Climate Resilience and Green Growth in Critical Watersheds (ADB-46441-001)

Countries
  • Philippines
Where the impacts of the investment may be experienced.
Specific Location
Marikina City, Camarines Sure and Davao Oriental
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
U
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
Oct 25, 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
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.75 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 13, 2017

Disclosed by Bank Mar 30, 2017


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Project Description
According to ADB website, the TA seeks to demonstrate climate resilient green growth options in critical watersheds in the lower Marikina river basin, Camarines Sur and Davao Oriental and strengthen the capacity of local government units (LGUs) to mainstream climate change concerns into development planning. Priority is given to watersheds because of their role as _water support system' for both upstream and downstream communities such as domestic water consumers, irrigation water users, and hydropower companies. The TA will create a green growth road map for three critical watersheds by considering five dimensions: 1. Economic development 2. Resilience to climate change 3. Biodiversity, ecosystems and social development 4. GHG emissions 5. Poverty alleviation
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Ancha, Srinivasan Southeast Asia Department No contact information provided at the time of disclosure. 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