Supporting Baku Green Corridor Analysis (ADB-58414-001)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Azerbaijan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Baku
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
Nov 28, 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 Azerbaijan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
  • Technical Cooperation
  • Transport
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)
$ 0.17 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)
$ 0.17 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 Dec 12, 2024

Disclosed by Bank Nov 28, 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.

According to the ADB, based on a formal request from the Azerbaijan Ministry of Digital Development and Transport (MODDT), the TA will analyze the Azadliq Avenue E119 corridor in Baku for potential development as a mass transit corridor. This pre-feasibility evaluation will determine whether the 14.7-kilometer corridor has the potential to be a public transport value addition to the city.

The TA will support consulting services to evaluate:
(i) Physical characteristics of the corridor roadways (e.g., right-of-way width, cross-sectional functions, traffic signaling systems, etc.);
(ii) Operational characteristics of corridor (e.g., passenger and vehicle volumes, pedestrian and bicycle movements, etc.);
(iii) Technology options for the corridor (e.g., light rail transit or bus rapid transit, battery-electric buses, space for cycle lanes and pedestrian facilities, etc.);
(iv) Financial analysis of capital requirements and operational profitability; and,
(v) Preliminary institutional arrangements.

For the bus rapid transit (BRT) option, battery-electric bus technology will also be included in the analysis. This pre-feasibility knowledge work is expected to inform the development of a TA to develop a full feasibility study for an ensuing investment project (i.e., Baku EcoMobility Project). Azerbaijan is hosting the 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) in November 2024; given the timing of the COP, the Ministry of Transport would like to showcase projects with potential for significant greenhouse gas reductions.

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:

Lloyd F. Wright - Senior Urban Development Specialist (Transport), Transport Sector Office (SG-TRA)

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.

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How it works