What is the ADB’s vision for the region?

The vision of the Asian Development Bank (ADB) for the region is framed as “a prosperous, inclusive, resilient, and sustainable Asia and the Pacific.” This vision encompasses several key elements that address the complex challenges facing countries in the Asia-Pacific region.

Firstly, “prosperous” reflects ADB's commitment to enhancing the economic growth and development of its member countries, ensuring that financial benefits are widely shared among the population. This ties in with the goal of promoting inclusive growth where various segments of society, particularly marginalized groups, are actively engaged in and benefit from economic advancements.

The term “inclusive” emphasizes the importance of fostering equality and social cohesion, ensuring that all individuals, regardless of their socioeconomic background, have access to resources and opportunities. This is critical in a region where disparities can be significant.

The notion of “resilient” refers to the ability of economies and communities to withstand and recover from adverse events, including natural disasters and economic shocks. ADB aims to enhance the strength and preparedness of its member countries to face such challenges effectively.

Finally, “sustainable” reflects the importance of environmentally responsible growth that meets present needs without compromising the ability of future generations to meet their own. This aligns with global goals related to sustainable development, climate