Climate-Friendly Agribusiness Value Chains Sector Project (ADB-48409-001)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Cambodia
  • Laos
  • Myanmar
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
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
May 12, 2015
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
National governments
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
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)
$ 2.50 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)
$ 2.50 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 Sep 16, 2019

Disclosed by Bank Mar 30, 2017


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Project Description

According to the project documentation, “The Climate-friendly Agribusiness Value Chains Sector Project (the project) will invest in pro-poor and inclusive agricultural value chains in three countries of the Greater Mekong Sub-Region (GMS) Kingdom of Cambodia (Cambodia), the Lao People's Democratic Republic (Lao PDR) and the Republic of the Union of Myanmar (Myanmar).

The project will enhance rural household incomes and agricultural competitiveness by (i) providing improved critical production and post-harvest infrastructure, (ii) reducing energy costs by promoting bio-energy use and sustainable biomass management, and (iii) offering targeted agribusiness support services for selected value chains. There are 4 project outcomes as:

Output 1: Improved and climate resilient critical agribusiness value chain infrastructure will include rehabilitating and modernizing critical infrastructure (e.g. farm roads, water storage, and small-scale irrigation systems, drying, storage, milling and packaging facilities).

Output 2: Expanded bio-energy use and sustainable biomass management will include installation of agricultural waste to energy infrastructures (hard and soft) such as bio-digesters, bio-fertilizer facilities, and improved cookstoves for effective biomass management. These activities will increase value chain price competitiveness by lowering production costs.

Output 3: Strengthened agribusiness policy and capacity support services will include enabling agribusiness policy/regulatory development focusing on selected value chains, provision of information on climate-friendly agriculture and resource-efficient practices, harmonization of standards, and capacity building for productivity and quality improvement and reduction of post-harvest losses, marketing, potential public-private partnerships, and financing options.

Output 4: Effective project implementation and knowledge management will include consultant's support and institutional strengthening for subproject feasibility preparation, procurement, financial management, and safeguards, as well as diffusion of knowledge and technologies for agribusiness value chains”.

Investment Description
  • Asian Development Bank (ADB)

Asian Clean Energy Fund under the Clean Energy Financing Partnership Facility                                        US$ 1.50 million

Canadian Climate Fund for the Private Sector in Asia under the Clean Energy Financing Partnership Facility US$ 1.00 million

Contact Information

Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

*There is no project information being released at this stage of the project*

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