Strengthening Climate and Disaster Resilience of Investments in the Pacific (ADB-48488-001)

Regions
  • East Asia and Pacific
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
Approved
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
Sep 18, 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
Regional
The holder of the loan, grant, or other investment.
Sectors
  • Transport
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)
$ 2.00 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 24, 2017

Disclosed by Bank Sep 30, 2016


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Project Description
According to ADB website, the TA will strengthen the resilience of investments in the Pacific by: (1) incorporating climate change and disaster risk management (DRM) considerations into project designs, (2) strengthening integration of climate change and DRM considerations in government planning processes in key sectors in selected countries, and (3) supporting access to climate change financing. The impact will be strengthened integrated risk management to enhance the climate and disaster resilience of Pacific DMCs. The outcome will be increased climate and disaster resilience of investments in Pacific DMCs. This will be measured by Pacific DMCs adopting procedures for incorporating climate and disaster risk management into sector investments, and increased flow of climate change financing to selected countries.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Roop, James A. Pacific 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