The program will enhance the ongoing efforts of the Xiangtan Municipal Government to transform Xiangtan from a carbon-intensive, heavily polluting city to a low-carbon, resilient, smart, and livable city, while pursuing continuous growth. The project loan will demonstrate infrastructure transformation through the integration of transport, building, energy, and climate-resilience solutions, complemented by information and knowledge systems. The policy-based loan will reinforce the project through reforms and promote low-carbon behavior changes by creating an enabling environment with appropriate incentives. The program is the first sector development program in the People’s Republic of China with integrated and multisector solutions.
The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.
This document dated September 2020 is provided for the ADB project 52230-001 in the People's Republic of China.