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27 Aug 2012 description

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.