2011 and 2015; (6) installing or upgrading 27,650 km of water supply pipes and providing water supply to over 5 million new households and sanitation services to over 4.9 million new households; (7) the improvement of nearly 8 million hectares of land through irrigation services, drainage and flood management; and (8) the creation or maintenance of some 8 million microcredit accounts and over 350,000 loan accounts for small and medium-sized enterprises.

Financials

Financials


Original budget $0
Planned Disbursement $0
Transactions
Country Percentages by Sector
Related information

Related information

Asian Development Bank – Fifth General Capital Increase - Related information
Related links
Partner website — Asian Development Bank
Global Affairs Canada
MFM Global Issues & Dev.Branch
Encashment basis
Multilateral
Core contributions to multilateral institutions
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