Early Warning System

Countries

Bangladesh
Indonesia
Maldives
Sri Lanka
Vanuatu

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

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

May 6, 2025

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)

$ 0.50 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)

$ 0.50 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

Development of New Technologies for Data Exchange and Improved Economic Measurement: Technical Assis

Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 7, 2025

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 strengthen the national statistics offices (NSOs) by focusing on two key areas: (i) promoting standardization among data providers through the Statistical Data and Metadata eXchange (SDMX), and (ii) enhancing data quality through seasonal adjustment techniques that eliminate seasonal effects and reveal underlying trends. These efforts will result in more reliable data for an informed policy and decision making.

Ensuring widespread data dissemination and user access to economic and social indicators through the adoption of SDMX can significantly improve the accessibility of statistical data for informed decision making. By streamlining data sharing, DMCs can improve the overall efficiency of data management and facilitate easier access to key economic data, making data more usable for stakeholders. Further, by leveraging on the use of SDMX, NSOs can adopt application programming interfaces (APIs) which are rules and protocols that allow different software applications to communicate and interact with each other. An SDMX REST (representational state transfer) APIs allows various data users like statisticians, developers, and analysts to access the data via machine-to-machine without manual intervention. Also, the Key Indicators Database (kidb.adb.org) utilizes a REST API that adheres to the SDMX standard, supporting data formats like XML (extensible markup language), CSV (comma-separated values), and JSON (JavaScript object notation). Thus, SDMX supports more efficient data exchange and automated user access to official statistics.

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, the Risk Categories are:

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.

Asian Development Bank (ADB)

The TA financing amount is $500,000, which will be financed on a grant basis by ADB’s Technical Assistance Special Fund ($150,000 under TASF 8 and $350,000 under TASF–other sources).

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: Stefan Schipper
Designation: Principal Statistician- Asian Development Bank
Email: sschipper@adb.org