Finland's Participation in the Twelfth Replenishment of the Asian Development Fund (ADF 12)
Development cooperation , 16.06.2016

Finland's Participation in the Twelfth Replenishment of the Asian Development Fund (ADF 12)

Description

Asian Development Fund (ADF), which is part of Asian Development Bank (ADB), provides grant assistant to the poorest countries and countries with weak debt sustainability in the region. The operations of the Fund are guided by ADB's long-term strategy, whose central pillars are inclusive economic growth, environmentally sustainable growth and regional integration. Largest beneficiaries of the Fund in recent years have included Afghanistan, Bangladesh, Myanmar, Nepal, Pakistan and Viet Nam. The granted funding is Finland's contribution to the Asian Development Fund for the period 2017-2020. During the period, the grant assistance provided by the ADF will, among others, improve the quality of teaching for 199 000 students, connect 117 000 households to electricity and improve water supply of 159 000 households.

More information

http://www.adb.org/site/adf/main

Funding decision  16.06.2016

10 000 000 €

Target region

Asia

Objectives monitored by OECD's Development Assistance Committee

  • Aid to environment
  • Climate change - mitigation
  • Climate change - adaptation
  • Gender equality
  • Participatory development/Good governance

Field of activity

  • Multisector aid 100%

Type of aid

Core contributions to multilateral institutions

Special target group

  • women
  • girls
  • children
  • youth

Funding channel

Aasian kehityspankki

Contact

keo-50

Code for the object of funding

79812717

ID

UHA2012-003925

Modified

23.06.2016