Australia’s contributions to the Asian Development Fund
The Asian Development Bank (ADB)’s Asian Development Fund (ADF) is the oldest and largest of their special funds. It is a multilateral source of grants to ADB’s poorest developing member countries. The fund supports activities that promote poverty reduction and improvements in the quality of life in these countries.
The ADB holds regular pledging rounds to replenish the ADF, typically every three years.
The 2021-2024 replenishment attracted US$4.06 billion, increased from US$3.78 billion in the 2017-2020 round. Australia pledged AU$423 million for the period 2021-2024, making it the second largest donor to the ADF, behind Japan. Australia’s ‘burden share’ (share of the total ADF pledges) was 10.28 per cent, while Japan’s was 35 per cent.
The chart below shows Australia’s contributions and pledges since 2001.
