The Asian Development Bank (ADB) is using several financing instruments for the public sector, said Sunnia Durrani-Jamal, Country Director for Azerbaijan of the Asian Development Bank (ADB), during a panel discussion on the third day of the Baku Climate Action Week (BCAW2025), APA-Economics reports.
She noted that one of these is policy-based lending: “For example, when governments need analysis or policy changes, we support them through this tool. We have used this method in Bangladesh, India, and many other countries. Another tool is sector-based lending. Here, both the policy component and the investment component are combined. In addition, we also have results-based financing. For example, when a government approaches us in the field of irrigation, we allocate funding only according to certain result indicators. These indicators can cover issues such as reducing water consumption. This makes it very important to collect accurate data. Of course, there are also traditional loans.
She emphasized that ADB also considers co-financing important: “For example, we put up a dollar and try to attract funds from global trust funds on top of that. We have a program called “Glaciers to Farm” on water resources and glacier melting. "It is planned to show concrete results in countries like Azerbaijan, in cooperation with the Global Climate Fund and other international organizations, and then attract additional donor funds. In this process, cooperation with state agencies, the Ministry of Agriculture, and other relevant institutions is important. Information exchange is one of the key factors here."
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