My government is interested in cofinancing with ADB, what’s the process?
- ADB’s Strategic Partnerships Division manages partnerships and establishes cofinancing relationships with partners. Its Partner Funds Division administers single-donor trust funds, project-specific cofinancing, and global funding initiatives.
- ADB invites potential cofinanciers to participate in project processing missions in order to incorporate their inputs at an early stage of the project cycle.
- The borrower requests cofinancing for an ADB-assisted project.
- ADB determines the scope, the possible sources, and the mode of cofinancing. Depending on the procurement policies and the project requirements, cofinancing can be arranged on either a parallel financing or a joint financing basis.
- ADB coordinates official assistance with its development partners, with a view to enhancing its development impact by avoiding duplication and ensuring consistent policies.
- ADB usually requires the cofinancier's commitment during or immediately after fact-finding for a TA operation and well before loan negotiations when considering the provision of a loan.
- Depending on the extent of ADB's role in administering the funds provided by official sources on a joint or parallel basis, ADB may enter into a separate agreement with the cofinancier specifying the responsibilities of ADB and the cofinancier.
- To find suitable projects for cofinancing, cofinanciers may refer to
- ADB Country Partnership Strategies (CPS), which provide the framework for ADB’s engagement with our developing member countries
- Proposed projects
- You may send inquiries on financing partnerships through the information request form.
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