Poverty and Environment Fund (PEF) - Asian Development Bank

Any donor
International Finance Institutions
Geographical focus: 
East Asia and the Pacific
South Asia
Thematic focus: 
Tourism in general
Social inclusion and Poverty reduction in Tourism
Sustainability of natural resources in Tourism
Intro text: 
The PEF is a facility that promotes the mainstreaming of environment objectives in ADB operations and poverty reduction strategies, plans, programs, and projects of ADB members.

Official website


Geographic focus


Who can apply?

Priority is given to demonstrating potential opportunities for environmental improvement and poverty reduction that could become an integral component of ADB-financed projects and those of other agencies.

Objectives and activities

Objective: Through appropriate linkages with ADB operations, the outcome of PEF activities is being sustained by influencing future ADB policy dialogue, and project identification, design, and implementation.

Activities: The PEF is focused on the three main poverty-environment linkages prioritized in the Environment Policy: 

  • protection, conservation, and sustainable use of natural resources and ecosystem services to maintain the livelihoods of the poor
  • reduction of air and water pollution that directly impacts the health and productivity of poor people
  • reduction of vulnerability to natural hazards and disaster prevention.

Examples include: 

  • interventions in the fields of community-based resource management 
  • sustainable utilization of biological resources and biodiversity
  • microfinance 
  • improved market access
  • other livelihood development projects resulting in environmental improvement
  • demonstration of land-use practices that sustain soil fertility or enhance soil and water
  • conservation
  • interventions that bolster the role of women in natural resources management
  • demonstration of environmentally sound technology choices and outputs in agriculture,
  • forestry, fisheries, and industry 
  • tackling of indoor air pollution, waste management, and
  • recycling
  • cleaner production and emission management/monitoring among small- and medium-sized enterprises.

Type and level of funding

The PEF provides a dedicated source of grant financing for collaborative approaches between ADB, other funding agencies, donors and members to purposefully address poverty-environment linkages in Asia and the Pacific.

Norway and Sweden have made initial contributions to the fund.