The work of the Asian Development Bank (ADB) is aimed at improving the welfare of the people in Asia and the Pacific, particularly the 1.9 billion who live on less than $2 a day. Despite many success stories, Asia and the Pacific remains home to two thirds of the world’s poor.
ADB is a multilateral development financial institution owned by 66 members, 47 from the region and 19 from other parts of the globe.
ADB’s main instruments for providing help to its developing member countries are :
- policy dialogue
- loans
- technical assistance
- grants
- guarantees
- equity investments.