Strengthening Developing Member Countries' Capacity in Elderly Care (ADB-49277-001)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Indonesia
  • Mongolia
  • Sri Lanka
  • Thailand
  • Tonga
  • Vietnam
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
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
May 13, 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
  • Education and Health
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)
$ 2.50 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 Jan 15, 2019

Disclosed by Bank Sep 29, 2016


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Project Description

According to ADB website, Asia is undergoing one of the most profound demographic shifts in the world, wherein by 2050, the number of people over the age of 65 is expected to exceed 1 billion. The Midterm Review of Strategy 2020; Social Protection Operation Plan, 2014-2020; and Operational Plan for Health, 2015-2020 of ADB all recognize the challenges this demographic shift poses for growth in the region and the risk of creating new vulnerable populations if these challenges are not addressed. The TA will be a first step in developing a new ADB business line that cuts across sectors and is at the center of development needs in Asia and the Pacific. 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Project Officer: Wendy M. Walker
STDC-SOC, 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