The Asian Development Bank (ADB) is an international development finance institution that aims to reduce poverty and improve living standards in the Asia-Pacific region. The organization provides loans, grants, and technical assistance to its member countries, with a focus on infrastructure development, regional cooperation, and sustainable economic growth. ADB's website serves as a platform for sharing information on its projects and initiatives, publications on a range of development issues, events and conferences, job opportunities, and other resources. The website also features news updates and blogs written by ADB staff members, offering insights into the bank's work and the development challenges facing the region.

The financial crisis in 1997 prompted a focus on poverty reduction. Most recently, the natural disasters in the early 2000s catapulted the ADB into disaster recovery.borgenproject.orgIn its eventful 55-year history, the one constant of the Asian Development Bank is its willingness to assume a central role to address regional challenges.

Policies on the inspection function, involuntary resettlement and indigenous peoples designed to protect the rights of people affected by a project were also approved.yourarticlelibrary.comIn 1995, ADB became the first multilateral organization to have a Board-approved governance policy to ensure that development assistance fully benefits the poor.

The Japanese felt that its interest in Asia was not served by the World Bank and wanted to establish a bank in which Japan was institutionally advantaged. [2] [2] [2] [2] [2] [5] [8] [11] [18] [24]familypedia.fandom.comADB was originally conceived by some influential Japanese who formulated a "private plan" for a regional development bank in 1962, which was later endorsed by the government.