Facilitating Knowledge for Innovation and Technology Cooperation to Accelerate Development (ADB-52309-001)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • India
  • Indonesia
  • Philippines
Geographic location where the impacts of the investment may be experienced.
Specific Location
India - Nation-wide; Indonesia - Nation-wide; Philippines - Nation-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
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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."
Sectors
  • Communications
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
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 Mar 6, 2020

Disclosed by Bank Nov 20, 2019

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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.

According to the bank document, the knowledge and support technical assistance (TA) will support the Asian Development Bank's (ADB's) efforts to develop human capital to advance and share knowledge for innovation and technology adoption and diffusion in its developing member countries (DMCs). Aligned with ADB's Strategy 2030, the TA emphasizes _promoting the use of innovative technology_ and _strengthening knowledge services_, to accelerate and sustain economic development in the DMCs, by addressing increasingly complex development challenges facing the region.

The proposed TA is included in the 2019 work plan of the Sustainable Development and Climate Change Department. It is in line with the President's Planning Directions for 2019 to deliver quality operations through incorporating new approaches, knowledge creation and sharing with clients, advanced technologies, collaboration, and innovation.

This TA will support the implementation of the Korea-Asia and Pacific Tech Corp (KTC) Program which underlines the cooperation agreement ADB signed in May 2018 with the Ministry of Strategy and Finance of the Republic of Korea. The KTC program will engage experts from Asia and the Pacific, including Korea to help build the capacity in ADB's DMCs to learn new skills and adopt innovation. The KTC program is being implemented in Latin American countries in partnership with the Inter-American Development Bank (IDB).

 

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

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


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.

Responsible ADB Officer Vivek Raman

Responsible ADB Department Sustainable Development and Climate Change Department

Responsible ADB Division SDCC-KC

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

How it works

How it works