Innovation in Education Sector Development in Asia and the Pacific (ADB-50361-001)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Specific Location
Regional
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
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
Nov 2, 2017
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: Asia Pacific
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
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)
$ 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 Dec 15, 2017

Disclosed by Bank Nov 20, 2017


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Project Description
The proposed knowledge and support technical assistance (TA), an endorsed corporate priority TA, aims to enhance knowledge and capacity by facilitating the establishment and operation of an education partnership platform (EPP). The EPP will be an open platform to bring together a wide range of partners, both traditional (donor countries) and non- traditional [foundations, civil society organizations (CSOs), centers of excellence and corporates] with the flexibility to support country, subsector, and theme specific priorities of partners. It will support the development of knowledge and human resource capacity of participating developing member countries (DMCs) to improve student learning and labor market linkages of education projects. Effective coordination is essential to match demand for and supply of assistance to take full advantage of potential resources that can be made available. This TA will (i) provide initial funding to leverage other sources of support from different partners and (ii) seek supplementary TA support from ADB resources depending on the progress and availability of resources from partners. In addition to supporting the secretariat functions of the EPP, the TA will provide financial resources for priority projects to be supported by EPP to conduct research and pilot activities, or to formulate proposals for investment projects in the education sector. EPP will try to tap the Japan fund for Poverty Reduction and other ADB-managed financing partnership facilities for specific projects. The TA is included in the Management-approved Education Sector Group's (EdSG) 2017 annual work plan
Investment Description
  • Asian Development Bank (ADB)
Contact Information
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