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Papua New Guinea and ADB

ADB’s strategy for Papua New Guinea seeks to improve infrastructure and the private sector environment, governance, financial management, service delivery, promote inclusivity, and build resilience.

Papua New Guinea: Cofinancing

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade and Supply Chain Finance Program.

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Cofinancing Partnerships

ADB works jointly with international development agencies, multilateral and bilateral institutions, the private sector, and other emerging development partners to fund activities that improve people's lives in the region.

Commercial Cofinancing

ADB assists developing member country governments and private sector borrowers in securing debt financing on commercial terms for ADB projects through engagement with commercial financial institutions.

Funds and Resources

Most of ADB's lending comes from its ordinary capital resources, offered at near-market terms to lower- to middle-income countries.