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According to the Bank’s website, the proposed GEO: Clean, Local, Equitable Access to Reliable Water Program (RBL) will contribute to a portion of the Georgia Vision 2030 and Georgia: Water Supply and Sanitation Sector Development Framework, 2021-2030 to support the government's goal of improving access to reliable, resilient, sustainable and inclusive access to safe water supply services in rural areas of Georgia, through the provision of infrastructure and institutional strengthening.
The government requested ADB to help the rural water supply service delivery through a results-based lending (RBL) program, a lending modality which would be used for the first time in Georgia and in the urban and water development sector. The proposed program will have two components: (i) water related infrastructure expansion/rehabilitation in selected rural areas, i.e., extend piped water supply networks, repair or upgrade outdated water systems to ensure continuous and reliable supply of safe drinking water, improve water quality, and reduce service interruptions, implement climate-resilient infrastructure improvements such as use of technology that can withstand disasters and changing climate conditions, and (ii) institutional strengthening, including enhancing the capacity of the executing agency (MRDI) and implementing agency (UWSCG) in planning sustainable investments and administering rural water supply projects; ensuring technical training on smart water supply technologies, operation, and maintenance, particularly in rural areas; and establishing clear institutional responsibilities and improving transparency in resource allocation and project execution to increase the accountability of service providers. The program will promote gender equality to enhance social outcomes and sustainable development by enabling women's participation in decision-making, fostering a gender-sensitive work environment, and tracking gender impacts on time savings.
Environment: B
Involuntary Resettlement: B
Indigenous Peoples: C
The government has requested a regular loan of €200 million from ADB’s ordinary capital resources to help finance the program. The loan will have a 26-year term, including a grace period of 11.5 years; an interest rate determined in accordance with ADB’s Flexible Loan Product; a commitment charge of 0.15% per year; and such other terms and conditions set forth in the draft loan agreement. Based on the straight-line method, the average maturity is 19 years, and the maturity premium payable to ADB is 0.30% per year.
The RBL program expenditures are estimated to be €400 million (about $466 million equivalent) from 2025 to 2030.
ADB Financing (Regular ordinary capital resources loan): US$ 233.20 million
Counterpart (Government): US$ 233.20 million
Total Cost: US$ 466.40 million
For the Borrower:
Ministry of Finance
16 V. Gorgasali Street, 0114
Tbilisi, Georgia
Electronic Mail: publicdebt@mof.ge
For ADB:
Asian Development Bank
6 ADB Avenue
Mandaluyong City
1550 Metro Manila
Philippines
Facsimile Numbers: (632) 8636-2444
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.