Legal Readiness for Climate Finance and Climate Investments (ADB-50178-001)

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
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
Aug 16, 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
Regional
The holder of the loan, grant, or other investment.
Sectors
  • Finance
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.
Investment Amount (USD)
$ 0.38 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 31, 2017

Disclosed by Bank Sep 6, 2016


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Project Description
According to ADB website, the S-CDTA seeks to strengthen the legal and regulatory capacities of DMCs to meet their mitigation commitments and adaptation needs under the Paris Agreement. The diagnostic studies will identify various legal and regulatory barriers to accessing international climate finance and to implementing NDCs, which is an essential step to ensuring that DMCs have adequate financing means to achieve their climate targets. The impact will be the legal and regulatory capacity of selected DMCs to facilitate finance flow towards low carbon and climate resilient development to achieve their Nationally Determined Contributions strengthened.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Pak, Christina U. Office of the General Counsel, ADB No contact information provided at the time of disclosure. 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