Support for Innovation and Technology Partnerships in Asia and the Pacific - High-Level Technology Application to Address Development Challenges (Subproject 3) (ADB-52307-004)

Countries
  • Cambodia
  • Mongolia
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
Apr 15, 2020
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
Regional
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Fund
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
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Apr 21, 2021

Disclosed by Bank Apr 27, 2020

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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's website, "The knowledge and support technical assistance (TA) cluster _Support for Innovation and Technology Partnerships in Asia and the Pacific_ was approved on 7 December 2018. The TA cluster will support developing member countries (DMCs) of the Asian Development Bank (ADB) in effectively identifying high-level technology (HLT) solutions for development projects by using a competitive technology innovation challenge approach. It will enable early collaborations with technology providers from the public and private sectors, academia, and research institutes, while building capacity in DMCs to develop sustainable projects and programs with HLT applications. The TA cluster aims to support DMCs' objective to introduce HLT in projects, drive sector and thematic technology innovations, and provide guidance on how to proceed to project preparation and due diligence. It will also support knowledge sharing related to development-oriented technology innovations and early adoption in Asia and the Pacific.

Three subprojects have been defined under the TA cluster: (i) Capturing and Sharing Technology Innovation Knowledge (Subproject 1); (ii) Energy Sector High-Level Technology Application (Subproject 2); and (iii) High-Level Technology Application to Address Development Challenges (Subproject 3)."

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 Roth, Susann
Responsible ADB Department Sustainable Development and Climate Change Department
Responsible ADB Division SDCC-KC
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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