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ADB Delivers Strong Results in Responding to COVID-19
News Release | 21 April 2021
MANILA, PHLIPPINES (21 April 2021) The Asian Development Bank (ADB) swiftly met its clients’ coronavirus disease (COVID-19) pandemic response needs in 2020 while remaining aligned with long-term strategic priorities, according to its Development Effectiveness Review (DEfR) released today.
“In the face of increasing poverty and inequality, and new challenges and opportunities for achieving the Sustainable Development Goals through green, inclusive, resilient, and sustainable COVID-19 recovery, we recognize that ADB’s efforts are more vital than ever,” said ADB Strategy, Policy, and Partnerships Department Director General Tomoyuki Kimura.
The 2020 DEfR is the 14th edition of Management’s flagship report on ADB’s performance in achieving the priorities of its corporate strategy, using indicators in its corporate results framework as the yardstick. Focusing on operations financed by ADB
Summary
The 2019 Development Effectiveness Review (DER) is a comprehensive report on the performance of the Caribbean Development Bank’s (CDB’s) operations in relation to the results monitoring framework (RMF) of its 2015-2019 Strategic Plan. The four-level RMF is the central performance tool that allows CDB to translate its mandate and strategic plan into concrete actions and targets as well as tangible development outputs and outcomes.
The Report assesses the development trends, progress, and challenges across the Caribbean and, in particular, Borrowing Member Countries and looks at how CDB operations have contributed to their national, regional, and global development goals and commitments, including the Sustainable Development Goals. It also focuses on how efficiently and effectively CDB manages its operations.
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