Advanced Renewable Energy Technology Demonstration (ADB-51421-001)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Specific Location
Maerkang (Barkam), Sichuan province
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
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
Aug 31, 2018
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
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
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.50 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)
$ 0.70 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.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 21, 2020

Disclosed by Bank Jun 22, 2018


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

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.

According to the bank document, the knowledge and support technical assistance (TA) will increase the readiness of the Government of Aba Prefecture for investments in climate-resilient distributed heating based on renewable energy in Barkam County in Sichuan Province. The TA will assist the local government in developing knowledge about and preparing a pre-feasibility study on renewable energy-based climate-resilient distributed heating systems.

The TA is in the country operations business plan, 2018 2020 of the Asian Development Bank (ADB) for the People's Republic of China (PRC). It fully aligns with ADB's country partnership strategy, 2016 2020 for the PRC's priority on managing climate change and the environment for an ecological civilization. It will support the strategic priorities of Strategy 2030 to build climate resilience and enhance environmental sustainability.

 

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

TA 9577-PRC: Advanced Renewable Energy Technology Demonstration 

Technical Assistance Special Fund (ADB)   US$ 0.3 million

Climate Change Fund (ADB) US$ 0.2 million

Clean Energy Fund under the Clean Energy Financing Partnership Facility (Cofinancing) US$ 0.2 million


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.

Executing Agencies

People's Government of Aba Tibetan and Qiang Autonomous Prefecture
45 Chonglie Street, Barkam City Aba Prefecture, Sichuan

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