Regional : Advancing Just Energy Transition in Asia and the Pacific (ADB-57248-001)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • Cambodia
  • Indonesia
  • Philippines
  • Thailand
  • Vietnam
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
Approved
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 12, 2023
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
  • Energy
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.00 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
Government Documents
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 15, 2024

Contribute Information
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.

As stated by the ADB, the proposed regional technical assistance (TA) will assist ADB developing member countries (DMCs) in Asia and the Pacific (APAC) in advancing a just energy transition that supports energy sector decarbonization via a progressive transition from fossil- fuels to clean technologies in an inclusive, affordable, and reliable manner.

The TA will assist targeted DMCs with a holistic range of solutions, including (i) supporting Just Energy Transition Partnerships (JETPs) activities; (ii) undertaking country level energy transition assessments; (iii) conduct project level transaction and pre-feasibility studies financed by JETP and ADB Energy Transition Mechanism (ETM); and (iv) develop knowledge sharing and outreach programs.

The proposed TA will work in close coordination with ongoing ADB energy sector operations and other energy transition initiatives, such as the Climate Investment Funds Accelerating Coal Transition (CIF-ACT), among others. JETP has broad support from a range of development partners as a mechanism to address the challenges of the energy transition. Given ADB emerging lead role on JETP in multiple countries, it is envisaged that the proposed TA financing will be subsequently expanded through additional financing from ADB and external sources.

The TA will focus initially on Southeast Asian DMCs, particularly in Cambodia, Indonesia, the Philippines, and Viet Nam, whereas other Southeast Asian DMCs, may also be supported if demand arises. Other APAC regions will be supported once additional eligible funding resources become available in the future.

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.

ADB Team Leader:

Alfredo Baño Leal - Senior Energy Specialist

No contacts provided 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