Climate-Friendly Agribusiness Value Chains Sector Project (ADB-48409-001)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • Cambodia
  • Laos
  • Myanmar
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
Active
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
May 12, 2015
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
National governments
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
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)
$ 2.50 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)
$ 2.50 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
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 9, 2020

Disclosed by Bank Mar 30, 2017

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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 project documentation, “The Climate-friendly Agribusiness Value Chains Sector Project (the project) will invest in pro-poor and inclusive agricultural value chains in three countries of the Greater Mekong Sub-Region (GMS) Kingdom of Cambodia (Cambodia), the Lao People's Democratic Republic (Lao PDR) and the Republic of the Union of Myanmar (Myanmar).

The project will enhance rural household incomes and agricultural competitiveness by (i) providing improved critical production and post-harvest infrastructure, (ii) reducing energy costs by promoting bio-energy use and sustainable biomass management, and (iii) offering targeted agribusiness support services for selected value chains. There are 4 project outcomes as:

Output 1: Improved and climate resilient critical agribusiness value chain infrastructure will include rehabilitating and modernizing critical infrastructure (e.g. farm roads, water storage, and small-scale irrigation systems, drying, storage, milling and packaging facilities).

Output 2: Expanded bio-energy use and sustainable biomass management will include installation of agricultural waste to energy infrastructures (hard and soft) such as bio-digesters, bio-fertilizer facilities, and improved cookstoves for effective biomass management. These activities will increase value chain price competitiveness by lowering production costs.

Output 3: Strengthened agribusiness policy and capacity support services will include enabling agribusiness policy/regulatory development focusing on selected value chains, provision of information on climate-friendly agriculture and resource-efficient practices, harmonization of standards, and capacity building for productivity and quality improvement and reduction of post-harvest losses, marketing, potential public-private partnerships, and financing options.

Output 4: Effective project implementation and knowledge management will include consultant's support and institutional strengthening for subproject feasibility preparation, procurement, financial management, and safeguards, as well as diffusion of knowledge and technologies for agribusiness value chains”.

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

Asian Clean Energy Fund under the Clean Energy Financing Partnership Facility                                        US$ 1.50 million

Canadian Climate Fund for the Private Sector in Asia under the Clean Energy Financing Partnership Facility US$ 1.00 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.

Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

*There is no project information being released at this stage of the project*

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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