2. HISTORY ORIGIN – 1960s Conceived amid the post war rehabilitation and reconstruction of the early 1960s with a vision of a financial institution 1963- A resolution passed at the first Ministerial Conference on Asian Economic Cooperation held by the United Nations Economic Commission for Asia and the Far East opened on 19 December 1966; first President-Takeshi Watanabe; host nation- Manila The next 3 years- ADB's first technical assistance, loans and bond issue (in Germany) BY-RAGINI KHANNA
3. 1970s assistance expanded into education, health, infrastructure & industry When the world suffered its first oil price shock, ADB shifted its assistance to support energy projects Co financing operations started, to provide additional resources 1974 - Asian Development Fund BY-RAGINI KHANNA
4. 1980s made its first direct equity investment. continued its support to energy projects due to second oil crisis Increased support to social infrastructure including microfinance, environmental, education, urban planning, and health issues 1982- opened its first field office - a Resident Mission in Bangladesh also started collaboration with NGOs BY-RAGINI KHANNA
5. 1990s Promoting regional cooperation through an economic cooperation program in the Greater Mekong Subregion In 1995, ADB became the first multilateral organization to have a Board approved governance policy to ensure that development assistance fully benefits the poor addition of several Central Asian countries following the end of the Cold War in mid-1997, a severe financial crisis hit the region, setting back Asia's spectacular economic gains; projects and programs to strengthen financial sectors and create social safety nets for the poor were launched BY-RAGINI KHANNA
6. Into the 21st Century 2003- began providing support at national and regional levels to help countries more effectively respond to HIV/AIDS and the growing threat of SARS & avian influenza had to respond to other unprecedented natural disasters, committing more than $850 million for recovery Looking forward to Strategy 2020 that will determine the organization's future direction and vision for the next dozen years BY-RAGINI KHANNA
7. VISION An Asia and Pacific free of poverty mission is to help its developing member countries reduce poverty and improve the quality of life of their people. Under Strategy 2020, ADB will follow three complementary strategic agendas: inclusive growth, environmentally sustainable growth, and regional integration. BY-RAGINI KHANNA
9. How does a country become a member of ADB? Membership is open to Members and associate members of the United Nations Economic and Social Commission for Asia and the Pacific. Other regional countries and non-regional developed countries which are members of the United Nations or of any of its specialized agencies. BY-RAGINI KHANNA
10. Main The social and economic development of the Asian and Pacific countries. To boost cooperative and simultaneous regional growth among member countries. BY-RAGINI KHANNA
11. FUNCTIONS To promote investment in the region of public and private capital for development purposes. To utilize the resources at its disposal for financing development of the developing member countries in the region. Assistance to DMCs (Developing Member Countries) to coordinate policies designed for development. BY-RAGINI KHANNA
12. To provide technical assistance for the preparation, financing and execution of development projects and programmes. To co-operate with the international organizations and institutions, as well as national entities whether public or private to encourage the investment of development funds in the region. To undertake such other activities and provide such other services as may advance its purpose. Equity investments and loans to member nations. BY-RAGINI KHANNA
13. Operations Works in partnership with governments and public and private enterprises in its developing member nations on projects and programs that will contribute to economic and social development, based on the country's needs and priorities. BY-RAGINI KHANNA
14. Projects and Programs Supports projects in agriculture and natural resources, energy, finance, industry and nonfuel minerals, social infrastructure, and transport and communications. Countries with limited debt repayment capacity in the region receive additional help through the (ADF). BY-RAGINI KHANNA
15. ADB’s Project Cycle ADB consults people from all sections of society to ensure that its projects, programs, and strategies address their needs. Formulation of Strategy planning document. Regional Cooperation Strategies and Programs. BY-RAGINI KHANNA
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17. Tadashi Kondo is the ADB Country Director for IndiaBY-RAGINI KHANNA
18. Role of ADB in India –A)Relationship with ADB India is a founding member of the Asian Development Bank (ADB) and its fourth largest shareholder ADB has approved 130 loans (sovereign and nonsovereign) amounting to $20,586.5 million since 1986 core focus of ADB’s strategy in India-poverty reduction through infrastructure-led growth The proposed Country Partnership Strategy (CPS) for 2009–2012 has 4 strategic pillars: BY-RAGINI KHANNA
19. …contd support for the process of inclusive and environmentally sustainable growth; catalyzing investment through the use of innovative business and financing modalities; strengthening the results orientation of project design and implementation and emphasizing knowledge solutions; and support for regional cooperation BY-RAGINI KHANNA
20. B) Impact of assistance support for the Rural Roads Program since 2003 is helping to improve connectivity in rural areas of five states—Assam, Chhattisgarh, Madhya Pradesh, Orissa, and West Bengal The Gujarat Power Sector Development Project (December 2000–March 2007) helped the government of Gujarat by establishing an appropriate legal and regulatory framework for the electricity sector The Gujarat Earthquake Rehabilitation and Reconstruction Project(May 2001–November 2007) has helped in reconstructing and restoring damaged infrastructure in the earthquake-affected areas of Gujarat BY-RAGINI KHANNA
21. …contd the Tsunami Emergency Assistance (Sector) Project has helped to rebuild houses, roads, bridges, ports facilities, and other public infrastructure incorporating better safety standards The Housing Finance II project, consisting of loans(March 2002–June 2007), provided loans to low-income households for home purchases or improvements through financial intermediaries BY-RAGINI KHANNA
22. C) Operational challenges India’s development needs are far larger than what all external agencies combined can provide. a timely resolution of a general capital increase is vital if ADB is to continue supporting India’s development priorities effectively beyond 2009 D) Partnership In India, ADB collaborates closely with multilateral and bilateral development partners, such as the World Bank, United Kingdom’s Department for International Development (DFID), Japan Bank for International Cooperation (JBIC), and the European Union. ADB cooperates extensively with civil society organizations to strengthen the effectiveness, quality, and sustainability of the services it provides. BY-RAGINI KHANNA
23. E)Co financing & procurement Cofinancing enables ADB’s financing partners—government or their agencies, multilateral financing institutions, and commercial organizations—to participate in financing of ADB projects. Examples In 2008, the OPEC Fund for International Development provided $30 mnloan co financing for the Orissa Integrated Irrigated Agriculture and Water Management Investment Program Commercial co financing through a B-loan amounting to $140 mnwas approved for the National Highway I Panipat–JalandharToll Road Project BY-RAGINI KHANNA
24. Projectsundertaken in India Integrating Poverty Reduction in Programs and Projects in India. Capacity Building for the Clean Development Mechnism in India. Capacity Building for the Contract supervision and Management in NHAI. Capacity Development for Strengthening Implementation of social and Environmental Safeguard requirements in Projects in India. Securities Companies in India. SBI Gilts Ltd , etc…. BY-RAGINI KHANNA
25. Achievements of the Asian Development Bank Funding projects led by the Utah State University to bring labor skills to Thailand. Technical assistance grant of US$2 million to Bangladesh to overcome the challenges linked to climate change. Loan of $1.2 billion to bail Pakistan out of an impending economic crisis. Contributions towards the development of solar energy in India. Earthquake and Tsunami Emergency Support Project in Indonesia. BY-RAGINI KHANNA
26. Asian Development Bank: Challenges Poverty is still one of the main challenges faced by ADB. Safe water is still not available to 60% of the people in the member countries. Improved sanitation facilities not reached 70% of the people. Out of every 100 children, 40 die before they reach the age of 15. Infant mortality rate is very high. Half of the undernourished population of the world lives in Asia. Rising inflation has adversely impacted growth rates in Asia BY-RAGINI KHANNA