Developing Innovative Financial Instruments to Address Climate Risks for Agriculture and Natural Capital in Asia. (ADB-59199-001)

Regions
  • East Asia and Pacific
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Cambodia
  • Nepal
  • Pakistan
  • Sri Lanka
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
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
Oct 1, 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.
Sectors
  • Agriculture and Forestry
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)
$ 3.00 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.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Feb 9, 2026

Disclosed by Bank Oct 15, 2025

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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.

The technical assistance (TA) will improve the adoption of innovative financial risk management products (FRMPs) to enhance climate resilience in agriculture and food systems, and natural capital. The TA will focus on Cambodia, Nepal, Pakistan, Sri Lanka, and Viet Nam. The TA will (i) conduct comprehensive assessments to understand root causes and constraints, and the strengths and weaknesses of FRMPs that have already been piloted; (ii) explore the feasibility of developing and deploying new FRMPs; (iii) develop solutions, including improved designs of the existing piloted products, their distribution channels, and financial sustainability options, to promote scalability and sustainability; and (iv) share knowledge and build capacity of stakeholders on FRMPs to support innovative climate finance solutions. Among FRMPs, the TA will prioritize in-depth work on weather index insurance (WII) that has been piloted in three countries (Cambodia, Pakistan and Viet Nam) while support for other FRMPs will be limited to preliminary feasibility assessments across all five countries.

The TA is aligned with (i) the Strategy 2030 Midterm Review of the Asian Development Bank (ADB); (ii) the strategic focus area of ADB's Corporate Results Framework, 20252030 on climate action; and (iii) the Corporate Results Framework's development results indicator 7 (by increasing the number of people with strengthened climate and disaster resilience) and indicator 8 (by increasing the number of people with food and nutrition security).

 

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.

Responsible ADB Officer: Le, Lan N.

Responsible ADB Department: Sectors Department 2

Responsible ADB Division: Agriculture, Food, Nature, and Rural Development Sector Office (SD2-AFNR)

Executing Agencies: Asian Development Bank

 

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