Original disclosure @ ADB website
Updated in EWS Aug 11, 2020
Disclosed by Bank Jul 30, 2019
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According to the bank website, "the proposed transaction technical assistance (TA) facility will conduct required due diligence and provide project preparation and procurement support, capacity building, and policy recommendations for seven ensuing energy sector projects for approval in 2019 -2022 under the Pacific Renewable Energy Investment Facility. The facility, approved in June 2017, is designed to finance a large number of small-value renewable energy projects in the 11 smaller Pacific island countries (PIC-11). The facility will benefit the PIC-11 economies through (i) an improved balance of trade by reducing fossil fuel imports, (ii) improved energy security, (iii) downward pressure on tariffs, and (iv) and reduced greenhouse gas emissions. The facility supports the PIC-11 in transforming their power sectors from diesel to sustainable renewable energy generation sources; and supports sector reform, private sector development, and capacity building."
Technical Assistance Special Fund US$ 3.00 million
Strategic Climate Fund - SREP US$ 1.00 million
Responsible ADB Officer Cinderella Tiangco
Responsible ADB Department Pacific Department
Responsible ADB Division PAEN
Executing Agencies Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
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