Accelerating Climate Action, Innovation, and Private Sector Development through Sector Operations (ADB-58295-001)

Countries
  • Armenia
  • Azerbaijan
  • Bangladesh
  • Bhutan
  • Cambodia
  • China
  • Cook Islands
  • Fiji
  • Georgia
  • India
  • Indonesia
  • Kazakhstan
  • Kiribati
  • Kyrgyzstan
  • Laos
  • Malaysia
  • Maldives
  • Marshall Islands
  • Micronesia
  • Mongolia
  • Nauru
  • Nepal
  • Niue
  • Pakistan
  • Palau
  • Papua New Guinea
  • Philippines
  • Samoa
  • Solomon Islands
  • Sri Lanka
  • Tajikistan
  • Thailand
  • Timor-Leste
  • Tonga
  • Turkmenistan
  • Tuvalu
  • Uzbekistan
  • Vanuatu
  • 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
Nov 27, 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
Regional - Asian Development Bank
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • 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)
$ 14.80 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)
$ 14.80 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
Media Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Mar 25, 2025

Disclosed by Bank Aug 23, 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, the technical assistance (TA) aims to advance climate action, innovation, and private sector development (PSD) in Asian Development Bank's (ADB) operations by creating and promoting knowledge on transformative ideas, leading to a sustainable, impactful, and innovative project pipeline. The TA will generate exploratory knowledge to foster high-quality, demand-driven projects that are closely aligned with the needs of ADB developing member countries (DMCs). It will support upstream activities related to climate change, PSD, and high-level technologies, including digital initiatives. Additionally, it will focus on research, development, and awareness-building in DMCs, along with capacity building. The TA will help strengthen the enabling environments, such as that for quality infrastructure investment principles and sustainable procurement, to accelerate the adoption of innovation in sector operations.

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.

According to the Technical Assistance Report:

Environment: Not Applicable
Involuntary Resettlement: Not Applicable
Indigenous Peoples: Not Applicable

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

The TA financing amount is $14,800,000, which will be financed on a grant basis by ADB’s Technical Assistance Special Fund ($3,701,250 from TASF 7 and $11,098,750 from TASF-other sources). Additional financing resources may be identified from development partners for cofinancing and mobilized to support and increase TA activities under all the outputs.


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.

Project Officer: Navin Twarakavi
Designation: Senior Sector Planning Specialist - Asian Development Bank
Email: ntwarakavi@adb.org

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