South Tarawa Water Supply Project (GCF-FP091)

Countries
  • Kiribati
Where the impacts of the investment may be experienced.
Financial Institutions
  • Green Climate Fund (GCF)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
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
Oct 1, 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.
Borrower
Asian Development Bank
The holder of the loan, grant, or other investment.
Sectors
  • 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, etc.
Investment Amount (USD)
$ 28.63 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 28.63 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 58.08 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ GCF website

Updated in EWS Feb 21, 2019


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to ADB document, the project will assist the Ministry of Public Works and Utilities (MPWU) to plan, design and prioritize investments to improve water supply services in South Tarawa; (ii) assess technical suitability, economic, financial and social viability, capacity and institutional issues, climate change resilience and address environmental and social safeguards of the project, and (iii) identify measures to strengthen project implementation capacity of implementing agencies. 

Investment Description
  • Green Climate Fund (GCF)

Co-financing:

Asian Development Bank Grant USD 15.0 m

World Bank Grant USD 13.0 m

Government of Kiribati Guarantee USD 1.5 m

Contact Information

Accredited Entity
Asian Development Bank (ADB)
Mr. Saad Paracha
Tel: +63-2-632-4474
Mr. Christian Ellermann
Tel: +63-2-632-4564
Email: adb-gcf@adb.org

NDA/FP in Kiribati

Ministry of Finance and Economic Development
Honourable Dr. Teuea Toatu
hmfed@mfep.gov.ki
Work: +686 21806 Fax: +686 21307

Mr Jonathan Mitchell
jmitchell@mfep.gov.ki

ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND

The Independent Redress Mechanism (IRM) is the independent complaint mechanism for a person or people who have been or believe they are likely to be adversely affected by a project or programme funded by the Green Climate Fund. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating a problem-solving dialogue or, if that is not possible, conducting an independent investigation into whether the GCF has complied with its environmental and social policies. The IRM is newly created and is still in the process of developing its procedures and website. More information about the IRM and how you can file a complaint is forthcoming. You can contact the IRM at irm@gcfund.org.