Why is ADB involved in urban development work?
ADB’s approach to urban development is guided by the following key documents: • LongTerm Strategic Framework, Strategy 2020 indicates ADBs focus on urban infrastructure, such as water supply, sanitation, waste management, and urban transport, with operational emphasis on private sector participation and sound environmental management promoting livable cities. Long-Term Strategic Framework (2001-2015) outlines sustainable economic growth, inclusive social development, and governance for effective policies and institutions, of which applies to urban areas. –> • Enhanced Poverty Reduction Strategy (2004) says “ADB is committed to poverty reduction and will lend its weight and influence to achieve it”. • Urban Sector Strategy (1999) results from the need to strengthen ADB’s leadership role in urban development in the region by expanding the level and impact of development assistance provided to DMCs to improve the plight of urban areas. In 2005, ADB reviewed the strategy to determine how
