Institutional Strengthening for Environmental Safeguards in Vanuatu (ADB-49445-001)

Countries
  • Vanuatu
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
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
Jan 22, 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
Government of Vanuatu
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Law and Government
  • 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)
$ 0.20 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)
$ 0.20 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 13, 2017

Disclosed by Bank Feb 1, 2016


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Project Description
The TA will be in alignment with the objectives of the Paris Declaration and Accra Agenda for Action principles which are based on strengthening and implementing country systems. The TA is aligned with three development impacts identified in government plans and strategies. Firstly, providing for the conservation, sustainable development and management of the environment of Vanuatu. Secondly, supporting Priority 1 of primary sector development and environment section of Priorities and Action Agenda-implementing the EPCA and the regulation of related activities. Finally, providing further institutional strengthening contributing to the main functions of the DEPC. The expected outcome will be strengthened DEPC capacity, through strengthened legislative tools, to implement environmental safeguards in the infrastructure sector. IMPACT -Providing for the conservation, sustainable development and management of the environment of Vanuatu. -Supporting Priority 1 of primary sector development and environment section of Priorities and Action Agenda - implementing the Environmental Protection and Conservation Act (EPCA) and the regulation of related activities. -Providing further institutional strengthening contributing to the main functions of the Department of Environmental Protection and Conservation (DEPC).
Investment Description
  • Asian Development Bank (ADB)
Contact Information
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