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Development cooperation, 6/16/2016

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.

Funding decision 6/16/2016

10 000 000 €

Target region

Asia

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

Created date

9/5/2012

Modified

6/23/2016

Case state

Decision-making
Financing decision
Opinion of the appropriations committee

Case status

Pending

This document

Updated 8/30/2016

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