Yangtze River Green Ecological Corridor Comprehensive Agriculture Development Project (ADB-51116-002)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Chongqing, Guizhou, Hubei, Hunan, Sichuan, Yunnan
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
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
Nov 16, 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.
Borrower
People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
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)
$ 300.00 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)
$ 300.00 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)
$ 506.80 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 31, 2019

Disclosed by Bank Aug 13, 2018


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Project Description

According to the bank document, the proposed project will strengthen rural livelihoods, especially the rural poor who rely most on natural resources as the basis for their primary source of income, to modernize their agriculture production systems and minimize environmental degradation and nonpoint source (NPS) pollution.

The proposed project will be implemented in five provinces and one municipality in the upper and middle reaches of the Yangtze River Basin, notably Yunnan, Sichuan, Guizhou, Chongqing, Hunan, and Hubei. The project area consists of 48 counties, which are characterized by the prevalence of low and medium agriculture productivity; high risk and occurrence of soil erosion; high levels of agriculture NPS pollution; lack of irrigation systems; limited farm access roads; and are in need for modernization and were selected for inclusion in the project based on geographical, financial, environmental and social criteria.

The project will have three outputs: (i) Modern farming systems applied; (ii) agriculture nonpoint source pollution reduced; and (iii) institutional capacity and coordination strengthened. These outputs will result in the following outcome: sustainable and modern agriculture production systems established in the participating project provinces. The project will be aligned with the following impact: improved environmental protection, rehabilitation, and management of the Yangtze River.

Investment Description
  • Asian Development Bank (ADB)

Loan 3740-PRC: Yangtze River Green Ecological Corridor Comprehensive Agriculture Development (ADB) US$ 300.00 million

Counterpart         US$ 206.80 million

Contact Information

Responsible ADB Division       Environment, Natural Resources & Agriculture Division, EARD

Executing Agencies

Farmland Construction and Management Department, Ministry of Agriculture and Rural Affairs
No.11 Nongzhanguan Nanli, Chaoyang
District, Beijing

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