International Anticorruption Day

The Asian Development Bank (ADB) set its Anticorruption Policy in 1998, and has since implemented project designs that mitigate corruption risks, careful due diligence of consultants and contractors, regular site visits and reviews, and proactive integrity reviews conducted by OAI, ensuring that project implementation is not derailed by corruption and that funds reach the intended beneficiaries.

ADB’s commitment against corruption is aligned with the goals of Strategy 2030. Strategy 2030 acknowledges that corruption and lack of transparency have significant and disruptive effects on inclusive growth and economic development in ADB’s developing member countries (DMCs). The Bank upholds its zero tolerance for corruption, aligned with its broader commitment to combat corruption and improve governance as a core strategic objective of ADB Strategy 2030, and the Paris Declaration on Aid Effectiveness of 2005—to which ADB is a signatory—in support of effective, transparent, and accountable aid.

Through the ADB/OECD Anticorruption Initiative for Asia and the Pacific, ADB supports a regional network of policymakers and anticorruption authorities, and the United Nations Convention Against Corruption (UNCAC). In commemoration of UNCAC’s passage in 2003, 9 December has been designated as International Anticorruption Day. In support of UNCAC, ADB observes and celebrates International Anticorruption Day with a bank-wide celebration on 9 December of each year.