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

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
B
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
Nov 22, 2017
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
Region: Pacific
The holder of the loan, grant, or other investment.
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, etc.
Project Cost (USD)
$ 5.00 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 Dec 13, 2017

Disclosed by Bank Nov 24, 2017


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Project 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
  • Asian Development Bank (ADB)
Financed by Green Climate Fund
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