Developing Partnerships for Knowledge Sharing on Natural Capital Investment in the Yangtze River Eco (ADB-53301-001)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Specific Location
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
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."
Voting Date
Oct 15, 2019
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
People's Republic of China
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Water and Sanitation
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, guarantee, technical assistance, advisory services, equity and fund.
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.
Project Cost (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 Jan 10, 2020

Disclosed by Bank Nov 6, 2019

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

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 small-scale knowledge and support technical assistance (TA) amounting to $225,000 will be financed on a grant basis by the People's Republic of China (PRC) Poverty Reduction and Regional Cooperation Fund (PRCF) and administered by the Asian Development Bank (ADB). The TA is aligned with the following impact: More developing member countries (DMCs) benefited from the Yangtze River Economic Belt (YREB) knowledge sharing with the partnership initiative established by the TA. The TA will have the following outcome: international partnership for the YREB knowledge sharing established. The TA has the following three outputs:

Output 1: International partnership initiative for knowledge sharing on natural capital investment in the YREB developed. T

Output 2: Workshops to develop the partnership and consultation on the initiative organized.

The potential international partners may include the Asian Infrastructure Investment Bank; Global Environment Facility; International River Foundation; World Bank; watershed management organizations; and related representatives from the governments, banks or institutes in the DMCs.

Output 3: Partnership initiative officially launched. After an agreement with international partners, this output will involve the hosting of a workshop in the PRC, such as the China Council for International Cooperation on Environment and Development's (CCICED) annual general meeting in mid-2020 or a side event at the Community of Practice's (COP15) Convention on Biodiversity tentatively scheduled in October 2020 in Kunming, Yunnan Province of the PRC.

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

People's Republic of China Poverty Reduction and Regional Cooperation Fund (cofinancing funding) US$ 0.23 million 


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.

Executing Agencies

Ministry of Ecology and Environment former "Ministry of Environmental Protection"
115 Xizhimen Nanxiaojie, Beijing

*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