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Strategy 2020: The Long-Term Strategic Framework of the Asian Development Bank 2008-2020
Source: adb.org
Source Date: Tuesday, April 06, 2010
Focus: Public Institutions
Created: Apr 06, 2010

Strategy 2020: The Long-Term Strategic Framework of the Asian Development Bank 2008-2020, approved by ADB's Board of Directors on 7 April 2008, is the paramount ADB-wide strategic framework to guide all its operations to 2020. Strategy 2020 reaffirms both ADB's vision of an Asia and Pacific free of poverty and its mission to help developing member countries improve the living conditions and quality of life of their people. Strategy 2020 identifies drivers of change that will be stressed in all its operations—developing the private sector, encouraging good governance, supporting gender equity, helping developing countries gain knowledge, and expanding partnerships with other development institutions the private sector, and with community-based organizations.

By 2012, 80% of ADB lending will be in five core operational areas, identified as comparative strengths of ADB:
• Infrastructure, including transport and communications, energy, water supply and sanitation and urban development
• Environment
• Regional cooperation and integration
• Finance sector development
• Education

ADB will continue to operate in health, agriculture, and disaster and emergency assistance, but on a more selective basis. ADB has developed a corporate results framework to assess its progress in implementing Strategy 2020. Annually, it will monitor implementation through the ADB Development Effectiveness Review.
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