Establishing a Regional Hub on Domestic Resource Mobilization and International Tax Cooperation (ADB-54454-001)

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
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."
Sectors
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Fund
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 4.00 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
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 27, 2021

Disclosed by Bank Feb 12, 2021

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's website, "The knowledge and support technical assistance (TA) is a corporate priority TA that will support developing member countries (DMCs) to enhance collaboration and knowledge sharing on domestic resource mobilization (DRM) and international tax cooperation (ITC), in partnership with other development partners (DPs), and strengthen the establishment and implementation of differentiated, country-specific roadmaps on DRM and ITC. This will be achieved through the establishment of an effective and inclusive regional hub on DRM and ITC, where all DMCs and DPs collaborate closely to promote DRM and ITC in Asia and the Pacific region. The TA's key outputs are to establish a regional hub secretariat function in the Asian Development Bank (ADB), promote strategic dialogues and information sharing among DMCs, DPs and ADB including by organizing high-level regional conferences, develop the web portal for the regional hub, and drive digital solutions on DRM and ITC. The secretariat -- initially to operate virtually -- will promote a One ADB approach to maximize internal resources and cost effectiveness through close communication with relevant departments. The TA builds on the initial accomplishments of the TA for Enhancing Tax Transparency of ADB Developing Member Countries (TA 9433)."

 

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 Nagata, Go
Responsible ADB Department Sustainable Development and Climate Change Department
Responsible ADB Division SDTC-GOV
Executing
Agencies Asian Development Bank
6 ADB Avenue, Mandaluyong City 1550, Philippines

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.

How it works

How it works