Project Name Bridging the Gap Between Climate Adaptation Planning and Financing
Project Number 57013-001
Country / Economy Regional
Armenia
Bangladesh
Lao People's Democratic Republic
Palau
Timor-Leste
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 10098-REG: Bridging the Gap Between Climate Adaptation Planning and Financing
Technical Assistance Special Fund US$ 4.00 million
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
Sector / Subsector

Public sector management / Public expenditure and fiscal management

Gender Effective gender mainstreaming
Description The knowledge and support technical assistance (TA) will enhance the capacity of selected developing member countries to identify climate adaptation investment priorities to catalyze financing for adaptation and resilience. The selected DMCs will be capacitated to translate the priorities in their national adaptation planning documents into adaptation investment plans. The TA will deliver three outputs: (i) climate adaptation investment plans developed; (ii) appraisal of climate adaptation projects improved; and (iii) regional knowledge on climate adaptation investment planning strengthened.
Project Rationale and Linkage to Country/Regional Strategy The TA is aligned with Strategy 2030 operational priority 3 on tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability. It will also contribute to operational priority 2 on accelerating progress in gender equality and operational priority 6 on strengthening governance and institutional capacity. The TA is aligned with climate change-related priorities in national climate policies and plans, including the participating DMCs' nationally determined contributions, national adaptation plans (NAPs), and country partnership strategies or their equivalent.
Impact

Ability of DMCs to adapt to adverse climate change impacts increased

Financial flows for investment scaled up and aligned with climate resilient-development

Project Outcome
Description of Outcome

Capacity of selected DMCs to identify climate adaptation investment priorities enhanced

Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Climate adaptation investment plans developed

Appraisal of climate adaptation projects improved

Regional knowledge on climate adaptation investment planning strengthened

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Armenia - Nation-wide; Bangladesh - Nation-wide; Lao People's Democratic Republic - Nation-wide; Palau - Nation-wide; Timor-Leste - 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
Business Opportunities
Consulting Services ADB will engage consultants following the ADB Procurement Policy (2017, as amended from time to time) and its associated project administration instructions and/or staff instructions. Recognizing the unique features of DMCs, ADB will engage one firm to support Armenia, one firm to support the Lao PDR and Timor-Leste, and another firm to support Palau. Individual consultants will be engaged for Bangladesh. Climate investment planning is new and requires expertise that will be provided by additional individual consultants and resource persons.
Responsible ADB Officer Sinha Roy, Arghya
Responsible ADB Department Climate Change and Sustainable Development Department
Responsible ADB Division Climate Change, Resilience, and Environment Cluster (CCRE)
Executing Agencies
Asian Development Bank
Timetable
Concept Clearance 09 Feb 2023
Fact Finding -
MRM -
Approval 29 Mar 2023
Last Review Mission -
Last PDS Update 10 Feb 2023

TA 10098-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
29 Mar 2023 - 29 Mar 2023 30 Apr 2026 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
4,000,000.00 0.00 0.00 0.00 0.00 0.00 4,000,000.00 22 Apr 2024 131,703.92
 
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