Second Sri Lanka Flood and Landslide Disaster Response Project (ADB-51223-001)

Countries
  • Sri Lanka
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
Approved
Bank Risk Rating
C
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
Jun 8, 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
Democratic Socialist Republic of Sri Lanka, Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
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.
Grant 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.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 14, 2017

Disclosed by Bank Jun 14, 2017


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Project Description
According to ADB website, Sri Lanka was hit by severe Tropical Storm Roanu on 15 May 2016 causing widespread flooding and landslides in 22 out of the 25 districts of the country affecting 340,150 people. This project is an emergency grant, therefore Design and Monitoring Framework (DMF) is not applicable. The grant amounting to US$ 2 Million is sourced out from the Asia Pacific Disaster Response Fund.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Mohamed Asmi, Yazeen Bawa South Asia Department No contact information provided at the time of disclosure. 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