BAKU, Azerbaijan, October 17. The Asian Development Bank (ADB) has approved a new corporate results framework (CRF) aimed at simplifying and prioritizing outcome-oriented metrics linked to the Sustainable Development Goals (SDGs), Trend reports via the ADB.
This framework will guide ADB's performance from 2025 to 2030, aligning with the recently updated Strategy 2030 Midterm Review, which addresses key challenges in the Asia and Pacific region.
The revised CRF emphasizes the well-being of people, environmental health, and the prosperity of ADB member economies. It features 35 results indicators, reduced from the previous 60, covering four key performance areas: development results, strategic alignment, operational management, and organizational effectiveness. Additionally, 37 tracking indicators will provide supplementary metrics to enhance performance analysis.
Key corporate targets set for 2030 include achieving climate finance that represents 50% of total committed financing volume, aiming for a cumulative total exceeding $100 billion from 2019 to 2030. A new target for annual private sector financing is also established, set at $13 billion.
The new CRF supports ADB’s goals to enhance organizational effectiveness, driving transformation while ensuring that development outcomes remain central to its operations. ADB will assess progress regularly through its annual Development Effectiveness Review, focusing on emerging challenges and strategy adjustments to maximize impact.
Follow the author on X: @Lyaman_Zeyn