Original disclosure @ ADB website
Updated in EWS Dec 17, 2020
Disclosed by Bank Nov 4, 2020
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According to the bank's documents, "The technical assistance (TA) project will provide support to Indian financial institutions (FIs) for lending to small and medium-sized enterprises (SMEs) for energy efficiency and smart infrastructure initiatives.1 The TA activities include: (i) identifying attractive energy efficiency lending opportunities for FIs across various industry segments (market study); (ii) identifying technology vendors suitable for partnership with FIs; (iii) designing financing structures to incentivize SMEs, particularly those owned by women, to finance energy efficiency initiatives;2and (iv) sharing knowledge on implementing energy efficiency, smart infrastructure, and strategies for financing emissions reduction in India. The TA will support up to two FIs in designing financing facilities (in discussion with technology vendors) for on-lending to SMEs. Following completion of this TA, the Asian Development Bank (ADB) may consider providing financing to Indian FIs to deploy the facilities designed by this TA project."
Clean Technology Fund (Full ADB Administration) US$ 0.4 million
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Private Sector Financial Institutions Division
Responsible ADB Officer Olsen, Susan
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.