“Build back better”
In our December blog poll, we asked readers what they believed should be the top development priority for Asia and the Pacific in 2016. Before I share the results with you, a few thoughts about 2015, which was a milestone year in many ways for ADB. We implemented much-needed reforms to better leverage our resources to increase lending to developing Asia; provided immediate assistance to help Nepal “build back better” after the devastating April 25 earthquake; and agreed to double our climate financing, which will reach an annual $6 billion by 2020. In 2015, ADB approved a record $27.15 billion in loans, grants, technical assistance, and cofinancing. At the 3rd International Conference on Financing for Development held last July in Addis Ababa, Ethiopia, representatives from the six multilateral development banks and the International Monetary Fund agreed that leveraging private sector resources to invest in development projects is the only way... — blogs.adb.org/blogs