Green, Resilient, and Inclusive Development Program (Subprogram 1) (ADB-57337-001)

Regions
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Nepal
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
B
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 13, 2024
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 Nepal
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
  • Energy
  • Law and Government
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)
$ 100.00 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.
Loan Amount (USD)
$ 100.00 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)
$ 100.00 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 Dec 28, 2024

Disclosed by Bank Jun 13, 2024

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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, GRID is a novel homegrown approach to development that holistically addresses the set of overlapping and reinforcing crises, including climate-induced hazards, to ensure development activities are more greener, more resilient, and more inclusive.
The GRID approach enables Nepal to meet its commitments on climate adaptation, resilience, and disaster risk management, as set out in its nationally determined contribution and national adaptation plan. The government, ADB and 15 other development partners have jointly adopted the GRID approach.

The proposed PBL will support the government in operationalizing the GRID approach by unlocking policy, regulatory, and institutional bottlenecks to promote sustainable investment opportunities across sectors.

More specifically, it focuses on the following GRID transitions: (i) managing landscapes to optimize benefits from the water-agriculture-forest nexus; (ii) DRM; (iii) resilient roads and
sustainable transport; (iv) unleashing renewable energy potentials; (v) resilient water supply and sanitation; and (vi) sustainable solid waste management. It also focuses on the following cross-cutting themes supporting the transitions: (i) environmental governance; (ii) social inclusion; (iii) private sector development; and (iv) accelerating digital development.

The Ministry of Finance leads the coordination of GRID approach amongst the three tiers of government, line ministries, and development partners. The National  Planning Commission and the Ministry of Forest and Environment play a critical role in mainstreaming the GRID approach in national, subnational, and sectoral program and project  level activities. For all 10 GRID sectoral or thematic transitions, there are specific technical working groups composed of line ministries and development partners.

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 ADB categorized the project risks as follows:

Environment - B
Involuntary Resettlement - C
Indigenous Peoples - C

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 Leaders:

Chandan Sapkota - Country Economist; Bangladesh Resident Mission, South Asia Department (SARD)
Sumit Pokhrel - Environment Specialist; Agriculture, Food, Nature, and Rural Development; Sector Office (SG-AFNR), Sectors Group (SG)

No contacts provided 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