Accelerating Sustainable, Resilient, and Inclusive Agriculture and Rural Transformation with Digital Technologies in the PRC and Its Implications for Developing Asia (ADB-56050-001)

Countries
  • China
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
Approved
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
Nov 16, 2022
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
  • Agriculture and Forestry
  • Climate and Environment
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)
$ 0.30 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 Jan 23, 2023

Disclosed by Bank Nov 17, 2022

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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 ADB website:

The knowledge and support technical assistance (TA) will contribute to research identifying the major pathways and drivers for the use of digital technologies to facilitate rapid, inclusive, and green agricultural and rural transformation in the People's Republic of China (PRC), which could lead to recommendations, based on scientific evidence, regarding innovative institutions, policies, and investments. The TA will also (i) examine factors that enable and constrain the use of digital technologies to facilitate green and resilient agricultural and rural transformation; and (ii) propose appropriate models that could be scaled up and transferred to other areas and the regions in the PRC with the corresponding institutions and incentive mechanisms in the near future, in order to promote green, low-carbon agricultural and rural development and enhance climate change adaptation capacity in the PRC. The TA will further enhance the capacity of the government, the private sector, farmers, and other stakeholders in developing member countries (DMC) of the Asian Development Bank (ADB) to recognize, adopt, and transform digital technologies to facilitate agricultural and rural transformation via ADB knowledge sharing and developing country cooperation platforms such as the ADB-PRC Regional Knowledge Sharing Initiative.

The TA will be implemented under ADB's country partnership strategy, 20212025 for the PRC;_and aligned with key operational priorities of Strategy 2030, especially in the area of promoting digital development and innovative technologies._The TA will also promote private sector solutions for climate change mitigation and adaptation, including climate-smart agriculture, and tackling inequality of income and opportunity through policy actions to reduce interregional and ruralurban environmental, social, and economic disparities.

 

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

Contact Information
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ADB Project Officer
Le, Lan N.
East Asia Department

Project contacts not available at the time of disclosure.

 

ACCESS TO INFORMATION

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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