Regional: Capturing Economic Benefits from Ecosystem Services

Sovereign Project | 41246-012

Summary

The overall objective of the proposed activity is to identify opportunities for the wider application of ecosystem service markets in the context of support for ADB projects at the national, subregional and regional levels.

Latest Project Documents


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Project Name Capturing Economic Benefits from Ecosystem Services
Project Number 41246-012
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 7302-REG: Capturing Economic Benefits from Ecosystem Services
Japan Special Fund US$ 600,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change
Sector / Subsector

Agriculture, natural resources and rural development - Forestry - Land-based natural resources management - Water-based natural resources management

Gender Equity and Mainstreaming
Description The overall objective of the proposed activity is to identify opportunities for the wider application of ecosystem service markets in the context of support for ADB projects at the national, subregional and regional levels.
Project Rationale and Linkage to Country/Regional Strategy
Impact Expansion of markets for ecosystem services in Asia and the Pacific to reduce poverty and improve environmental sustainability
Project Outcome
Description of Outcome 1. Awareness level raised among key stakeholders about the potential benefits from expanded ecosystem services markets in responding to local and global environmental and development goals 2. Various market transactions supporting ecosystem services demonstrated for learning and subsequent replication, especially those that capture financial transfers through the carbon market 3. Levers identified for incorporating appreciation for and application of markets for ecosystem services into development investments of ADB and its partners
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

1. Lessons from existing mechanisms compiled, analyzed, and disseminated

Lessons from existing mechanisms compiled, analyzed, and disseminated

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Interregional
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services The project will recruit individual consultants, both international (15 person months) and domestic (24 person months).
Responsible ADB Officer Michael Rattinger
Responsible ADB Department SDCC
Responsible ADB Division SDCD
Executing Agencies
Asian Development BankDavid McCauleydmccauley@adb.org6 ADB Avenue, Mandaluyong
Metro Manila, Philippines
P.O. Box 789, 1099 Manila,
Philippines
Timetable
Concept Clearance 27 Jul 2006
Fact Finding 24 May 2008 to 27 May 2008
MRM -
Approval 26 Jun 2009
Last Review Mission -
PDS Creation Date 23 Oct 2008
Last PDS Update 16 Apr 2010

TA 7302-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
26 Jun 2009 - 26 Jun 2009 31 Dec 2010 31 Mar 2014 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
600,000.00 0.00 0.00 0.00 0.00 0.00 600,000.00 26 Jun 2009 529,452.74

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

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