Japan Fund for Prosperous and Resilient Asia and the Pacific
Year Established
2000
Partners
Cumulative Contributions Committed
$1,053.2 million
Project Commitments
Grants
$630.6 million for 217 projects
Technical Assistance
$449.1 million for 332 TA projects
The Japan Fund for Prosperous and Resilient Asia and the Pacific, formerly Japan Fund for Poverty Reduction (JFPR), was established in May 2000 to provide grants for projects supporting poverty reduction and related social development activities that can add value to projects financed by ADB. In 2010, the fund expanded its scope by providing technical assistance in addition to project grants. Apart from poverty reduction, the enhanced JFPR focuses on universal health coverage, climate change and disaster risk management, quality infrastructure investment, and public finance management, as among the new priority areas.
The JFPR helps ADB developing member countries’ resiliency from ongoing crises and enhance preparedness for the next. It is positioned as the next-level work to help lift remaining poor populations from the poverty threshold and bring everyone on a sustainable path to prosperity and resilience, building on the achievement and the momentum of the past 2 decades and further increasing JFPR’s development impact.
In 2023, at the 56th ADB Annual Meeting, ADB launched the JFPR flagship publication, 2 Decades of Poverty Reduction and Partnership: The Story of the Japan Fund for Poverty Reduction, 2000–2021, which chronicles the fund’s response to the region’s evolving needs.
News
6 Dec 2023
ADB Approves $659 Million in Financing to Support Pakistan’s Sustainable Development
A concessional loan of $80 million for the Khyber Pakhtunkhwa Food Security Support Project, supported by a $3 million JFPR grant, will help address climate vulnerabilities, enhance food security, and boost the livelihoods of rural farm households in flood-damaged districts in the province.
4 Dec 2023
ADB Supports Climate-Resilient Power System Enhancement in Uttarakhand, India
ADB approved a $200 million loan to improve the quality, efficiency, and reliability of power supply in Uttarakhand, India. JFPR will provide a $2 million grant to support livelihood enhancement, training, and awareness-raising activities of the project.