How do donors and ADB assess the performance of ADF?
During negotiations for ADF, donors collectively set out detailed activities and/or milestones for implementation. A donors’ report, which outlines in detail the major initiatives to be undertaken over the course of the replenishment period, is produced and disseminated at the end of the negotiation process. Built also into the ADF replenishment process is a midterm review meeting. The meeting is generally convened halfway into the four-year ADF period and provides the opportunity for donors to take stock of progress made and challenges ahead facing the ADB and ADF. In addition, the ADB’s Board of Directors receives regular reports and updates from ADB management on the operational progress of planned and actual use of ADF resources, as well as evaluations of ADF-financed projects and programs. Lessons learned are then integrated into future operational planning for ADF borrowers.
