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In 2011, the Asian Development Bank (ADB) approved $21.72 billion in financing operations, representing a 14.5% increase on 2010 financing, according to the latest Annual Report of the Board of Directors to the Board of Governors. The 2011 Annual Report highlights how ADB has helped developing member countries in Asia and the Pacific make progress toward inclusive growth. It includes a comprehensive discussion on ADB’s operational, administrative, and financial activities in 2011, complete financial statements and opinions of the independent auditors, and a separate report on the activities of the Special Funds of ADB. It also contains chapters on regional, sectoral and thematic highlights.
This annual report of the Compliance Review Panel (CRP) summarizes requests for compliance review in 2011 which was a productive year for the CRP. The fifth and final annual monitoring of remedial actions for the Southern Transport Development Project in Sri Lanka---the first compliance review request to complete the full compliance review phase under the 2003 Accountability Mechanism of the Asian Development Bank (ADB)---was concluded. The involvement of the CRP in this monitoring phase of the compliance review has (i) made ADB staff more aware of the safeguards policy and the need for better coordination with the government in its implementation; (ii) made ADB pay more attention to land-use planning and urban development; (iii) sparked improvements in the grievance redress mechanism within the project; and (iv) produced ideas for new, ongoing, and future road development projects in Sri Lanka.
The report describes the activities of the Office of Anticorruption and Integrity of the Asian Development Bank in 2011, particularly its awareness-raising activities, its work on case investigations, project procurement-related reviews, and due diligence. It includes a summary of significant cases completed in 2011.
The private sector contributes to economic development by generating jobs and incomes, as well as through investments, new technologies, knowledge transfer, and enhanced productivity. This is particularly true in Asia and the Pacific, where much of the recent success in reducing poverty has been due to robust economic growth stimulated by the private sector. The development challenges and investment needs of the region remain large and diverse. The Asian Development Bank (ADB) helps address these challenges and investment needs by assisting the private sector through the Private Sector Operations Department. This third annual report on the development effectiveness of ADB's private sector operations reviews how the Private Sector Operations Department has contributed to promoting ADB's development effectiveness agenda. The report features the direct and indirect impact of private sector assistance. It considers the value added of this assistance, highlighting performance trends and identifying actions required to improve results.
The third Sustainability Report of the Asian Development Bank (ADB) offers easily accessible information on ADB’s policies, programs, and practices as they relate to the social and environmental sustainability of development in Asia and the Pacific, and on changes in this work that have occurred since ADB published its second Sustainability Report, in 2009. The report also documents ADB’s continuing efforts to minimize its corporate environmental impact, especially at its Manila headquarters. For comparability, ADB’s current Sustainability Report is structured similarly to its first two. All three reports respond to the latest guidelines of the Global Reporting Initiative while adapting to the particular characteristics of ADB’s work and the many different audiences interested in the information presented.
Civil society organizations, including nongovernment organizations (NGOs), are important stakeholders of the Asian Development Bank (ADB). This report is a compilation of ADB's engagement with civil society organizations, including NGOs, at the policy and strategy, country and regional programing, and project operations. ADB's NGO and Civil Society Center, ADB focal points throughout the Bank, and the institution as one entity, seek to strengthen cooperation with civil society in the understanding that engagement of all stakeholders can further increase and boost development effectiveness.
This book is a history of the Asian Development Bank (ADB), a multilateral development bank established 50 years ago to serve Asia and the Pacific. Focusing on the region’s economic development, the evolution of the international development agenda, and the story of ADB itself, this book raises several key questions: What are the outstanding features of regional development to which ADB had to respond? How has the bank grown and evolved in changing circumstances? How did ADB’s successive leaders promote reforms while preserving continuity with the efforts of their predecessors? ADB has played an important role in the transformation of Asia and the Pacific the past 50 years. As ADB continues to evolve and adapt to the region’s changing development landscape, the experiences highlighted in this book can provide valuable insight on how best to serve Asia and the Pacific in the future.
The Development Effectiveness Review is the annual corporate performance report of the Asian Development Bank (ADB). It assesses progress in implementing Strategy 2020, ADB's long-term strategic framework, using the performance indicators, baselines, and targets in the ADB results framework. It analyzes performance trends, identifies strengths and weaknesses, and defines corrective actions.