Supporting the Climate-Resilient Inclusive Development Program (ADB-56253-003)

Regions
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Bangladesh
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
Dec 14, 2023
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 Bangladesh
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
  • Energy
  • Infrastructure
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.50 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.
Grant Amount (USD)
$ 1.50 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.
Project Cost (USD)
$ 1.50 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
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 17, 2024

Disclosed by Bank Dec 15, 2023

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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.

As stated by the ADB, The Government of Bangladesh requested technical assistance (TA) to support implementing subprogram 2’s policy actions and the post-program partnership framework of the Climate-Resilient Inclusive Development Program by providing policy advice, knowledge, and capacity-building support. The TA will operationalize the Bangladesh Climate and Development Partnership (BCDP), especially in setting up the BCDP secretariat under the leadership of the government and in establishing working groups related to policy and project development, implementation, and coordination with development partners, the private sector, and other stakeholders. The TA will also help the BCDP mobilize concessional climate finance, particularly from global climate funds, and blend it with other sources of development finance. Based on the initial capacity assessment, the TA will also support key ministries and local government agencies in (i) increasing awareness of the National Adaptation Plan (NAP) and nationally determined contributions (NDC) update;2 (ii) developing or expanding climate databases, such as the Disaster and Climate Risk Information Platform, and strengthening the capacity of relevant ministries to use climate data and analytics in policy and project planning and implementation; (iii) developing a pipeline of priority climate-related projects, in line with NAP and NDC update priorities; (iv) developing technical, fiduciary, and procurement capacity to implement large-scale climate projects; (v) accessing global climate funds by obtaining accreditation and improving the transparency of climate budgeting and expenditure; and (vi) establishing a centralized monitoring and evaluation (M&E) system to track progress in achieving climate outcomes. The TA will also
support the preparation of poverty and social impact analysis for subprogram 2.

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.

ADB Team Leader:

Aminur Rahman - Principal Public Management Economist

No contacts provided at the time of disclosure.

Executing Agency - Ministry of Finance:

Website: https://mof.gov.bd/

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