The overall objective of the proposed activity is to identify opportunities for the wider application of ecosystem service markets in the context of support for ADB projects at the national, subregional and regional levels.
|Project Name||Capturing Economic Benefits from Ecosystem Services|
|Project Type / Modality of Assistance||Technical Assistance
|Source of Funding / Amount||
|Strategic Agendas||Environmentally sustainable growth
Inclusive economic growth
|Drivers of Change||Governance and capacity development
|Sector / Subsector||
Agriculture, natural resources and rural development / Forestry - Land-based natural resources management - Water-based natural resources management
|Gender Equity and Mainstreaming|
|Description||The overall objective of the proposed activity is to identify opportunities for the wider application of ecosystem service markets in the context of support for ADB projects at the national, subregional and regional levels.|
|Project Rationale and Linkage to Country/Regional Strategy|
|Impact||Expansion of markets for ecosystem services in Asia and the Pacific to reduce poverty and improve environmental sustainability|
|Description of Outcome||1. Awareness level raised among key stakeholders about the potential benefits from expanded ecosystem services markets in responding to local and global environmental and development goals 2. Various market transactions supporting ecosystem services demonstrated for learning and subsequent replication, especially those that capture financial transfers through the carbon market 3. Levers identified for incorporating appreciation for and application of markets for ecosystem services into development investments of ADB and its partners|
|Progress Toward Outcome|
|Description of Project Outputs||
1. Lessons from existing mechanisms compiled, analyzed, and disseminated
Lessons from existing mechanisms compiled, analyzed, and disseminated
|Status of Implementation Progress (Outputs, Activities, and Issues)|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design|
|During Project Implementation|
|Consulting Services||The project will recruit individual consultants, both international (15 person months) and domestic (24 person months).|
|Responsible ADB Officer||Rattinger, Michael|
|Responsible ADB Department||Sustainable Development and Climate Change Department|
|Responsible ADB Division||SDCD*|
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
|Concept Clearance||27 Jul 2006|
|Fact Finding||24 May 2008 to 27 May 2008|
|Approval||26 Jun 2009|
|Last Review Mission||-|
|PDS Creation Date||23 Oct 2008|
|Last PDS Update||16 Apr 2010|
|Approval||Signing Date||Effectivity Date||Closing|
|26 Jun 2009||-||26 Jun 2009||31 Dec 2010||31 Mar 2014||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|600,000.00||0.00||0.00||0.00||0.00||0.00||600,000.00||26 Jun 2009||529,452.74|
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 Public Communications Policy (PCP) 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.
|Title||Document Type||Document Date|
|Capturing Economic Benefits from Ecosystem Services: Technical Assistance Completion Report||TA Completion Reports||Jan 2015|
|Capturing Economic Benefits from Ecosystem Services||Technical Assistance Reports||Jun 2009|
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.
None currently available.
The Public Communications Policy (PCP) 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.
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