Capacity Building and Sector Reform for Renewable Energy Investments in the Pacific (ADB-49450-010)

Regions
  • East Asia and Pacific
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 22, 2017
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Region: Pacific
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Technical Cooperation
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, guarantee, technical assistance, advisory services, equity and fund.
Project Cost (USD)
$ 5.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 20, 2020

Disclosed by Bank Nov 24, 2017

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The proposed regional transaction TA will provide capacity building and policy advice support to a series of ongoing and ensuing projects, comprising projects included in the indicative project pipeline under the Pacific Renewable Energy Investment Facility (the Facility), and other investment projects in energy planned or proposed in COBPs of PARD DMCs. This transaction TA is not, in and of itself, included in any country's COBP; it is complementary to operations included such COBPs.

The proposed regional transaction TA will support the sustainability of energy investments in the Pacific, including projects to be implemented under the Pacific Renewable Energy Investment Facility (the Facility) and financed by ADB or other sources. The Facility was approved on 22 June 2017 for up to $200 million to finance a series of individual small-value renewable energy projects in the 11 smaller Pacific island countries (PIC-11), and support regional approaches for energy sector reform, private sector development, and capacity building. The Facility was designed to streamline ADB's internal procedures, enhancing its ability to process small-value projects in the PIC-11 faster and with lower transaction costs. The proposed regional transaction TA will support similar energy sector reform, private sector development, and capacity building objectives in countries other than those covered by the Facility (i.e. non PIC-11 countries - Papua New Guinea, Timor-Leste, and Vanuatu).

Geographic Location: Cook Islands , Kiribati , Marshall Islands , Micronesia, Nauru , Palau , Samoa , Solomon Islands , Tonga , Tuvalu , Vanuatu

CONSULTING SERVICES

ADB will be responsible for selection and supervision of consultants engaged under the TA. Consultant areas of expertise will be consistent with activities prescribed in paragraphs 14 through 18, and will include: (i) energy sector policy and strategic planning, (ii) public utility regulation and governance, (iii) electric power utility operations, (iv) financial management and accounting, enterprise resource planning (ERP) and corporate management information systems (MIS) design and implementation, and business process re-engineering. ADB will engage consultants in accordance with ADB Procurement Policy (2017, as amended from time to time) and the associated PAIs/TA Staff Instructions.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Financed by Green Climate Fund


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

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

How it works

How it works