KALAHI-CIDSS National Community-Driven Development Project (ADB-46420-002)

Countries
  • Philippines
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 16, 2013
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of the Philippines, Department of Social Welfare and Development
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 856.10 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 851.10 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 5.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 16, 2017

Disclosed by Bank Mar 24, 2017


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Project Description
According to ADB website, ADB is helping the Philippines restore basic social services and rebuild communities devastated by Typhoon Yolanda, known internationally as Haiyan. The emergency assistance loan will support the government's KALAHI-CIDSS National Community-Driven Development Project. It will help build the capacity of communities to identify, prioritize, budget, and implement needed projects. The project will support the implementation of the government's KALAHI CIDSS- National Community-Driven Development Project (KC-NCDDP) to restore basic social services and rebuild communities affected by Typhoon Yolanda (international name: Haiyan). The impact will be improved resiliency of poor communities to natural hazards. The outcome will be improved access to services and infrastructure for communities in affected provinces and their participation in more inclusive local disaster risk reduction and management planning, budgeting, and implementation.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Schelzig, Karin Mara Southeast Asia Department No contact information provided at the time of disclosure. Executing Agency: Department of Social Welfare and Development Email Address: NPMO@ECD.GOV.PH Batasan Pambansa Complex Constitution Hills, Quezon City, Philippines ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main