fbpx 37909-029: Capacity Building for Enhanced Safeguards, Anti-Corruption and Integrity Measures, Gender Equity Policies and Digitization of Trade Finance Program Ba | Asian Development Bank

Regional: Capacity Building for Enhanced Safeguards, Anti-Corruption and Integrity Measures, Gender Equity Policies and Digitization of Trade Finance Program Ba

Nonsovereign (Private) Project | 37909-029 Status: Active

The Trade Finance Program (TFP) closes market gaps for trade finance by providing guarantees and loans to partner banks to support trade. Drawing the private sector into developing countries is important to closing gaps and TFP is the biggest mobilizer of private sector financing at ADB. In addition to doing transactions TFP provides a number of 'knowledge products' which contribute to closing financing gaps. More information can be found at www.adb.org/tfp.

 
Project Name Capacity Building for Enhanced Safeguards, Anti-Corruption and Integrity Measures, Gender Equity Policies and Digitization of Trade Finance Program Ba
Project Number 37909-029
Borrower/Company
Country Regional
Location Regional
Type or Modality of Assistance
9669 Technical Assistance USD 750,000 Proposed
9669 Technical Assistance USD 750,000 Proposed
9669 Technical Assistance USD 1.50 million Proposed
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Finance / Trade finance

Industry and trade / Industry and trade sector development

Gender Equity and Mainstreaming Some gender elements
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Private Sector Financial Institutions Division
Responsible ADB Officer Beck, Steven
Project Sponsor(s)
Objectives and Scope The Trade Finance Program (TFP) closes market gaps for trade finance by providing guarantees and loans to partner banks to support trade. Drawing the private sector into developing countries is important to closing gaps and TFP is the biggest mobilizer of private sector financing at ADB. In addition to doing transactions TFP provides a number of 'knowledge products' which contribute to closing financing gaps. More information can be found at www.adb.org/tfp.
Linkage to Country/Regional Strategy The importance of short-term finance to support global trade - known as trade finance - is explicitly recognised in the Addis Ababa Action Agenda on Financing for Development ( Addis Agenda ) as an important means of implementation of the Sustainable Development Goals (SDGs). Yet, ADB' s Trade Finance Gaps Growth and Jobs survey launched in September 2017 confirmed a global trade finance gap of $1.5 trillion, and determined that 40% of this gap is in Asia and the Pacific, with 74% of rejected trade finance transactions coming from SMEs. The program supports two pillars of ADB s operational focus cited in the Midterm Review of Strategy 2020: (i) poverty reduction and inclusive growth, and (ii) regional cooperation and integration.
Safeguard Categories
Environment
Involuntary Resettlement
Indigenous Peoples
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Business Opportunities
Consulting Services Environmental and Social Safeguards Experts (12 person-months); International Trade Finance Expert (6 person-months); National Information Technology Expert(s) (24 person-months); National Integrity anti-money laundering, know-your-client, and counter-terrorist financing consultant(s) (36 person-months); International Consultant for Regulatory Scorecard Initiative (4 person- months); International Gender HR Consultant (4 person- months); International Digital Standards in Trade Expert (24 person- months)
Timetable for assistance design, processing and implementation
Concept Clearance -
Credit Committee Meeting -
Approval -
Last PDS Update 29 Mar 2019

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

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The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.