2024 International Comparison Program for Asia and the Pacific (ADB-53303-002)

Regions
  • East Asia and Pacific
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Bangladesh
  • Bhutan
  • Brunei
  • Cambodia
  • China
  • Fiji
  • Hong Kong
  • India
  • Indonesia
  • Laos
  • Malaysia
  • Maldives
  • Mongolia
  • Nepal
  • Pakistan
  • Philippines
  • Singapore
  • Sri Lanka
  • Taiwan
  • Thailand
  • Timor-Leste
  • Vietnam
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
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."
Borrower
Regional
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 2.00 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)
$ 2.00 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
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 13, 2024

Disclosed by Bank Jun 18, 2024

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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’s website, the Asian Development Bank (ADB) through the Economic Research and Development Impact Department (ERDI) has been the regional implementing agency (RIA) of the International Comparison Program (ICP) for Asia and the Pacific since 2003. The proposed corporate priority technical assistance (TA) aims to support ADB's continued role as the regional implementing agency (RIA) for the International Comparison Program (ICP) in the Asia and Pacific region. The TA will produce purchasing power parities (PPPs) and related results for the 2024 ICP cycle and conduct related statistical capacity building activities in the participating economies. The ICP is a globally coordinated statistical initiative under the auspices of the United Nations Statistical Commission (UNSC), that will produce PPPs, PPP-based internationally comparable volume measures of gross domestic product (GDP) and its components.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Environment: Not applicable
Involuntary Resettlement: Not applicable
Indigenous Peoples: Not applicable

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

The TA financing amount is $2,000,000, which will be financed on a grant basis by ADB’s Technical Assistance Special Fund (TASF 7 for $1,000,000 and TASF-other sources for $1,000,000).

The governments of participating economies will provide counterpart support in the form of payment of salaries of staff performing TA activities, office space and communication facilities, utilities, supplies, information technology (IT) equipment, and other in-kind contributions.


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 Kaushal Joshi

Responsible ADB Department Economic Research and Regional Cooperation Department

Responsible ADB Division EROD-SDI

Executing Agencies

Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

No contacts available at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.adb.org/forms/request-information-form

ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals

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