MANILA — In 2017, the Asian Development Bank merged its lending windows so as to allow it to increase and expand its lending portfolio amid growing resource needs of its member countries and in the face of competition from emerging sources of infrastructure funding in the region. But where might the bank allocate those resources?
The data isn’t complete yet, but available information from the bank’s 2018-2020 country operations business plans for 37 developing member countries — which Devex examined over the past few weeks — provides early indications on priority sectors and how much money is expected to flow to countries. It also provides insights on some of ADB’s biggest projects for climate financing, which plays a central role in the bank’s upcoming strategy.
The data reveal that indicative ADB commitments — which can change in the course of discussing or negotiating projects — to the 37 member countries will reach more than $75 billion over the next three years. The bulk of the money is likely to come from the bank’s lending windows, with less than 5 percent forming grants and technical assistance.
A large part of that funding is projected to cover projects in the transportation sector, followed by projects related to energy, and governance and institutional development.