Regional: Supporting the Pacific DMCs in Financing their Climate Change Response

Sovereign Project | 46435-001

Summary

The TA will carrout a stocktake and analysis of existing climate change financing in the Pacific Region, consolidate infomration on program implementation and new sources of financing for climate initiatives to support cross-country learning, and propose concrete, feasible recommendations to increase Pacific DMCs' access to climate change financing. it will consider ongoing initiatives of ADB's Regional and Sustainable Development Department (RSDD) as well as relevant Council of Regional Organizatinos of the Pacific (CROP) agencies and development partners on climate change financing studies, particularly the SPREP Climate Change Financing Study (2010) and the PIFS Study on Improving Access to and Management of Climate Change Resources (2011). The TA will have two main outputs: (i) stocktake and analysis of existing climate change financing in the Pacific Region conducted; and (ii) recommendations to improve the Pacific DMCs' access to the said climate change financing windows prepared.

Latest Project Documents


Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Project Name Supporting the Pacific DMCs in Financing their Climate Change Response
Project Number 46435-001
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8237-REG: Supporting the Pacific DMCs in Financing their Climate Change Response
Technical Assistance Special Fund US$ 200,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Sector / Subsector

Energy - Energy efficiency and conservation

Gender Equity and Mainstreaming No gender elements
Description The TA will carrout a stocktake and analysis of existing climate change financing in the Pacific Region, consolidate infomration on program implementation and new sources of financing for climate initiatives to support cross-country learning, and propose concrete, feasible recommendations to increase Pacific DMCs' access to climate change financing. it will consider ongoing initiatives of ADB's Regional and Sustainable Development Department (RSDD) as well as relevant Council of Regional Organizatinos of the Pacific (CROP) agencies and development partners on climate change financing studies, particularly the SPREP Climate Change Financing Study (2010) and the PIFS Study on Improving Access to and Management of Climate Change Resources (2011). The TA will have two main outputs: (i) stocktake and analysis of existing climate change financing in the Pacific Region conducted; and (ii) recommendations to improve the Pacific DMCs' access to the said climate change financing windows prepared. These two outputs will be consolidated in a technical report that will be submitted by ADB to the Working Committee of Pacific DMC Finance Ministers, for them to present to the Pacific Governors at the 46th ADB Annual Meeting in May 2013.
Project Rationale and Linkage to Country/Regional Strategy This small-scale regional capacity development technical assistance is a response to the request of the Pacific DMC Governors for ADB to support the Working committee of Pacific Finance Ministers, through the preparation of a technical report that will align the Pacificf DMCs; climate change financing needs with current financing schemes, including workable recommendations for improving the countries' acces to the said funding sources.
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
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 The TA will require 6-person months of international consulting services of a Climate Change and Project Formulation specialist/Team Leader (3-person months), an Institutional Development Specialist (2-person months), and a Communications Specialits/Workshop Facilitator (1-person month).
Responsible ADB Officer Maria Lourdes Drilon
Responsible ADB Department Pacific Department
Responsible ADB Division Transport, Energy and Natural Resources Division, PARD
Executing Agencies
Asian Development Bank6 ADB Avenue, Mandaluyong
Metro Manila, Philippines
P.O. Box 789, 1099 Manila,
Philippines
Timetable
Concept Clearance -
Fact Finding -
MRM -
Approval 05 Dec 2012
Last Review Mission -
Last PDS Update 17 Dec 2012

TA 8237-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
05 Dec 2012 - 05 Dec 2012 31 Aug 2013 30 Nov 2013 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
200,000.00 0.00 0.00 0.00 0.00 0.00 200,000.00 05 Dec 2012 123,024.71

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

No documents found.


The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.