Regional: Promotion of Direct Investment in Priority Climate Technology Projects

Sovereign Project | 45134-003 Status: Closed

Summary

The will facilitate project finance for climate technology transfer in priority sectors, by supporting the use of clean energy and climate resilient technologies in ADB pipeline investment projects. The subproject will offer specialist technical support for activities such as alternative technology analysis in identified priority technology areas, in particular for commercially available technologies that are new to a country or context but are used elsewhere. By providing specialist technology knowledge services tailored to the specific needs of the investment activity, the subproject will contend with investor uncertainty and the lack of familiarity of new technologies. The provision of this technical assistance at the project identification and design stage will address the barriers of lack of information and inadequate human and institutional capacity, thereby reducing the uncertainty and transaction costs associated with the introduction of new technologies.

Latest Project Documents

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Project Name Promotion of Direct Investment in Priority Climate Technology Projects
Project Number 45134-003
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8132-REG: Promotion of Direct Investment in Priority Climate Technology Projects
Global Environment Facility US$ 1.00 million
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Governance and capacity development
Private sector development
Sector / Subsector

Agriculture, natural resources and rural development - Irrigation - Rural water supply services

Energy - Energy sector development and institutional reform

Finance - Infrastructure finance and investment funds

Transport - Transport policies and institutional development

Gender Equity and Mainstreaming
Description The will facilitate project finance for climate technology transfer in priority sectors, by supporting the use of clean energy and climate resilient technologies in ADB pipeline investment projects. The subproject will offer specialist technical support for activities such as alternative technology analysis in identified priority technology areas, in particular for commercially available technologies that are new to a country or context but are used elsewhere. By providing specialist technology knowledge services tailored to the specific needs of the investment activity, the subproject will contend with investor uncertainty and the lack of familiarity of new technologies. The provision of this technical assistance at the project identification and design stage will address the barriers of lack of information and inadequate human and institutional capacity, thereby reducing the uncertainty and transaction costs associated with the introduction of new technologies. In addition, the subproject will provide seed money for the procurement of low-cost adaptation technologies.
Project Rationale and Linkage to Country/Regional Strategy Projects using new climate technologies face greater technology risks and higher levels of investor uncertainty than incumbent technologies, as well as the resulting higher financing costs.
Impact Increased diffusion of low-carbon and climate resilient technologies in DMCs

Project Outcome

Description of Outcome Increased investment in climate technologies that are commercially available but are new to the country or the sector, in priority sectors.
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Identification and prioritization of projects for technical assistance

Identification of priority sectors and key alternative technologies

Technology information packages for key technologies in priority sectors.

Technical support at project identification and pipeline entry stage, including alternative technology analysis and presentation of alternative technology options for selected projects

Technical support during project design stage, including cost-benefit analysis and pre-feasibility for selected projects

Support for capacity building

Procurement and demonstration of low-cost adaptation technologies.

Enhance knowledge sharing

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location

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

Climate technology experts (international/individual; 90 person-months)

Climate technology experts (national/individual; 60 person-months)

Responsible Staff

Responsible ADB Officer Aiming Zhou
Responsible ADB Department Sustainable Development and Climate Change Department
Responsible ADB Division SDAS
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

Timetable

Concept Clearance -
Fact Finding -
MRM -
Approval 03 Aug 2012
Last Review Mission -
Last PDS Update 04 Aug 2011

TA 8132-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
03 Aug 2012 - 03 Aug 2012 31 Aug 2015 30 Sep 2015 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
0.00 1,000,000.00 0.00 0.00 0.00 0.00 1,000,000.00 03 Aug 2012 483,260.95

None currently available.

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

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