Jiangxi Ganzhou Rural Vitalization and Comprehensive Environment Improvement (ADB-53049-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Ganzhou municipality, Jiangxi 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
Proposed
Bank Risk Rating
A
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.
Borrower
People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 200.00 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)
$ 200.00 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 Jan 10, 2020

Disclosed by Bank Sep 19, 2019


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Project Description

According to the bank document, the Asian Development Bank (ADB) and the government have agreed to adopt a framework approach. Priority is given to:

(i) institutional strengthening and policy reform;

(ii) ecosystem restoration, environmental protection, and management of water resources;

(iii) inclusive green industrial transformation; and

(iv) construction of an integrated multimodal transport corridor.

As the Ganzhou Municipal Government (GMG) is carrying out tests to determine the most effective types of vegetation and reforestation for water conservation and prevention of soil erosion, it aims to create an improved rural living environment and address the ecological and environmental issues resulting from economic development and population growth pressures in Ganzhou. It intends to apply water resource management, consistent with international best practice. In 2017, GMG established the Ganzhou Ecological Protection Center to strengthen its capacity, in line with the National Strategic Plan for Rural Vitalization, 2018 2022, the Jiangxi Provincial Government issued local implementation guidelines.

 

Investment Description
  • Asian Development Bank (ADB)

Loan: Jiangxi Ganzhou Rural Vitalization and Comprehensive Environment Improvement US$ 200.00 million

Contact Information

Responsible ADB Officer: Mingyuan Fan

Responsible ADB Department: East Asia Department

Responsible ADB Division: Environment, Natural Resources & Agriculture Division, EARD

Executing Agencies

Ganzhou Municipal Government
8 Changzheng Blvd., Ganzhou, Jiangxi Province, 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