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ADB $40 Million Grant For Flood Reconstruction in Northern Afghanistan

MANILA, PHILIPPINES – The Asian Development Bank (ADB) is providing a $40 million emergency assistance grant to assist with the reconstruction of irrigation and rural road infrastructure at 15 provinces in northern Afghanistan that suffered heavy damage from severe flooding earlier this year.

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Afghanistan + 3 others
Donors Pledge Additional $286 Million to ADB Infrastructure Fund for Afghanistan

KABUL, AFGHANISTAN – The governments of Japan, United Kingdom (UK), and the United States (US) will continue their support for improving and maintaining Afghanistan’s key roads, power plants, and other infrastructure by providing an additional $286 million to the Afghanistan Infrastructure Trust Fund (AITF).

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ADB President Reaffirms Long-term Support for Afghanistan

KABUL, AFGHANISTAN – Asian Development Bank (ADB) President Takehiko Nakao has completed a visit to Afghanistan during which he reassured the country of the Bank’s continued support during and beyond the current period of transition.

The country, emerging from decades of conflict, faces many challenges, including the withdrawal of most U.S. and NATO forces. By 2015 Afghan forces will be largely responsible for security.

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World + 14 others
Infographic: Recent Significant Disasters in the Asia and Pacific Region

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Asian Development Bank

Whether it's the Philippines, which recently experienced the strongest storm recorded, or Japan, which was devastated by the tsunami and earthquake in 2011 - the tragedies affecting these countries serve as a call to risk-prone countries throughout Asia and the Pacific to build and vigilantly maintain resilience to catastrophes.

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Afghanistan + 1 other
ADB, Japan Help Boost Incomes of Poor Afghan Farmers

MANILA, PHILIPPINES – The Asian Development Bank (ADB) and Government of Japan are providing fresh support to help some of Afghanistan’s poorest farmers cut crop losses and raise incomes.

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World + 13 others
Piloting a Disaster Response Facility

EXECUTIVE SUMMARY

During the 10th replenishment of the Asian Development Fund (ADF XI), the Asian Development Bank (ADB) and ADF donors agreed to pilot the Disaster Response Facility (DRF) in the ADF XI period, 2013–2016. ADB will report on the implementation progress of the DRF at the ADF XI midterm review, and discuss the future of the DRF with the ADB Board of Directors and ADF donors at the ADF XII negotiations.

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Afghanistan + 1 other
ADB, Japan Support Poor Afghan Communities with Better Irrigation

MANILA, PHILIPPINES – A new irrigation project in northern Afghanistan will improve livelihoods and boost crop yields in poor, rural communities, with a $10 million grant from the Asian Development Bank (ADB) and Japan Fund for Poverty Reduction (JFPR) to rehabilitate at least 120 small scale irrigation systems.

The project will take place in the provinces of Baghlan, Balkh, Ghor and Samangan and involve close cooperation with communities to tap their labor and local knowledge.

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ADB: $1.2 Billion in Long-Term Support for Afghanistan

TOKYO, JAPAN – At today’s Tokyo Conference on Afghanistan, the Asian Development Bank (ADB) reiterated its commitment to the country’s long-term development, including a $1.2 billion indicative assistance program through 2016.

“The Asian Development Bank has successfully worked with the Government of Afghanistan for more than a decade on a range of projects that have directly benefited millions of the country’s people,” ADB President Haruhiko Kuroda said at the conference. “We are firmly committed to staying engaged in Afghanistan’s development efforts.”

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World + 7 others
Partnering for Development: Donor Report 2011

Description

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Asian Development Bank and Afghanistan: Fact Sheet

Partnerships

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World + 18 others
ADB Annual Report 2011

ADB Assistance to Developing Asia Tops $21.7 Billion in 2011

MANILA, PHILIPPINES – The Asian Development Bank (ADB) approved $21.72 billion in financing operations last year, a 14.5% increase on ADB’s previous year’s financing, according to its 2011 Annual Report, released ahead of the organization’s 45th Annual Meeting of the Board of Governors, to be held from 2 to 5 May in Manila, Philippines.

