$99.6 million
Funding proposals are processed in batches every year. Duration of approval process varies according to transaction processing timelines by the trust fund team and by the project team. Contact ADB for more information.
Fund Focal: Yuebin Zhang - yuebinzhang[at]adb.org
Fund Team: Melanie Pre - mpre[at]adb.org
The fund was established to enhance regional cooperation and integration in Asia and the Pacific by (i) improving cross- border physical connectivity; (ii) increasing trade and investment flows in developing member countries from regional and nonregional economies; (iii) preserving macroeconomic and financial stability in the region; and (iv) improving regional environmental, health, and social conditions.
Asian Development Bank, Japan
Project implementation, supervision, and monitoring will be conducted by user departments following ADB’s standard policies, procedures, and guidelines.
ADB Director-General for the Sustainable Development and Climate Change Department (SDCC) approves all RCIF fund applications.
Activities to be supported by the fund are projects that:
- require collective efforts and actions of two or more countries to jointly respond to cross-border issues;
- are national in nature but with significant regional dimensions/implications;
- facilitate regional policy dialogues, including the establishment of regional policies for greater RCI;
- support research and promote knowledge generation and dissemination among developing member countries in the area of regional cooperation and integration;
- strengthen institutional capacity of regional/subregional groupings;
- support regional partnership building with regional and international institutions; and
- have linkages to Regional Cooperation Strategies and/or Country Partnership Strategies.
All ADB Developing Member Countries
Contact ADB for more information.