Preparing Yangtze River Economic Belt Projects (ADB-50343-001)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Specific Location
Yangtze River basin
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
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Apr 19, 2017
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of the People’s Republic of China
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Water and Sanitation
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 2.40 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 7, 2020

Disclosed by Bank Apr 21, 2017

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The transaction TA facility will help prepare the program of interrelated projects and TA under the Yangtze River Economic Belt (YREB) strategic framework. The TA facility is suitable to ensure a consistent approach to the YREB strategic framework by addressing cross-sectoral themes, developing local capacity for improved project implementation, enhancing project readiness, and strengthening the overall coordination and cooperation for sustainable green development and environmental protection of the Yangtze River.

The Yangtze River is the People's Republic of China's (PRC's) longest river, covers more than 2 million square kilometers, one-fifth of the country geographically, and accounts for over 40% of PRC's total population and about 45% of the gross domestic product. The Yangtze River, one of the busiest inland rivers for freight traffic worldwide, is home to the largest hydropower plant in the world and is the source of water for the South North water transfer project.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Climate Change Fund US$ 600,000
Water Financing Facility - Multidonor TF US$ 300,000


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

National Development and Reform Commission
No. 38 South Yuetan St. Beijing 100824, China

Ministry of Finance
Sanlihe, Xicheng District, Beijing,100820, China

State Office for Comprehensive Agricultural Devt
3# Nan San Xiang, Sanli He, Xi Cheng District, Beijing 100820, 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

How it works

How it works