Water Resilience Trust Fund under the Water Financing Partnership Facility

The Water Resilience Trust Fund was established in January 2023 under the Asian Development Bank’s (ADB) Water Financing Partnership Facility (WFPF). Established as a separate multidonor trust fund, it aims to support critical and transformational actions by government agencies, communities, and the private sector needed to strengthen water resilience in Asia and the Pacific. The Fund’s objectives are aligned with the vision of ADB's Strategy 2030 and Strategy 2030 Water Sector Directional Guide: A Water-Secure and Resilient Asia and the Pacific to deliver support in four areas of operational focus for the water sector: (i) water as a sustainable resource, (ii) universal and safe water services, (iii) productive use of water in agriculture and energy, and (iv) reduced climate change and water-related disaster risks. The fund prioritizes activities that focus on achieving local water and sanitation resilience, aligned with countries’ needs, national development priorities in the water sector, and sector plans for addressing climate change. Activities should: (i) support capacity development in ADB’s developing member countries (DMCs), (ii) help build knowledge base on water resilience, (iii) help create an enabling environment through improved policies and planning processes, and (iv) facilitate pipeline development for sovereign and nonsovereign water resilience projects.