Regional : Supporting the Pacific DMCs in Financing their Climate Change Response
The TA will carrout a stocktake and analysis of existing climate change financing in the Pacific Region, consolidate infomration on program implementation and new sources of financing for climate initiatives to support cross-country learning, and propose concrete, feasible recommendations to increase Pacific DMCs' access to climate change financing. it will consider ongoing initiatives of ADB's Regional and Sustainable Development Department (RSDD) as well as relevant Council of Regional Organizatinos of the Pacific (CROP) agencies and development partners on climate change financing studies, particularly the SPREP Climate Change Financing Study (2010) and the PIFS Study on Improving Access to and Management of Climate Change Resources (2011). The TA will have two main outputs: (i) stocktake and analysis of existing climate change financing in the Pacific Region conducted; and (ii) recommendations to improve the Pacific DMCs' access to the said climate change financing windows prepared.
Project Details
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Project Officer
Drilon, Maria Lourdes
Pacific Department
Request for information -
Country/Economy
Regional -
Modality
-
Sector
- Energy
| Project Name | Supporting the Pacific DMCs in Financing their Climate Change Response | ||||
| Project Number | 46435-001 | ||||
| Country / Economy | Regional Kiribati Tuvalu |
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| Project Status | Closed | ||||
| Project Type / Modality of Assistance | Technical Assistance |
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| Source of Funding / Amount |
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth Regional integration |
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| Drivers of Change | Governance and capacity development |
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| Sector / Subsector | Energy / Energy efficiency and conservation |
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| Gender | No gender elements | ||||
| Description | The TA will carrout a stocktake and analysis of existing climate change financing in the Pacific Region, consolidate infomration on program implementation and new sources of financing for climate initiatives to support cross-country learning, and propose concrete, feasible recommendations to increase Pacific DMCs' access to climate change financing. it will consider ongoing initiatives of ADB's Regional and Sustainable Development Department (RSDD) as well as relevant Council of Regional Organizatinos of the Pacific (CROP) agencies and development partners on climate change financing studies, particularly the SPREP Climate Change Financing Study (2010) and the PIFS Study on Improving Access to and Management of Climate Change Resources (2011). The TA will have two main outputs: (i) stocktake and analysis of existing climate change financing in the Pacific Region conducted; and (ii) recommendations to improve the Pacific DMCs' access to the said climate change financing windows prepared. These two outputs will be consolidated in a technical report that will be submitted by ADB to the Working Committee of Pacific DMC Finance Ministers, for them to present to the Pacific Governors at the 46th ADB Annual Meeting in May 2013. | ||||
| Project Rationale and Linkage to Country/Regional Strategy | This small-scale regional capacity development technical assistance is a response to the request of the Pacific DMC Governors for ADB to support the Working committee of Pacific Finance Ministers, through the preparation of a technical report that will align the Pacificf DMCs; climate change financing needs with current financing schemes, including workable recommendations for improving the countries' acces to the said funding sources. | ||||
| Impact | |||||
| Project Outcome | |
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| Description of Outcome | |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Regional |
| Summary of Environmental and Social Aspects | |
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| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | |
| During Project Implementation | |
| Business Opportunities | |
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| Consulting Services | The TA will require 6-person months of international consulting services of a Climate Change and Project Formulation specialist/Team Leader (3-person months), an Institutional Development Specialist (2-person months), and a Communications Specialits/Workshop Facilitator (1-person month). |
| Responsible ADB Officer | Drilon, Maria Lourdes |
| Responsible ADB Department | Pacific Department |
| Responsible ADB Division | Transport, Energy and Natural Resources Division, PARD |
| Executing Agencies |
Asian Development Bank 6 ADB Avenue, Mandaluyong City 1550, Philippines |
| Timetable | |
|---|---|
| Concept Clearance | - |
| Fact Finding | - |
| MRM | - |
| Approval | 05 Dec 2012 |
| Last Review Mission | - |
| Last PDS Update | 17 Dec 2012 |
TA 8237-REG
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 05 Dec 2012 | - | 05 Dec 2012 | 31 Aug 2013 | 30 Nov 2013 | 23 Dec 2013 |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 200,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 200,000.00 | 17 Jun 2022 | 123,024.71 |
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| Title | Document Type | Document Date |
|---|---|---|
| Supporting the Pacific DMCs in Financing their Climate Change Response | TA Completion Reports | Jun 2014 |
| Supporting the Pacific DMCs in Financing their Climate Change Response | Consultants' Reports | Aug 2013 |
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