Industry Green Growth Indicators and Innovative Mechanisms for Guangdong Province (ADB-52125-001)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Specific Location
Guangdong 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
Nov 22, 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
  • Finance
  • Industry and Trade
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)
$ 0.30 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.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 20, 2019

Disclosed by Bank Oct 3, 2018

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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.

The proposed project will support the development of industry green growth indicators and innovative mechanisms through research, capacity development, and policy advice to promote green growth of the industries in Guangdong Province, the People's Republic of China (PRC).

The PRC Government has requested the technical assistance from the Asian Development Bank (ADB) as part of its efforts to establish a comprehensive indicator and evaluation framework, system, and implementation mechanism to:

(i) improve the environmental performance of industries in Guangdong, and

(ii) support decision-making for future green financing.

Following a mission in May 2018, ADB and the government reached an understanding on the TA objectives, scope, implementation arrangements, costs, and terms of reference for consultants. The TA is included in ADB's country operations business plan for the PRC, 2018 2020.

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

TA 9649-PRC: Industry Green Growth Indicators and Innovative Mechanisms for Guangdong Province

Technical Assistance Special Fund      US$ 0.30 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

Guangdong Economic and Information Commission
6th Floor, No. 11 Lianxin Road, Guangzhou
Guangdong Province, 510030, PRC

Guangdong Finance Bureau (GFB)
Department of Finance of Guangdong Province Floor 11, No. 26 Cangbian Road Guangzhou, PRC 510030

Guangdong Provincial Finance Department
11th Floor, No. 26 Cangbian Road, Guangzhou
Guangdong Province, 510030, PRC

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