Development Aid: Asian Development Bank

(asked on 7th September 2022) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what performance targets his Department places on its spending through the Asian Development Bank.


Answered by
Jesse Norman Portrait
Jesse Norman
Shadow Leader of the House of Commons
This question was answered on 5th October 2022

As part of the process of agreeing the Asian Development Bank's 12th Replenishment of the Asia Development Fund (ADF13), the Bank agreed a number of policy commitments and results targets with the UK and other shareholders. We monitor progress on delivering these commitments closely through the Board of Directors and meetings of ADF donors. For example, between 2019 and 2021, the Bank has supported with the Bank has supported with concessional finance, 4.7 million people to benefit from improved health services, created 70,000 skilled jobs for women, supported 165,00 women and girls to completing secondary or tertiary education or other training, and reduced CO2 emissions by 127,000 tonnes annually. We are also closely tracking the Bank's commitment to use at least 35% of ADF13 resources to finance climate change mitigation and adaptation.

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