Qingdao Rural Waste-to-Energy Project (ADB-50089-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Qingdao
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
C
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
Sep 29, 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 People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Energy
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)
$ 0.50 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)
$ 0.50 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 Aug 11, 2017

Disclosed by Bank Oct 3, 2016


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Project Description
The Technical Assistance will fund biogas and biomass practices in rural Qingdao to be implemented and operated by the Qingdao Energy Group (QEG), the largest local state-owned energy company in Qingdao. The project will complement Asian Development Bank -financed Beijing-Tianjin-Hebei Clean Air Program. Upon project completion, similar technical application and business model can be replicated in other similar rural areas in the greater Beijing-Tianjin-Hebei region by turning agricultural and livestock wastes to cleaner and low-carbon heating and cooking fuel. During the project preparation, ADB will facilitate establishing a knowledge and technical exchange platform between the QEG and advanced countries in using biogas and biomass such as Germany, Japan, Sweden, and the United States. This will help Qingdao gain further knowledge and experience in the areas of (i) policies, institutional laws and regulations; (ii) biogas and biomass technologies; and (iii) relevant project experiences.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Qingdao Municipal Government c/o Qingdao Mun.Devt.& Reform Commission No. 11 Xiang Gang Zhong Road, Qingdao People's Republic of China 266071 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