Promoting Smart Systems in ADB's Future Cities Program (ADB-49049-001)

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
U
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 5, 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
Regional
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Law and Government
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.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 6, 2017

Disclosed by Bank Mar 18, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
According to ADB website, the proposed regional research and development technical assistance (TA) will contribute to promoting smart infrastructure and systems in selected cities under the Future Cities Program (FCP) of the Asian Development Bank (ADB), with particular emphasis on pro-poor support, facilitating positive steps toward sustainable and livable cities, and knowledge solutions consistent with ADB's Urban Operational Plan, 2012 2020. The TA is aligned with Strategy 2020, which promotes environmentally sustainable development (particularly livable cities), and with ADB's Midterm Review of Strategy 2020, which emphasizes ADB's actions and need to be innovative, inclusive, integrated, and operationally relevant. The TA will identify smart solutions to improve the living standards of city residents, focusing on the urban poor and women, and could lead to the preparation of relevant investment projects where ADB could provide further financing assistance.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: van Etten, Joris G. P. SDSC 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