| Project Name | Strengthening Carbon Financing for Regional Grassland Management in Northeast Asia | ||||||
| Project Number | 39369-012 | ||||||
| Country / Economy | Regional |
||||||
| Project Status | Closed | ||||||
| Project Type / Modality of Assistance | Technical Assistance |
||||||
| Source of Funding / Amount |
|
||||||
| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth Regional integration |
||||||
| Drivers of Change | Governance and capacity development Knowledge solutions |
||||||
| Sector / Subsector | Agriculture, natural resources and rural development / Agricultural policy, institutional and capacity development - Land-based natural resources management - Livestock |
||||||
| Gender | No gender elements | ||||||
| Description | The main objective of the project is to help reduce the damage and adverse public health consequences that DSS has imposed on millions of people, particularly, the poor in Northeast Asia. The scope of the TA includes: to develop regional cooperation and coordination mechanism to coordinate the design and operation of the regional network, to provide training for network technicians and operators in PRC and Mongolia, and to provide support for technical upgrading at the designated network stations in PRC and Mongolia. | ||||||
| Project Rationale and Linkage to Country/Regional Strategy | Promoting regional cooperation is one strategic thrust of ADB Country Strategy and Program for both PRC and Mongolia, as well as the Regional Strategy and Program for Central Asia Republics, PRC and Mongolia. | ||||||
| Impact | Reduced occurrence of dust and sandstorms in Northeast Asia | ||||||
| Project Outcome | |
|---|---|
| Description of Outcome | Strengthened capacity of the governments of the PRC and Mongolia to support communities in accessing carbon financing |
| Progress Toward Outcome | The TA has produced three sets of knowledge products (KPs): (KP1) an edited set of reports regarding sustainable grassland management in Mongolia, adaptation, payments for environmental services, and Nationally Appropriate Mitigation Actions (NAMA); (KP2) an edited set of reports regarding specific aspects of carbon finance in PRC, including incentives, mitigation, and carbon markets; and (KP3) a policy brief for Mongolia (and the PRC. Seven KPs have been published in English and translated into either Mongolian or Chinese as appropriate and are posted on the ADB website. |
| Implementation Progress | |
| Description of Project Outputs | 1. Review of financing mechanisms for sustainable grassland management 2. Field assessments on carbon sequestration potential and monitoring of grasslands 3. Heightened awareness of carbon financing opportunities for sustainable grassland management 4. Development of terrestrial carbon financing opportunities for Northeast Asia 5. Project management and support |
| Status of Implementation Progress (Outputs, Activities, and Issues) | All Technical Activities Completed in June 2013, including reviewing financing mechanisms, carbon sequestration potential assessment and grassland monitoring, increased carbon finance awareness, and identification and draft proposals for carbon financing projects developed. Final report was completed. All KPs were published between May to June 2014. |
| Geographical Location | Regional |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | The master plan has been carried out through participatory consultation with stakeholders in PRC, Republic of Korea, Japan and Mongolia. |
| During Project Implementation | Workshops were held with stakeholders in Mongolia and the PRC. |
| Business Opportunities | |
|---|---|
| Consulting Services | 1. A team of consultants for the activities in Mongolia has been recruited. Selected international and national individual consultants for the activiitiues in the PRC will still be engaged. |
| Responsible ADB Officer | Yeager, Carey P. |
| Responsible ADB Department | East Asia Department |
| Responsible ADB Division | Environment, Natural Resources & Agriculture Division, EARD |
| Executing Agencies |
Asian Development Bank 6 ADB Avenue, Mandaluyong City 1550, Philippines |
| Timetable | |
|---|---|
| Concept Clearance | 01 Oct 2009 |
| Fact Finding | 27 Jan 2010 to 05 Feb 2010 |
| MRM | - |
| Approval | 17 May 2010 |
| Last Review Mission | - |
| PDS Creation Date | 28 Feb 2006 |
| Last PDS Update | 23 Sep 2014 |
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 17 May 2010 | - | 17 May 2010 | 30 Jun 2012 | 30 Jun 2014 | 30 Sep 2014 |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 1,000,000.00 | 400,000.00 | 400,000.00 | 0.00 | 0.00 | 0.00 | 1,800,000.00 | 17 Jun 2022 | 1,083,972.84 |