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 |
|
||||
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 |
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 | 30 Jun 2023 | 0.00 |