Improving Institutional Capacity on Preparing Energy Efficiency Investments (ADB-50294-001)

Countries
  • Bangladesh
  • Bhutan
  • Maldives
  • Nepal
  • Sri Lanka
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
Dec 6, 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
  • Energy
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)
$ 2.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 7, 2019

Disclosed by Bank Dec 12, 2016


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Project Description

According to ADB website, South Asia has been one of the fastest-growing regions in the world from 1997-2016, with gross domestic product per capita rising by an average of 6% each year. ADB projected that South Asia's energy consumption could grow by 3% per annum from 2010 to 2035. But the energy sector has not been able to keep pace with the region's impressive macroeconomic growth, and South Asia continues to experience chronic supply shortage and poor quality of service. ADB has significant experience in supporting supply-side energy projects to address supply shortage, but it needs to build on this experience to strengthen synergies between supply-side and demand-side interventions.

The proposed technical assistance (TA) aims to assist five developing member countries (DMCs) in South Asia (Bangladesh, Bhutan, the Maldives, Nepal, and Sri Lanka) in enhancing their capacity for energy efficiency development, and increasing energy efficiency investments in a cost-effective manner to meet the energy demand in each country. According to ADB documents, safeguard categorization is not applicable. This TA has "B" category.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Project Officer: Zhou, Aiming
South Asia Department, 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