Project Data Sheet
Project 49450-035
Project Data Sheet
Project 49450-035
| 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 |
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| Project Status | Active | ||||||||||
| Project Type / Modality of Assistance | Technical Assistance |
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| Source of Funding / Amount |
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| 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 |
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| Sector / Subsector | Energy / Energy sector development and institutional reform - Energy utility services |
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| 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 |
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| 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 | |
| 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 |
| 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 | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 1,100,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,100,000.00 | 27 Nov 2023 | 562,640.73 |