The technical assistance (TA) will facilitate the development of new financing instruments and related advisory services to improve energy efficiency in manufacturing and thus facilitate Indonesian exporters' compliance with International Organization for Standardization (ISO) 50001, introduced in June 2011, and energy conservation in Indonesia. The TA will also improve the targeting of trade finance and insurance instruments for Indonesian small and medium-sized (SME) exporters.
| Project Name | Institutional Capacity Building of Indonesia Eximbank | ||||||||||
| Project Number | 44133-012 | ||||||||||
| Country | Indonesia |
||||||||||
| Project Status | Closed | ||||||||||
| 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 Private sector development |
||||||||||
| Sector / Subsector | Finance / Trade finance |
||||||||||
| Gender Equity and Mainstreaming | |||||||||||
| Description | The technical assistance (TA) will facilitate the development of new financing instruments and related advisory services to improve energy efficiency in manufacturing and thus facilitate Indonesian exporters' compliance with International Organization for Standardization (ISO) 50001, introduced in June 2011, and energy conservation in Indonesia. The TA will also improve the targeting of trade finance and insurance instruments for Indonesian small and medium-sized (SME) exporters. | ||||||||||
| Project Rationale and Linkage to Country/Regional Strategy | The TA will be timely and groundbreaking by building capacity for energy efficiency and conservation. It will support the following activities of Indonesia Eximbank's finance department and advisory services unit: (i) developing a campaign to raise awareness of the benefits of energy efficiency for Indonesian exporters, industry associations, and commercial banks; (ii) developing capacity for evaluating energy efficiency projects in the export credit agency (ECA) and establishing supporting credit review standards for such projects; (iii) developing appropriate pre-export finance shipment guarantees for small projects and SMEs; (iv) reducing transaction costs for developing sustainable energy investments through energy audits, feasibility studies, and supporting project preparation for industries and participating commercial banks; (v) raising awareness in the government and providing high-level policy inputs to the Ministry of Finance and Bank of Indonesia regarding commercial banks' mainstreaming of energy efficiency finance. | ||||||||||
| Impact | Indonesia Eximbank's trade and energy efficiency financing increases. | ||||||||||
| Project Outcome | |
|---|---|
| Description of Outcome | Improved access to energy efficiency and ECA finance with insurance for exporting corporations and SMEs |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | 1. Indonesia Eximbank expanding its export credit and insurance products and initiating energy efficiency finance 2. Risk sharing agreements undertaken with 3-5 major commercial banks. 3. Indonesia Eximbank initiating a plan of accession to the Berne Union of international credit insurers. |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | The TA will provide an implementation plan and timelines of specific inputs to stakeholders in Indonesia for their review and comment. |
| During Project Implementation | The TA will provide ongoing monitoring of implementation schedule and agreed outputs. |
| Business Opportunities | |
|---|---|
| Consulting Services | the TA will use 20 person-months of international consulting services and 48 person-months of national consulting services. To implement risk-sharing agreements on export credit finance and insurance, including the expansion of the SME portfolio, and to review factoring under development, the TA will use 9 person-months of international consulting services. |
| Procurement | na |
| Responsible ADB Officer | Madeleine Varkay |
| Responsible ADB Department | Southeast Asia Department |
| Responsible ADB Division | Public Management, Financial Sector and Trade Division, SERD |
| Executing Agencies |
Asian Development Bank 6 ADB Avenue, Mandaluyong City 1550, Philippines |
| Timetable | |
|---|---|
| Concept Clearance | 16 Sep 2010 |
| Fact Finding | 01 Aug 2010 to 10 Aug 2010 |
| MRM | - |
| Approval | 25 Mar 2011 |
| Last Review Mission | - |
| Last PDS Update | 17 Aug 2011 |
TA 7793-INO
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 25 Mar 2011 | 25 Mar 2011 | 25 Mar 2011 | 30 Nov 2012 | 31 Mar 2015 | - |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 0.00 | 1,675,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,675,000.00 | 25 Mar 2011 | 1,285,245.06 |
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.
None currently available.
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
None currently available.
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.
Tenders
No tenders for this project were found.
Contracts Awarded
No contracts awarded for this project were found
Procurement Plan
None currently available.