Austria, as a shareholder at ADB, is represented by the Federal Ministry of Finance, which aligns its cooperation with development banks, funds, and facilities based on its Strategic Guidelines for International Financial Institutions, adhering to the objectives of the Three-Year Program on Austrian Development Policy.

The latest development policy for 2022–2024 aimed to promote sustainable development, social and political stability, and align with the UN’s Agenda 2030 and its Sustainable Development Goals. This policy addressed global challenges such as the socioeconomic impacts of the COVID-19 pandemic, climate change, and migration and refugee issues. Strategic priorities included combating poverty through economic and social development, promoting peace and human security, and preserving the environment and natural resources. Key thematic areas included water, energy, food security, vocational training, health, sustainable economy, humanitarian aid, democratic governance, women’s equality, and climate resilience, among others. The policy aims to create sustainable life perspectives for people in vulnerable regions and ensure that no one is left behind. Austria’s cooperation with ADB focuses particularly on climate protection, urban development, and railways.

Austria is a founding member of ADB and has, since 1966, committed $329.9 million to ADB special funds. Of this commitment, $310.3 million is for the Asian Development Fund (ADF). The ADF provides grants to ADB’s low-income, developing member countries to help reduce poverty and improve quality of life.