Jilin Yanji Low-Carbon Climate-Resilient Urban Development Project (ADB-50322-002)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Yanji City, Yanbian Korean Autonomous Prefecture (YKAP)
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
Proposed
Bank Risk Rating
A
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.
Borrower
People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Transport
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 130.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 130.00 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)
$ 130.00 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 Jan 30, 2019

Disclosed by Bank Aug 21, 2018


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Project Description

According to the project document, the proposed project is timely and essential to address some of the city's severe development challenges including:

(i) economic dependency on few sectors with insufficient value added locally;

(ii) poor urban livability due to inadequate urban infrastructure and services provision; and

(iii) urban and river flooding and the impact of climate change which are key limitations to the city's sustainable development.

Therefore, the project hopes to bring environmentally sustainable, low-carbon, climate-resilient, and green urban and economic development of Yanji City achieved

Investment Description
  • Asian Development Bank (ADB)

Loan: Jilin Yangji Urban Development

Ordinary capital resources    US$ 130.00 million

Contact Information

Executing Agencies

Yanji City Government
759 Henan Street, Yanji City,
Jilin Province, China

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