Seismic Safety Improvement Program 3 (ADB-58358-001)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Armenia
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
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."
Borrower
Government of Armenia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Education and Health
  • Infrastructure
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)
$ 293.00 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)
$ 293.00 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.
Primary Source

Original disclosure @ ADB website

Updated in EWS Feb 19, 2026

Disclosed by Bank Oct 22, 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, the Republic of Armenia is located at the intersection of major tectonic faults, making it highly prone to seismic activity. The devastation of the 1988 Spitak earthquake claimed about 25,000 lives, including 6,000 school children; left 517,000 people homeless, destroyed 190 schools and many urban infrastructures; and incurred direct economic losses of $15 billion-$20 billion. The recent 7.8-magnitude earthquake in neighboring Turkiye and Syria in 2023 is a wake-up call for Armenia, posing a significant threat to the country.

Since 2015, ADB has partnered with the government of Armenia to enhance the seismic resilience of its schools through the School Strengthening and Renovation Program (SSRP). To date, ADB has processed two loans (SSIP and SSIP-Additional Financing), both of which have significantly contributed to government efforts. Based on this successful partnership and good program implementation track record, the government is in discussion with ADB for a new loan, SSIP-3, as a continuation of the first two SSIP loans. A Japan Fund for Prosperous and Resilient Asia (JFPR) grant funded project, Seismic Safety Enhancement Project, which aims to further improve Armenia's resilience to disasters by sharing international best practices, is being processed with approval scheduled in Q3 2024. Over the years, at least 16 ADB board members, as well as the ADB President, have visited SSIP schools and supported ADB's leadership and ongoing partnerships to strengthen Armenia's safety and disaster resilience.

Most public buildings, particularly schools from the Soviet Union, were poorly designed to withstand earthquake with substandard construction and maintenance increasing vulnerability. Armenia has about 1,400 public schools, of which about 1,000 need retrofitting or reconstruction; including over 430 at high risk of collapse even in a moderate earthquake. Demographic decline over 30 years, has left half of the school buildings empty, resulting in inefficient public education spending. Armenia also faces significant urban challenges, include a very limited waste recycling, high air pollution levels, and insufficient green spaces. Racing against time, the next major earthquake could strike Armenia at any moment, and over 1,000 schools and other critical infrastructures remain vulnerable against earthquake. Quick, efficient, and timely program processing are critical. In 2021, new state educational standards were approved. However, climate education and disaster awareness remain a challenge, as many teachers lack the knowledge, and skills needed to enhance youth's sensitivity to climate and disaster awareness.

PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY

The government has been implementing the original SSIP for close to 10 years since 2015. There is a great opportunity to update the program scope with new technologies, innovations, and good practices into the proposed SSIP-3. As schools play an important role in increasing education quality and improving urban challenges, and livability in Armenia, the SSIP-3 will introduce several new initiatives such as Recycling Stations and Environmental Education Hubs to promote waste separation and environmental awareness, Urban Agriculture and Edible Gardens to integrate sustainable food production into school environments, Smart Urban Furniture with solar-powered charging stations and air quality sensors, and a Waste-to-Build Initiative that repurposes construction debris into new building materials. These initiatives will transform schools into vibrant, sustainable centers that enhance both education and urban livability.

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 E&S risks as follows:

Environment - B
Involuntary Resettlement - B
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 Leader:

Hikaru Shoji
Email: hshoji@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