Establishing a Support Facility for Article 6 of the Paris Agreement (ADB-50404-001)

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
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
Dec 7, 2018
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.
Sectors
  • Climate and Environment
  • Energy
  • 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, etc.
Investment Amount (USD)
$ 1.50 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 Mar 28, 2019

Disclosed by Bank Nov 13, 2018


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Project Description

The Asian Development Bank (ADB), through the proposed knowledge and support technical assistance (TA), will establish and implement the Article 6 Support Facility (the Support Facility). The Support Facility will provide capacity building and technical support to developing member countries (DMCs) to help them to identify, develop and test mitigation actions under the framework of Article 6 of the Paris Agreement.

Investment Description
  • Asian Development Bank (ADB)

Technical Assistance Special Fund US$ 1.50 million
Federal Ministry for the Environment, Nature Conservation, and Nuclear Safety of Germany US$ 1.50 million
Swedish Energy Agency US$ 1.00 million 

Contact Information

Responsible ADB Officer Duggal, Virender K.
Responsible ADB Department SDTC
Responsible ADB Division SDCD
Executing Agencies
Asian Development Bank
6 ADB Avenue, Mandaluyong City 1550, Philippines 

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