Supporting the Implementation of ADB's Climate Change Operational Framework 2017-2030 (ADB-52004-001)

Regions
  • East Asia and Pacific
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
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
Dec 7, 2018
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
  • Energy
  • Finance
  • Transport
  • Water and Sanitation
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)
$ 4.55 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 Apr 1, 2019

Disclosed by Bank Sep 26, 2018

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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 bank website, the proposed cluster TA will support the implementation of key activities identified for implementation during Phase 1, including (i) assisting DMCs in refining and translating NDCs to climate investment plans, which may be implemented with ADB assistance, (ii) facilitating improved access of selected DMCs to external public and private climate finance, including support for innovative financing mechanisms, and (iii) developing methods and approaches in establishing baselines and monitoring tools for indicators to measure and gauge DMC progress on climate actions and ADB's contribution to their action. The cluster TA supports the priorities articulated in the MTR of Strategy 2020 and the draft Strategy 2030, the Review of 2011 Financial Sector Operational Plan, and internal ADB directives to promote the use of high-level technology in projects.

Three separate but closely interrelated subprojects will be processed under the cluster TA, with each subproject supporting the delivery of each of the outputs.

KSTA SP 1: Supporting the Ambitious Climate Action through the implementation of DMCs' NDCs

KSTA SP 2: Enhancing financial mechanisms to develop climate actions of DMCs

KSTA SP 3: Establishing mechanisms to measure, monitor, and report on commitments made under the Paris Agreement

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 Rattinger, Michael
Responsible ADB Department SDTC
Responsible ADB Division SDCD
Executing Agencies
Asian Development Bank
6 ADB Avenue, Mandaluyong City 1550, Philippines 

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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How it works