Project Name
Development of the Pacific Energy Regulators Alliance
Project Number
49450-035
Country / Economy
  • Regional
  • Cook Islands
  • Fiji
  • Micronesia, Federated States of
  • Kiribati
  • Nauru
  • Niue
  • Palau
  • Papua New Guinea
  • Marshall Islands
  • Samoa
  • Solomon Islands
  • Tonga
  • Tuvalu
  • Vanuatu
Project Status
Active
Project Type / Modality of Assistance
  • Technical Assistance
Source of Funding / Amount
TA 6810-REG: Development of the Pacific Energy Regulators Alliance
Source Amount
Regional Cooperation and Integration Fund US$ 350,000.00
Technical Assistance Special Fund US$ 250,000.00
TA 6810-REG: Development of the Pacific Energy Regulators Alliance
Source Amount
Technical Assistance Special Fund US$ 500,000.00
TA: Development of the Pacific Energy Regulators Alliance
Source Amount
Technical Assistance Special Fund US$ 500,000.00
Operational Priorities
  • OP2: Accelerating progress in gender equality
  • OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
  • OP6: Strengthening governance and institutional capacity
  • OP7: Fostering regional cooperation and integration
Sector / Subsector
  • Energy / Energy sector development and institutional reform - Energy utility services

Gender
Some gender elements
Description
The knowledge and support technical assistance (TA) will support to operationalize the Office of Pacific Energy Regulators Alliance (OPERA) through capacity building and knowledge product to enable the Asian Development Bank (ADB) to strengthen innovation in Pacific energy reforms and meet the emerging requests for analytical support from DMCs. The TA will focus on development and adoption of regulation reforms to support new technologies to decarbonize energy and achieving Pacific NDCs targets. The TA will assist with the preparation of an innovative regulation framework embed the latest policy dialog on creating incentive mechanism for attracting private participation in energy sector in Pacific. The TA will raise awareness of the emerging regional issues and challenges and use of public private partnership (PPP) transparency framework to provide more efficient and transparently regulated sector.
Project Rationale and Linkage to Country/Regional Strategy
Impact

Sustainable, low-carbon and climate resilient Pacific created; and national and regional policy and regulatory frameworks and business-enabling environment improved

Project Outcome

Description of Outcome

Regional collaboration and regulation framework for development of Pacific energy sector strengthened

Progress Toward Outcome

Implementation Progress

Description of Project Outputs

Sustainability of Office of the Pacific Energy Regulators Alliance strengthened

Regional capacity building, knowledge sharing and policy dialogue organized

Analytical studies on priority regional development issues in utilities regulation and tariffs developed

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Cook Islands - Nation-wide; Fiji - Nation-wide; Kiribati - Nation-wide; Marshall Islands - Nation-wide; Micronesia, Federated States of - Nation-wide; Nauru - Nation-wide; Niue - Nation-wide; Palau - Nation-wide; Papua New Guinea - Nation-wide; Samoa - Nation-wide; Solomon Islands - Nation-wide; Tonga - Nation-wide; Tuvalu - Nation-wide; Vanuatu - Nation-wide

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation, and Consultation

During Project Design
During Project Implementation

Contact

Responsible ADB Officer
Abbasov, Rafayil
Responsible ADB Department
Sectors Group
Responsible ADB Division
Energy Sector Office (SG-ENE)
Executing Agencies
Asian Development Bank

Timetable

Concept Clearance
-
Fact Finding
-
MRM
-
Approval
25 Oct 2021
Last Review Mission
-
Last PDS Update
25 Oct 2021

Funding

TA 6810-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
25 Oct 2021 - 25 Oct 2021 31 Jan 2024 31 Jan 2026 -
Financing Plan/TA Utilization
ADB Cofinancing Counterpart Total
Gov Beneficiaries Project Sponsor Others
1,100,000.00 0.00 0.00 0.00 0.00 0.00 1,100,000.00
Cumulative Disbursements
Date Amount
04 Apr 2024 641,581.84
 
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Source URL: https://www.adb.org/projects/49450-035/main