Strategy for Sweden’s Cooperation with the Asian Development Bank (AsDB) 2016–2019 Reference No.: UF2016/01032/UD/MU
This strategy forms the basis of Sweden’s cooperation with the Asian Development Bank (AsDB) for the period 2016–2019. The strategy will also guide Sweden’s positions in negotiations on the twelfth replenishment of the Asian Development Fund (AsDF12) which will be concluded in 2016.
The outcome of the negotiations will be important for how the AsDB contributes to the implementation of the 2030 Agenda for Sustainable Development and its global goals that were adopted in September 2015. The strategy covers funds as authorised by the Riksdag.
The strategy is guided by the Policy for Global Development (Govt Bill 2002/03/122) and its overarching objective of contributing to equitable and sustainable global development, and the Government's strategy for multilateral development cooperation. The organisational assessment of the AsDB approved by the Government Offices (Ministry for Foreign Affairs) in September 2015 also forms part of the basis for the strategy.
The Asian Development Bank has two main areas of activity: providing loans to governments and private companies in the countries of operation, and providing grants and technical assistance to the poorest and most vulnerable countries in the region.