China, People's Republic of: Supporting Climate Resilience and Ecological Sustainability Projects (ADB-56194-001)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Specific Location
Hainan, Qixia (Shandong), South Dongting Lake (Hunan), and others
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
Dec 7, 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.
Borrower
Government of the People's Republic of China
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
  • Finance
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 2.00 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
Government Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Feb 13, 2023

Disclosed by Bank Dec 8, 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, the transaction technical assistance (TA) facility will provide comprehensive project preparation and implementation startup support, including project due diligence, capacity development, policy advice, and other relevant assistance to a series of ensuing projects under the Asian Development Bank 2024-2025 People's Republic of China (PRC) project pipeline that addresses environmental and climate change challenges. The project proposals comprise (i) Hainan Disaster Risk Financing and Resilience Project, (ii) Industrial Park Decarbonization Project, (iii) Shandong Qixia Ecological Conservation Demonstration Project, and (iv) South Dongting Lake Wetland Ecological Restoration and Sustainable Development Project. The four project proposals are aligned with the ADB's PRC Country Partnership Strategy 2021-2025 to address environmentally sustainable development and climate change adaptation and mitigation. They contribute to the PRC's aspiration and commitments under the PRC's 14th Five-Year Plan (2021-2025) to achieve a higher quality growth.

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:

Anqian Huang - Senior Financial Sector Specialist

No contacts available at the time of disclosure.

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