Development of the Pacific Energy Regulators Alliance (ADB-53209-001)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
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
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."
Borrower
Pacific Region
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.23 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 May 21, 2020

Disclosed by Bank Nov 21, 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 website, "the objective of the proposed TA is to promote modern regulation of energy utilities in the Pacific through the development of a regional platform for delivery of capacity-building interventions, the exchange of knowledge and skills, and leveraging of Pacific countries' limited resources to address common challenges. The TA will, in the first instance, elaborate a model for the institutionalization (without prejudice as to eventual legal status) of a Pacific Energy Regulators Alliance, define its administrative and governance structures and scope of activities, determine its resource requirements, and prepare an initial workplan to provide for its sustainability and mechanisms for attraction and management of additional financial resources, including support from other development partners and from members of the Alliance themselves.

The proposed TA will advance the Alliance's development by assignment of consultants to engage with the Alliance's members, the Secretariat of the Pacific Community, and prospective development-partner contributors to:

(i) elaborate a model for the institutionalization of the Alliance (without prejudice as to eventual legal status);

(ii) define its administrative and governance structures and scope of activities;

(iii) determine its resource requirements; and

(iv) prepare an initial workplan to provide for its sustainability and mechanisms for attraction and management of additional financial resources, including support from other development partners and from members of the Alliance themselves.

Additionally, the proposed TA will demonstrate the tangible value of the creation of a regional platform for knowledge sharing and skills development by hosting one regional training workshop on regulatory fundamentals for the benefit of regulatory body employees and/or policymakers from current and prospective Alliance member countries. The workshop will also be the venue for presentation of consultants' findings and recommendations relating to the Alliance's institutionalization and further development and activities."

Investment Description
Here you can find a list of individual development financial institutions that finance 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 J. Michael Trainor
Responsible ADB Department Pacific Department
Responsible ADB Division PAEN
Executing Agencies Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

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

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How it works