How can non-government organizations (NGOs) and the private sector be involved in ADB projects in the Philippines?
As a rule, ADB works through the Government of the Philippines in supporting NGOs. ADB recognizes the growing importance of NGOs’ role in development and promotes ADB-NGO cooperation in strengthening civil society’s participation in the development process. In February 2001, ADB established the NGO and Civil Society Center at its headquarters in Manila, Philippines. The center seeks to find new ways of working with NGOs and aims to integrate better the experience and knowledge of working with NGOs in ADB operations. NGOs in the Philippines, for instance, are now involved in implementing projects under the Japan Fund for Poverty Reduction, which provides resources to innovative pilot projects designed to reduce poverty. ADB provides direct assistance to private enterprises through equity investments and loans without government guarantees. It also provides loan guarantee and commercial cofinancing facilities. Learn more about ADB’s work in private sector development.
Related Questions
- Should IFC be involved in Tata Mundra, as there are several other private and public sector supercritical plants planned for development in the next five years?
- How can non-government organizations (NGOs) and the private sector be involved in ADB projects in the Philippines?
- How and why is the Private Sector involved?
