ADB boosts efforts to promote good governance, fight corruption in Asia and Pacific

ADB boosts efforts to promote good governance, fight corruption in Asia and Pacific

The Asian Development Bank (ADB) is intensifying ongoing efforts to promote good governance among its developing member countries (DMCs), according to the Office of Anticorruption and Integrity (OAI) 2018 Annual Report.

“ADB regards the strengthening of governance and institutional capacity of its DMCs as integral to achieving a more inclusive and sustainable future for Asia and the Pacific,” said OAI Head Mr. John Versantvoort. “ADB remains committed to promoting the highest ethical standards in our operations, in our developing member countries, and among our staff to deliver better development results for the region.”

ADB ranked first in the International Aid Transparency Index last year, recognizing the bank’s commitment to transparency in its operations as an essential tool to maintain integrity and promote accountability. Good governance is one of ADB’s seven operational priorities under Strategy 2030, the bank’s development blueprint in pursuing a more prosperous, inclusive, resilient, and sustainable Asia and the Pacific.

ADB continued to support efforts of Bhutan, Mongolia, Papua New Guinea, and the Philippines to institute regulatory measures to combat money-laundering and the financing of terrorism.

Knowledge sharing on anticorruption and integrity efforts remained an overarching priority in 2018. Over 100 learning events were conducted, which drew around 4,500 participants from within ADB, member governments, and other stakeholders.

In 2018, ADB launched a pilot program to strengthen integrity due diligence for ADB-administered consulting services, with the aim of ensuring that regulations and controls are in place to identify and address potential integrity and reputational risks in consultant recruitment.

ADB’s Respectful Workplace Unit (RWU) provided advice on 125 workplace matters and investigated 52 complaints of alleged misconduct. ADB established RWU in 2017 on a pilot basis to promote an inclusive and respectful work environment and raise awareness and prevent harassment in the workplace.

Read and download the Office of Anticorruption and Integrity (OAI) 2018 Annual Report.

Original source: ADB
Published on 01 April 2019