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Afghanistan Reconstruction Trust Fund Annual Report: March 21, 2011 to March 19, 2012

I. SUMMARY OF ARTF ACTIVITIES IN SY1390

In this first section of the ARTF Annual Report we review key ARTF activities from SY1390, including donor contributions, commitments and disbursements. We also take a look at the status of the ARTF portfolio under the framework of the Financing Strategy and look towards SY1391.

  1. Donor Contributions

By the end of SY1390 the ARTF has generated a total of US$5.3 billion since its inception in SY1381 in aggregate contributions.

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World + 19 others
Addressing Climate Change and Migration in the Pacific

BANGKOK, THAILAND – Climate change will cause an upward surge in migration this century, and governments in disaster-prone Asia-Pacific nations must promptly enact a broad range of measures to stave off future humanitarian crises, according to a new Asian Development Bank (ADB) report released today.

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World + 8 others
Food Price Escalation in South Asia—A Serious and Growing Concern

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Rural Finance Expansion Technical Assistance

14 December 2011 - The Asian Development Bank (ADB) has approved the following technical assistance:

Description: The project will help Afghan commercial banks and microfinance institutions expand their presence and increase access to finance in rural areas. It will also include support for the development of Islamic finance products. A lack of access to finance is undermining livelihood opportunities in rural areas where 75% of the population lives, of which more than 45% live below the national poverty line.

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Bangladesh + 8 others
Facing the Challenge of Environmental Migration in Asia and the Pacific

An ADB project that is developing policy and financing responses to environmental migration has determined that climate change will increase forced migration due to environmental disruptions in Asia and the Pacific. However, the adoption of timely policies and programs can convert such migration from a threat into an opportunity to promote improved livelihoods and sustainable development. The project emphasizes the importance of boosting the capacity and resilience of vulnerable communities.

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ADB Adds $754 Million to Infrastructure Projects in Afghan Road and Rail Sector

MANILA, PHILIPPINES – The Asian Development Bank (ADB) has approved $754 million in assistance to rebuild Afghanistan’s shattered road and rail network, bringing to more than $1.7 billion the amount it has contributed to reconstruction of the country’s infrastructure over the past decade.

The multitranche financing facility (MFF) approved by ADB’s Board of Directors on Tuesday will upgrade hundreds of kilometers of priority roads and fund construction of new facilities to complement the recently completed train line connecting the northern hub of Mazar-e-Sharif and Uzbekistan.

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Afghanistan + 12 others
Partnering for Development: 2010 Donor Report

(Extract)

Conflict and Disaster

As noted in the discussion of the Sri Lanka irrigation project above, cofinancing provides an important tool for rebuilding basic infrastructure in countries recovering from prolonged military conflict.

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ADB Provides $340 Million to Complete Afghan Ring Road

MANILA, PHILIPPINES - The Asian Development Bank (ADB) and Afghanistan's Minister of Finance later this week will sign two agreements totaling more than $340 million that will lead to the completion of Afghanistan's vital Ring Road and to improvements in the power sector.

The agreements will be signed in Kabul by Minister of Finance Omar Zakhilwal and Robert Rinker, ADB's Afghanistan Country Director.

A $340 million ADB grant will fund construction of 233 km of road connecting the towns of Qaisar, Bala Murghab, and Laman

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ADB ESTABLISHES POOLED INFRASTRUCTURE FUND FOR AFGHANISTAN

MANILA, PHILIPPINES (1 December 2010) - The Asian Development Bank (ADB) will set up a new fund which will pool public and private resources to help Afghanistan finance much-needed infrastructure.

ADB's Board of Directors has approved the creation of the Afghanistan Infrastructure Trust Fund, with ADB as its manager. It will provide an opportunity to bilateral, multilateral, and individual contributors to partner with ADB in financing infrastructure investments such as roads, railways, airports, energy facilities, irrigation systems, and improve the livelihood of the Afghan people.

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