Supporting Innovative and Sustainable Financing (ADB-57226-001)

Countries
  • Cambodia
  • Indonesia
  • Philippines
  • Thailand
  • Timor-Leste
  • Vietnam
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 21, 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
Regional
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.00 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.
Project Cost (USD)
$ 1.00 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 11, 2024

Disclosed by Bank Dec 22, 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.

According to the Bank’s website, the technical assistance (TA) will support finance sector sovereign and the Asian Development Bank’s One ADB initiatives in project development, project and program processing and implementation, and related institutional and capacity development and knowledge work. It will assist Southeast Asian developing member countries (DMCs) in green and climate finance, including energy transition, municipal finance, infrastructure and housing finance, digital finance and financial inclusion, and finance sector reforms. As such, the TA will support sector diagnostics, policy dialogue and reforms, financial due diligence, and other relevant activities. In One ADB initiatives, the TA will enable innovative structures such as commercial guarantees and re-guarantee arrangements. The TA will support projects and programs prioritized in national development strategies and ADB’s development mandate. The activities will address constraints restricting the flow of commercial finance, such as absence of risk-based pricing and market failure in lower-income and informal sector housing and municipal finance. Likewise, TA activities will address suboptimal risk sharing in public–private partnership (PPP) projects, weak local government fiscal consolidation and capacity gaps.

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

The TA amount is $1,002,000, of which (i) $502,000 will be financed on a grant basis by ADB’s Technical Assistance Special Fund ($500,000 TASF 7; $2,000 TASF-other sources) and (ii) $500,000 will be provided on a grant basis by the Financial Sector Development Partnership Special Fund.


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