Integrated Disaster Risk Management Fund: Sharing Lessons, Achievements, and Best Practices (ADB-53350-001)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • Cambodia
  • Indonesia
  • Laos
  • Myanmar
  • Philippines
  • Thailand
  • Vietnam
Geographic location where the impacts of the investment may be experienced.
Specific Location
Region-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 11, 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.
Sectors
  • Law and Government
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 Nov 29, 2019

Disclosed by Bank Oct 14, 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 Integrated Disaster Risk Management Fund (IDRM Fund) is administered by ADB on behalf of its financing partner, the Government of Canada, and with an implementation period of March 2013-March 2020. Established in 2013, the Integrated Disaster Risk Management Fund (IDRM Fund) aims to achieve an increased access to, and use of, IDRM tools by key stakeholders, including vulnerable groups, particularly women, in Southeast Asia.

Financed activities respond to the Fund's six priority outputs:

(a) enhanced risk identification and analysis;

(b) increased investment in disaster risk reduction;

(c) improved access to disaster risk finance, including for the poor, particularly poor women;

(d) scaling up of community-based and gender-focused approaches;

(e) increased regional cooperation on integrated disaster risk management; and

(f) enhanced knowledge and tools for integrated disaster risk management.

As ADB prepares to close the Fund, the project will prioritize documenting and sharing lessons learned among stakeholders in Southeast Asia, it will facilitate the identification and consolidation of lessons, achievements, and best practices to contribute to a potential scaling-up of sustainable investments. 

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

Integrated Disaster Risk Management Fund (Govt of Canada) 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.

Responsible ADB Officer Steven Goldfinch

Responsible ADB Department Sustainable Development and Climate Change Department

Responsible ADB Division Climate Change and Disaster Risk Management Division (SDCD)

Executing Agencies

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

*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