携手共创2026：亚洲发展基金（英）2026

Asian Development Fund TOGETHERWE DELIVER$ 8 Asian Development Fund Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) © 2026 Asian Development Bank6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, PhilippinesTel +63 2 8632 4444; Fax +63 2 8636 2444www.adb.org Some rights reserved. Published in 2026. ISBN 978-92-9277-773-9 (print); 978-92-9277-774-6 (PDF); 978-92-9277-775-3 (e-book)Publication Stock No. ARM260153-2DOI: http://dx.doi.org/10.22617/ARM260153-2 The views expressed in this publication are those of the authors and do not necessarily reflectthe views and policies of the Asian Development Bank (ADB) or its Board of Governors orthe governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts noresponsibility for any consequence of their use. The mention of specific companies or productsof manufacturers does not imply that they are endorsed or recommended by ADB in preferenceto others of a similar nature that are not mentioned. By making any designation of or reference to a particular territory or geographic area in thisdocument, ADB does not intend to make any judgments as to the legal or other status of anyterritory or area. This publication is available under the Creative Commons Attribution 3.0 IGO license(CC BY 3.0 IGO) https://creativecommons.org/licenses/by/3.0/igo/. By using the content ofthis publication, you agree to be bound by the terms of this license. For attribution, translations,adaptations, and permissions, please read the provisions and terms of use at https://www.adb.org/terms-use#openaccess. This CC license does not apply to non-ADB copyright materials in this publication. If the materialis attributed to another source, please contact the copyright owner or publisher of that sourcefor permission to reproduce it. ADB cannot be held liable for any claims that arise as a result ofyour use of the material. Please contact pubsmarketing@adb.org if you have questions or comments with respect tocontent, or if you wish to obtain copyright permission for your intended use that does not fallwithin these terms, or for permission to use the ADB logo. Corrigenda to ADB publications may be found at http://www.adb.org/publications/corrigenda. Notes:In this publication, “$” refers to United States dollars.ADB recognizes “Korea” as the Republic of Korea. Cover design by Mike Cortes. ForewordvConnecting Communities AcrossTuvalu’s Atolls1Growing Opportunities for Women Farmers inNepal9Transforming Digital Connectivity inKiribati17Unlocking Private Investment for Regional Clean Energy25in theLao People's Democratic RepublicInvesting in Women’s Resilience inPalau33Supporting Basic Human Needs for the People ofAfghanistan39Health Care Within Reach inBhutan45Supporting the People ofMyanmar51Investing inBangladesh's Missing Railway Link57Promoting Integrated Tourism in theLao People's Democratic Republic 65From Irrigation Modernization to Climate-Resilient Water Management75inUzbekistanShelter, Safety, and Services for Displaced People and Host Communities81inBangladesh FOREWORD Across Asia and the Pacific, development challengesare becomingmore complex, more interconnected,and more urgent. Countries are navigating crises,economic pressures, climate-related risks, andpersistent inequalities, often with limited fiscal spaceto address them. Concessional financing is moreimportant than ever. The Asian Development Fund (ADF) remainsone of the most effective instruments of theAsian Development Bank (ADB) for deliveringtargeted support for recipient countries’most urgent needs. With a $5 billion replenishment under ADF 14,including $4 billion in grant resources, the largestvolume to date, the ADF continues to provide thescale and flexibilityneeded to respond to diversedevelopment challenges. Drawing on ADB’s strongcountry presence, deep client relationships built overmany years, and a regional perspective, the ADF helpsmobilize broader resources, leveraging approximately$8 in financing for every $1 contributedby donors. I am happy to present to youTogether We Deliver2026: Asian Development Fund, featuring stories fromacross the region that illustrate how ADF supporttranslates into real development outcomes. These arenot abstract results. They arevisible in the lives ofpeople and in communities, and are made possiblethrough close collaboration among governments,donors, financing partners, and implementingorganizations. The stories highlight how the ADF supportslong-term systems and essential services,plays a vital role infragile and crisis-affectedcontexts, drives regional cooperation andintegration, and unlocks private sectorinvestment in frontier markets. Taken together, these stories, which are drawnfrom projects funded across different ADF cycles,illustrate the breadth and depth of ADF impact.Through grants and concessional finance, the ADFenables development outcomes that wouldotherwise be difficult to achieve, helping