Fujian Mulan River Basin Integrated Ecological Restoration and Management Project (ADB-53051-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Nation-wide, Xianyou - Putian- Fujian 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
  • Water and Sanitation
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 Oct 31, 2019


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Project Description

According to the bank document, the proposed project particularly aims to assist Xianyou County in Putian City, Fujian Province of the PRC in developing an integrated solution to flood control, ecological restoration, and water quality improvement of Mulan River, taking into consideration of climate change and environmental management to contribute to the achievement of the government's goal of fostering green, sustainable, resilient, and inclusive growth for rural development.

The project will promote financial innovation and an integrated approach for rural vitalization and will bring direct benefits to inclusive development, environmental conservation, and ecological preservation, while targeting global and public goods, and inclusive growth. The project will have three outputs:

Output 1: Innovative financing mechanism piloted.

Output 2: Institutional capacity for environmental management strengthened.

Output 3: Flood management, ecological restoration, sanitation, and water resources improvement systems installed.

These outputs will result in the following outcome: flood and environmental risks in the Mulan River mitigated. The project will be aligned with the following impact: quality of rural life enhanced.

The project will address two specific institutional issues on environmental management: financing and capacity strengthening. The use of land value capture method will be a demonstrative financial innovation to establish a sustainable financing mechanism for environmental management. The capacity strengthening will reinforce know-how and coordination for planning and implementing integrated approach to environmental management. The experience and knowledge gained through this project can be replicated in other rural areas in the PRC and in the region.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Executing Agencies

Fujian Provincial Government (FPG)
ADB Loan Management Office
2/F 115th Guping Road, Fuzhou 350003
Fujian, PRC

Xianyou County People's Government

No.1 Qingyuan East Road, Licheng Street, Xianyou County, Putian City, Fujian Province, 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