The ADB plans to boost its funding by 50% by 2034 as part of its new strategic plan.

The President of the ADB, Masatsugu Asakawa, emphasized that this ambitious plan takes into account the evolving needs of the region and enhances the bank's ability to have a significant impact on both improving people's quality of life and protecting the environment. According to him, by strengthening its financial capacity, the CUP will enable the ADB not only to strategically invest in overcoming regional challenges but also to improve its operational efficiency.

The adoption of the CUP marks the next step in the ADB's development, building on the capital management reforms implemented in 2023, which have already led to an increase in the bank's financial capabilities. The new strategy is also based on last year's review of corporate priorities, which established ambitious goals in five key areas. In recent years, the ADB has significantly expanded its concessional lending programs and increased its funding in the Asian Development Fund, which remains the main source of grant support for the most vulnerable countries in the region.

Within the framework of the CUP, the bank intends to significantly increase its lending commitments in the next two to three years. These measures will be accompanied by an expansion of staff and an increase in technical assistance volumes. It is expected that the ADB's non-sovereign operations will grow at an accelerated pace: if they currently account for 20% of all commitments, this share is projected to rise to 27% by 2034. At the same time, sovereign operations will continue to develop, and the project portfolio will become more balanced and diversified.

Forecasts for the next ten years indicate a steadily growing net income for the ADB, which the bank plans to strategically reinvest. Part of these funds will be allocated to preparing large-scale infrastructure projects and attracting additional financial resources from international capital markets. Among the new initiatives is the creation of a lending mechanism that will combine financial and non-financial incentives to increase investment volumes, as well as the development of flexible tools for expedited project preparation.

The ADB also intends to focus on private sector development, digital transformation, regional cooperation, and public goods. These measures will enable the bank to achieve its corporate goals by 2030, including increasing the share of climate finance to 50% of total commitments. Additionally, by 2030, the bank aims to raise the total volume of private sector financing to $13 billion, utilizing both its own resources and attracted investments.

The implementation of the CUP will be closely monitored: the ADB will track the progress of the plan annually to timely adapt it according to the changing needs of the region. Continuing its efforts to eradicate extreme poverty, the ADB aims to create a prosperous, inclusive, sustainable, and resilient economic environment in the Asia-Pacific region.

Founded in 1966, the Asian Development Bank brings together 69 countries, 49 of which are in the Asia-Pacific region.