Establishing the Future Cities Program in the Asia and Pacific Region (ADB-49053-001)

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
Active
Bank Risk Rating
A
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
Dec 10, 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.
Sectors
  • Technical Cooperation
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)
$ 1.50 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)
$ 1.50 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 Aug 11, 2017

Disclosed by Bank May 11, 2015


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Project Description
This project finances technical assistance for urban development of future cities in Asia and the Pacific, including planning and research. The impact will be improved planning for integrated urban development for future cities in Asia and the Pacific, which aligns with ADB's Urban Operational Plan, Strategy 2020, and Midterm Review of Strategy 2020. The outcome will be that selected cities are engaged in an integrated approach towards becoming more livable. The TA will identify and conduct prefeasibility on new projects for each selected city based on an integrated growth management approach. Municipalities will be engaged in understanding, identifying, and sharing best practice pathways towards future livable cities, and will be supported by COEs, additional cross-sector TA support, and partnerships with other cities. Identified projects will be integrated with ADB’s pipeline and city growth management approaches and be matched with appropriate project funding modalities for further planning and implementation. Action learning and practice will inform the development of knowledge products that can be shared between future cities and used for engagement with additional cities.
Investment Description
  • Asian Development Bank (ADB)
This project is financed by ADB's Technical Assistance Special Fund.
Contact Information
*No contacts available* 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