Navigating Crises and Addressing Asia and the Pacific’s Long-Term Challenges
Channel: Asian Development Bank
Date: 2023-05-03

In 2022, Asia and the Pacific faced severe challenges including economic shocks, extreme weather events and related disasters, food insecurity, and gender inequality.

Guided by its long-term Strategy 2030, ADB committed $20.5 billion, including $3.9 billion in non-sovereign financing, with an $11.4 billion additional mobilized in cofinancing to help developing member economies navigate these crises and address longer-term challenges and secure a more prosperous, inclusive, resilient, and sustainable future. 

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