Community-Focused Investments to Address Deforestation and Forest Degradation (ADB-47084-002)

Countries
  • Indonesia
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
Active
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
Sep 30, 2016
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 Indonesia
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 17.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 17.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 10, 2017

Disclosed by Bank Oct 3, 2016


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Project Description
With assistance from the Forest Investment Program (FIP) under Climate Investment Funds (CIF), the project will provide a $17 million grant to the Government of Indonesia to address institutional, technical, and capacity-related barriers for REDD+ implementation in West Kalimantan, one of the top five provinces contributing to GHG emissions with a mean deforestation rate of 132,500 ha per year. The project forms a part of Indonesia''s forest investment plan and will complement projects by the World Bank and International Finance Corporation (IFC). The project will promote inclusive growth and environmental sustainability by investing in community-focused REDD+ activities (e.g., community-based land use planning, community-led forest monitoring and forest fire management, community-assisted forest regeneration and maintenance, community-based eco-tourism) in selected districts and/or forest management units (FMUs) to address deforestation drivers such as illegal logging, forest conversion to agriculture, and uncontrolled fires. The project will strengthen capacity of district and provincial governments in West Kalimantan, provide policy support to harmonize sub-national policies for carbon stock enhancement with national policies, and establish non-monetary incentives, safeguard systems and equitable and gender-responsive benefit sharing arrangements. The project will build on lessons from other REDD+ initiatives by the government and development partners such as Norway, Australia, Germany, Japan, and USA, and establish a sound base for performance-based REDD+ payments. By promoting sustainable forest management, the project will not only reduce GHG emissions and enhance carbon stocks but also provide livelihood co-benefits such as poverty reduction, improved quality of life for forest communities, protection of indigenous peoples' tenure rights, and enhanced conservation of biodiversity and ecosystem services.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Ministry of Environment and Forestry Gedung Manggala Wanabakti Blok I Lt. 3 Jln. Gatot Subroto-Senayan, Jakarta 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