Research on Application of Solar Photovoltaics Integrated Ecological System Rehabilitation and Agriculture Synergy Development (ADB-58303-001)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Specific Location
Hunan
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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 4, 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 China
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Energy
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.80 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)
$ 0.80 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.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 6, 2025

Disclosed by Bank Dec 5, 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, this TA will support developing decarbonization technology in agriculture and energy synergy, which is 'PV Plus industry, in Hunan, China. By combining agriculture ecosystem with energy integration technology, an innovative technology solution will be developed to promote ecological cycle in agriculture, forestry, and fisheries industries. Methods for ecological protection and restoration will also be explored with PV-related renewable technologies. The macro goal is to change the existing energy structure and industry structure with lower carbon emission and more ecological sustainable.

This TA is aimed at supporting:

(1) Improving existing agriculture-energy synergy related policy systems. By analyzing existing photovoltaic projects and the current situation of ecological restoration in Hunan, this project aims to propose some constructive suggestions and solutions to address the misalignment between existing national policies and renewable energy industry. In this project, policies and regulations for site selection, project approval for the "PV plus" industry in Hunan Province will be researched and proposed.

(2) Research content of "PV Plus" Models. The project intends to establish "PV plus" project model by studying the synergy of photovoltaic technologies with agriculture, forestry, and fisheries. Quantitative analysis will be applied in project to analyze benefits and advantages.

(3) Formulating a technical standards system for 'PV Plus . The goal is to establish a technical standard system for developing "PV Plus" industry and develop a technical standard system for agriculture-photovoltaic and forestry-photovoltaic integrated industries. A "PV Plus" ecological protection and restoration system and its assessment and monitoring system will also be researched and proposed.

(4) Promoting Regional Coordination and Development. This project aims to build a series of demonstrative "PV plus" projects to achieve complementarity, development and integration of agriculture, forestry, fishery and PV industries. With these projects, it can improve natural environment and wasteland problems. Form macroeconomic prospective, it can improve local economy growth, support diversification of land restoration and maximize the ecological and economic benefits, which in return, promoting development of renewable energy industry, local industry, local livelihood.

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:

Qingyu Zhao - Energy Specialist (Energy Storage), SG-ENE

No contacts provided at the time of disclosure.

ACCESS TO INFORMATION

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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.

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