Promoting Resilience and Opportunity for Inclusive Recovery Sector Development Program (ADB-59337-001)

Regions
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • 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
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."
Voting Date
Oct 20, 2026
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 Sri Lanka - Min. of Rural Dev't, Social Sec & Com. Empowerment
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
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)
$ 100.00 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.
Project Cost (USD)
$ 100.00 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 Apr 21, 2026

Disclosed by Bank Dec 10, 2025

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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 sector development program (SDP) aims to help Sri Lanka translate its fragile recovery into sustained improvements in household welfare by addressing long-standing constraints on social protection, especially on economic inclusion, labor markets, and social care. By supporting employment and economic opportunities for the poor and vulnerable, expanding access to quality elderly care services, and strengthening institutional capacity for inclusive and responsive social protection, the program will enable Sri Lanka to reduce poverty, build resilience to future shocks, and prepare for demographic and climate-related challenges. It will complement ongoing fiscal reforms by ensuring that recovery is both equitable and sustainable, and that no one is left behind.

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.

In accordance with ADB’s Safeguard Policy Statement (2009), the program is initially classified as category B on the basis that environmentally sensitive sites can be avoided when selecting locations for the investment component. For the PBL component, an assessment of the policy actions will take place during further processing of the program. Output 2 of the program involves the establishment and operation of at least three elderly care centers, which will have site-specific environmental impacts, such as dust emissions and increased noise levels during construction. Depending on the locations selected, cutting down of trees may be required. There will also be occupational and community health and safety risks associated with construction and operation, and the generation of solid and medical wastes to be considered.

Based on the preliminary assessment, the program is proposed to be classified as category C for involuntary resettlement safeguards. It will not entail land acquisition that would trigger involuntary resettlement impacts. Refurbishment of elderly care centers will be confined to existing facilities. If new care centers are built, they will be on government-owned vacant land.

Based on the preliminary assessment, the program is proposed to be categorized B for Indigenous Peoples impacts.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Loan: Promoting Resilience and Opportunity for Inclusive Recovery (Ordinary capital resources): US$ 50.00 million
Loan: Supporting Promoting Resilience and Opportunity (attached to PCN) (Ordinary capital resources): US$ 50.00 million


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.

No contacts available 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.

How it works

How it works