Development Effectiveness Report 2017

Private Sector Operations

Business & Finance, Business Reference, Government & Business, Economics, Sustainable Development
Cover of the book Development Effectiveness Report 2017 by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789292611491
Publisher: Asian Development Bank Publication: May 1, 2018
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292611491
Publisher: Asian Development Bank
Publication: May 1, 2018
Imprint: Asian Development Bank
Language: English

In 2017, the Asian Development Bank (ADB) changed its reporting of new projects from approvals to the commitment of funds which are more closely aligned with the resources made available for development purposes. Commitments of ADB's Private Sector Operations Department reached a record level in 2017. This funding will help unlock private sector investments and expertise which are necessary for achieving the Sustainable Development Goals of eradicating poverty and expanding opportunities for all in a sustainable way. It also supports the Paris Agreement on Climate Change by financing climate change mitigation and adaptation activities.

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In 2017, the Asian Development Bank (ADB) changed its reporting of new projects from approvals to the commitment of funds which are more closely aligned with the resources made available for development purposes. Commitments of ADB's Private Sector Operations Department reached a record level in 2017. This funding will help unlock private sector investments and expertise which are necessary for achieving the Sustainable Development Goals of eradicating poverty and expanding opportunities for all in a sustainable way. It also supports the Paris Agreement on Climate Change by financing climate change mitigation and adaptation activities.

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