menuclose

People's Republic of China Poverty Reduction and Regional Cooperation Fund

  • Year established 2005
  • Partners People’s Republic of China
  • Cumulative Contributions Committed $88 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

    $2.3 million for 3 projects

    Technical Assistance (TA)

    $67.5 million for 120 TA projects

The People’s Republic of China Poverty Reduction and Regional Cooperation Fund, or PRCF, aims to contribute to poverty reduction, regional cooperation, knowledge sharing, and economic and social development in developing member countries in an accelerated manner and with tangible results.

Stories

Standard Post with Image

Community-Driven Solutions: Success Stories in COVID-19 Response

A project assisted by the People’s Republic of China Poverty Reduction and Regional Cooperation Fund, in partnership with civil society organizations in the Lao People’s Democratic Republic, the Philippines, and Thailand, underscores the importance of community capacity in health care, economic resilience, and partnerships.

Standard Post with Image

Addressing COVID-19 Challenges for Migrant Workers in Thailand

ADB and Raks Thai Foundation, with support from the Poverty Reduction and Regional Cooperation Fund, implemented a project to address the plight of migrant workers affected by the COVID-19 pandemic in three Thai provinces, emphasizing community-led prevention, the establishment of social protection systems, and economic support for jobless migrant workers.

Standard Post with Image

Nepal Earthquake Rehabilitation Rebuilds Better Infrastructure

Following the 2015 deadly earthquake, ADB worked with Nepal in setting up the Earthquake Emergency Assistance Project, which helped rebuild around 154 school buildings and facilitated the reconstruction and rehabilitation of 301 kilometers of district roads, 57 severely damaged buildings, and 61 slightly damaged buildings.

Standard Post with Image

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.

Projects