Climate-Friendly Agribusiness Value Chains Sector Project (ADB-48409-002)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Cambodia
Where the impacts of the investment may be experienced.
Specific Location
Kampong Cham Province, Kampot Province, Takeo, Tboung Khmum
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
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
Jun 29, 2018
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 Cambodia
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, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 90.00 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)
$ 130.00 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 Dec 18, 2018

Disclosed by Bank Sep 29, 2016


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Project Description

According to the project document, "The Climate-friendly Agribusiness Value Chains Sector Project (the project) will invest in pro-poor and inclusive agricultural value chains in Cambodia. The project will enhance rural household incomes and agricultural competitiveness by:

  • providing improved critical production and post-harvest infrastructure,
  • reducing energy costs by promoting bio-energy use and sustainable biomass management, and
  • offering targeted agribusiness policy and capacity support services.

Cambodia has experience in sector modality in terms of identifying and carrying out subprojects during project implementation period and meets criteria for sector lending, as it has:

  • agricultural sector development plan,
  • reasonable institutional capacity to implement the plan, and
  • suitable policies applicable to the sector. Furthermore, capacity building will be integral to the investment".
Investment Description
  • Asian Development Bank (ADB)

Green Climate Fund US$ 30.00 million (Grant)
Green Climate Fund US$ 10.00 million (Loan)

Asian Development Fund US$ 90.00 million (Loan)

Contact Information

Ministry of Agriculture, Forestry & Fisheries
# 40 Norodom Blvd.
Phnom Penh, Cambodia

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