ADB Contingent Disaster Loan (Policy-Based Lending)
Published by Disaster Risk Financing on
ADB Contingent Disaster Loan (Policy-Based Lending)
The ADB Contingent Disaster Loan which is part of their policy-based lending, is a loan provided by the ABD which is linked to a disaster.
A key feature of Contingent Disaster Financing is that it supports essential policy reforms to strengthen disaster preparedness that are to be completed before a natural disaster occurs. Once a CDF is approved for a country, it remains active until a disaster occurs. The country can then quickly access the approved financing to help relieve fiscal constraints for urgent relief and recovery efforts and avoid disruptive reallocations from priority budget programs.
Provided by
Coverage
Various
Instrument type
Loan
Eligibility
All ADB member countries
Intended for disaster response
Yes
Available to
Bangladesh, Brunei Darussalam, Fiji, India, Kiribati, Nauru, Papua New Guinea, Malaysia, Maldives, Pakistan, Samoa, Solomon Islands, Singapore, Sri Lanka, Tonga, Tuvalu, and Vanuatu