New ADB Trust Fund to Help Developing Countries Join Aid Effectiveness Forum

The Asian Development Bank has put up a new multidonor trust fund in a bid to help developing countries participate in an upcoming international aid effectiveness forum in Busan, South Korea.

The fund will be administered by ADB and provide assistance to representatives of developing countries who will attend the forum in November.

The Fourth High Level Forum on Aid Effectiveness will take contributions from multilateral, bilateral and individual sources, including foundations and corporations.

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  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.