Boosting Resilience Through Financing and Insurance
By scoping out disaster risks and promoting disaster reduction and resilience, Mongolia is ensuring its growth plans are not shaken.
- Year established 2017
- Partners Japan
- Cumulative Contributions Committed $99 million
- Project Commitments
This figure accounts for savings from closed projects. Project commitments may exceed contributions as investment income and gains from foreign exchange transactions are used for new projects.
Grants
$21.2 million for 14 projects
Technical Assistance (TA)
$49.1 million for 69 TA projects
Direct Charges (DC)
$2.3 million for 33 activities
The High-Level Technology (HLT) Fund provides grant financing to promote the integration of HLT and innovative solutions into ADB-financed and -administered sovereign and nonsovereign projects throughout the project cycle. The fund encourages more widespread adoption of HLT to address development challenges in ADB’s developing member countries.
Fund resources are used for a broad range of innovative technologies and solutions that enable technological development and/or scaling up the technology deployment in the recipient country. The fund also supports the Technology Innovation Challenge program, which seeks proposals for proof-of-concept or pilot studies of HLT Fund applications from technology providers in developing countries’ contexts.
In August 2024, the ADB Institute, in collaboration with ADB, Location Mind Inc., Innovation Hub, and the HLT Fund, organized a workshop on the Poverty Impact and Vulnerability Evaluation (PIVE) tool. This tool helps policymakers and urban planning stakeholders quickly access updated information to address dynamic societal changes, particularly for vulnerable populations. The 2-day workshop covered the utility of big data, global positioning system and satellite data analysis, and hands-on training with the PIVE system. It aimed to enhance disaster preparedness and resilience in Asia and the Pacific, fostering collaboration and informed decision-making among government officials and experts.
Stories
Driving Development Through Sustainable Transport
Greener, safer, and more efficient transport systems are key to growth in Asia and the Pacific.
A Single Window System for Efficient Cross-Border Trade
ADB and the High-Level Technology Fund are supporting Maldives in implementing its national single window, an information and communication technology–supported platform to improve the country’s cross-border regulatory procedures. The single window system will equip Maldives with trade facilitation tools to help improve the country’s trade climate and expand transactions with its trading partners.
Dealing with Pandemics Today, Preparing for Tomorrow
With grant support from the People’s Republic of China, Ireland, Japan, the Republic of Korea, and the Regional Malaria and Other Communicable Disease Threats Trust Fund, ADB is scaling up efforts to help the health and economic systems of its developing member countries respond to COVID-19 outbreaks and future pandemics.
Mapping Better Growth for Armenia
With ADB-managed grants from High-Level Technology Fund and the Republic of Korea e-Asia and Knowledge Partnership Fund, Armenia is establishing the foundation for efficient data management designed to encourage investments, enhance transparency and e-government capacity, and ultimately spur economic growth.
Digitizing National Health Financing
Digitizing national health financing, insurance information, and management systems will deliver more accessible and affordable health care, potentially benefiting millions, particularly poor and vulnerable people.
Stopping Plastic Waste Leakage Into Oceans
Asia and the Pacific is drowning in marine plastic pollution, endangering lives. Countries are targeting transboundary marine plastic with action plans, new technology, and innovative strategies to change community behavior.
Big Social Protection Reforms to Drive Resilience
Shocks like the pandemic and disasters highlight why better social protection and resilience are needed to protect hard-won development gains and quicken recovery.
Projects
