Strengthening Results-Based Lending for Programs: Policy Paper
Institutional Document | August 2025
This paper proposes updating the 2019 results-based lending (RBL) policy based on a systematic analysis of the utilization and performance of the RBL modality, including the program teams’ and developing member countries’ (DMCs) experiences.
The proposed updated policy reflects strategic policy-related changes that address identified gaps and challenges to enhance the effectiveness, efficiency, and attractiveness of using the modality. This paper also lays out the envisaged actions to be undertaken by management to complement the updated policy. It highlights the changes in the updated policy compared with the 2019 RBL policy, and summarizes the policy changes and management actions.
Contents
- Introduction
- Background
- Review of Instrument Utilization and Performance
- Key Updates of the RBL Policy
- Next Steps
- Recommendation
- Appendixes
Additional Details
Subjects
- ADB administration and governance
- Learning materials Guidelines, toolkits, and other "how-to" development resources
- Books Substantial publications assigned ISBNs
- Papers and Briefs ADB-researched working papers
- Conference Proceedings Papers or presentations at ADB and development events
- Policies, Strategies, and Plans Rules and strategies for ADB operations
- Board Documents Documents produced by, or submitted to, the ADB Board of Directors
- Financing Documents Describes funds and financing arrangements
- Reports Highlights of ADB's sector or thematic work
- Serials Magazines and journals exploring development issues
- Brochures and Flyers Brief topical policy issues, Country Fact sheets and statistics
- Statutory Reports and Official Records ADB records and annual reports
- Country Planning Documents Describes country operations or strategies in ADB members
- Contracts and Agreements Memoranda between ADB and other organizations
