Prefeasibility Analysis for Carbon Capture, Utilization and Storage (ADB-52041-003)

Regions
  • East Asia and Pacific
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
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 16, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 2.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Apr 1, 2019

Disclosed by Bank Dec 16, 2018


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Project Description

According to the bank website, "the knowledge and support technical assistance (TA) cluster will prepare energy system development scenarios and technology road maps and support the scale-up of innovative energy technologies in developing member countries (DMCs). The TA cluster is aligned with the energy policy of the Asian Development Bank (ADB). It will support ADB in implementing its Strategy 2030 and DMCs in meeting the Sustainable Development Goals (SDGs), including their nationally determined contributions (NDCs) as part of the Paris Agreement on climate change."

Investment Description
  • Asian Development Bank (ADB)

Carbon Capture and Storage Fund under the Clean Energy Financing Partnership Facility

Contact Information

Responsible ADB Officer Zhai, Yongping
Responsible ADB Department SDSC
Responsible ADB Division SDSC-ENE
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