Teach for the Philippines (ADB-47261-001)

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
Canceled
Bank Risk Rating
B
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
Aug 7, 2014
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, Teach for the Philippines
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
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)
$ 0.50 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 30, 2017

Disclosed by Bank Sep 28, 2016


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Project Description
According to ADB website, the project improves basic education by implementing a new strategy to lift access to quality education through a new and innovative approach to teacher recruitment and training recruitment from a different, more talented pool of candidates, coupled with pre- and in-service training of teachers enabled by improved teaching methods and innovative use of technology in developing and training teachers. ADB assistance will support the project by financing the: 1. Development and implementation of a Summer Institute where the TFP Teaching Fellows are trained in maximizing the use of innovative technologies in the classroom 2. Development of online teaching materials and modules, as well as an IT based in-service training and support mechanism or intranet for Teacher Fellows 3. Comprehensive monitoring and evaluating system established
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Schelzig, Karin Mara Southeast Asia Department, ADB 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