Editing Adb.org

= Adb.org =

The Asian Development Bank (ADB) is a regional development bank established in 1966 to promote social and economic development in Asia and the Pacific. Here is a comprehensive overview of ADB based on the information provided:

== Mission and Goals ==

ADB's mission is to achieve a prosperous, inclusive, resilient, and sustainable Asia and Pacific region while sustaining efforts to eradicate extreme poverty1<ref name="ref4">4</ref>. Key goals include:

- Promoting economic growth and cooperation in the region
- Reducing poverty and inequality 
- Supporting sustainable development
- Addressing climate change
- Fostering regional integration

== Structure and Governance ==

- Headquartered in Manila, Philippines with 31 field offices around the world[1]
- Owned by 69 member countries - 49 from Asia-Pacific and 20 from outside the region[4]
- Governed by a Board of Governors with representatives from each member country[4]
- Day-to-day operations overseen by a 12-member Board of Directors[10]
- Led by a President who chairs the Board of Directors[4]

== Key Operations and Activities ==

1. Providing financing through:
   - Loans
   - Grants  
   - Technical assistance
   - Equity investments1<ref name="ref4">4</ref>

2. Supporting projects in areas like:
   - Infrastructure development
   - Social development 
   - Environmental sustainability
   - Regional cooperation
   - Private sector development2<ref name="ref3">3</ref>

3. Producing knowledge products:
   - Economic research and analysis
   - Policy advice
   - Data and statistics[2]

4. Facilitating partnerships:
   - With governments
   - Private sector
   - Civil society organizations
   - Other development institutions[5]

5. Mobilizing financial resources through co-financing[1]

== Focus Areas ==

ADB focuses on several key development topics, including:

- Climate change
- Education
- Energy
- Gender equality  
- Health
- Transport
- Urban development
- Water
- Digital technology[3]

== Strategy 2030 ==

ADB's long-term strategy (Strategy 2030) outlines seven operational priorities:

1. Addressing remaining poverty and inequality
2. Accelerating progress in gender equality  
3. Tackling climate change and disaster resilience
4. Making cities more livable  
5. Promoting rural development and food security
6. Strengthening governance and institutional capacity
7. Fostering regional cooperation and integration[6]

== Financial Resources ==

- Ordinary capital resources (OCR) used for lending operations
- Special funds like the Asian Development Fund for concessional lending
- Trust funds from donor partners
- Co-financing from other institutions[5]

== Key Initiatives ==

- Expanding climate financing to $100 billion from 2019-2030
- Promoting private sector development and operations
- Enhancing knowledge services and policy advice
- Strengthening resident missions and field offices4<ref name="ref10">10</ref>

In summary, ADB plays a crucial role in supporting sustainable development, economic growth, and poverty reduction across Asia and the Pacific through its financing, knowledge, and partnership activities. The bank continues to evolve its strategies and operations to address the region's changing development needs and challenges.

== References ==
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