Energy Sector High-Level Technology Application (ADB-52307-003)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Cambodia
  • Indonesia
  • Maldives
  • Mongolia
  • Pakistan
  • Papua New Guinea
  • Philippines
  • Tajikistan
  • Thailand
  • Timor-Leste
  • Uzbekistan
  • Vietnam
Where the impacts of the investment may be experienced.
Specific Location
Region-wide
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
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
Oct 1, 2019
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
  • 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, 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.
Project Cost (USD)
$ 1.50 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 Nov 29, 2019

Disclosed by Bank Oct 7, 2019


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Project Description

According to the project document, the project aims to promote the use of advanced and innovative technologies across ADB operations and provide capacity-building support to developing member countries (DMCs). 

TA Subproject 2 aims to support ADB's developing member countries' objective to introduce high-level technology solutions to energy-related development challenges.

There are three concrete challenges in which TA Subproject 2 aims to find new solutions for

(i) increasing clean energy use for heating and cooling,

(ii) advancing efficient renewable energy-based microgrids, and

(iii) efficiently improving energy demand management. To this end, TA Subproject 2 will support achieving economic development while meeting nationally determined contributions pledged under the Paris Agreement.

Investment Description
  • Asian Development Bank (ADB)

High Level Technology Fund (co-financing) US$ 1.50 million

Contact Information

Responsible ADB Officer: Yoonah Lee

Responsible ADB Department: Sustainable Development and Climate Change Department (SDCC)

Responsible ADB Division: Energy Sector Group from the Sector Advisory Cluster (SDSC-ENE)

Executing Agencies

Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

*There is no further information being disclosed at this stage of the project*

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