Reducing Marine Debris Program, Subprogram 1 (ADB-57018-001)

Countries
  • Indonesia
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
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."
Borrower
Government of Indonesia - Ministry for Maritime Affairs and Investment
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
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)
$ 1,150.22 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.
Primary Source

Original disclosure @ ADB website

Updated in EWS May 12, 2024

Disclosed by Bank Apr 3, 2024


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, Indonesia is the world's largest archipelago and among the largest contributors of plastic marine debris globally, with 5,000 tonnes of plastic entering Indonesia's ecosystems every day. Plastic pollution damages marine ecosystems, undermines coastal tourism and fishing livelihoods, and introduces microplastics into the food system. More than 60% of plastic waste is either not collected or mishandled with the majority being burnt in the open, this loss of recyclable material to the circular economy, and resulting improper disposal, directly contributes to resulting increases in greenhouse gas emissions (GHGs), and air pollution, and hinders the adaption of ecosystems to climate change. To address this issue, the Government of Indonesia has committed to an ambitious target of handling 70% of plastic marine debris by 2025 in a National Action Plan (NAP) for Handling Marine Debris. The Reducing Marine Debris Program is aligned with this action plan. A programmatic approach that combines policy-based loans, technical assistance (TA), and knowledge support was selected to support the government as it allows complex and ambitious reforms to be addressed comprehensively and enables ADB to support acceleration of the implementation of the NAP.

The program will contribute to the following operational priorities: (i) addressing remaining poverty and reducing inequalities by improving the delivery of public services; (ii) tackling climate change, building climate and disaster resilience and enhancing environmental sustainability by helping reduce carbon emissions; (iii) making cities more livable by improving access to basic services in urban areas. It will contribute to the pathway three of ADB's Country Partnership Strategy for Indonesia 2020-2024 on strengthening resilience.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The following will be assessed: (i) economic impact, (ii) climate change and Paris Agreement alignment, (iii) gender, (iv) safeguards, and (v) the private sector. Subprogram 1 is expected to be classified effective gender mainstreaming and category C for all safeguards. The social safeguard screening concluded that subprogram 1 will positively impact the environment and communities, including indigenous peoples, and categorized the program as C for the environment, involuntary resettlement, and indigenous peoples. 

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

Sources:

- Ordinary capital resources: US$ 500.00 million

- KfW Bankengruppe: US$ 433.48 million

- Agence Francaise de Developpement: US$ 216.74 million


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.

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