COVID-19 Vaccine Support Project under the Asia Pacific Vaccine Access Facility (ADB-55013-001)

Regions
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Pakistan
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
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
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
Aug 6, 2021
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
Government of Pakistan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 500.00 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.
Loan Amount (USD)
$ 500.00 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 Apr 10, 2022

Disclosed by Bank Aug 6, 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 ADB documents, the proposed project will provide the Government of Pakistan, through the Asia Pacific Vaccine Access Facility, with financing for the procurement of coronavirus disease (COVID-19) vaccines, and for associated logistics and capacity strengthening activities. The rapid response component under the APVAX will be used to procure COVID-19 vaccines, and to cover international transport and port clearance costs. The project investment component under the APVAX will be used for capacity strengthening. Pakistan has met all APVAX access criteria.The project will support the implementation of the National Deployment and Vaccination Plan (NDVP) i.e., the introduction of COVID-19 vaccines in Pakistan in 2021 in line with the country partnership strategy and Strategy 2030 of the Asian Development Bank (ADB).

PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY

The proposed project is part of ADB's holistic support for Pakistan's response to the COVID-19 crisis, and will help mitigate the adverse health, social, and economic impacts while targeting vulnerable population segments and ensuring gender mainstreaming.

IMPACT

i) Protect vulnerable groups from morbidity and mortality due to COVID-19 disease

ii) Spread, morbidity, and mortality of SARS-CoV-2 reduced, and confidence of citizens restored

 

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

Concessional ordinary capital resources lending


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 Huitzing, Hiddo A.
Responsible ADB Department Central and West Asia Department
Responsible ADB Division CWSS
Executing Agencies
Ministry of National Health Services, Regulations and Coordination
DRSABEENAFZAL@GMAIL.COM
Kohsar Block, Pakistan Secretariat, Islamabad, Pakistan

 

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