China, People's Republic of : Innovative Models for Climate Change Financing
The TA will build on earlier work to help CCDMF prepare for the launch of a FoF for climate change that emphasizes private sector participation. The TA will also initiate preparations of additional financial innovations that will leverage private financing and support outreach on the actions of the CCDMF.
Project Details
-
Project Officer
Lee, Seung Min
East Asia Department
Request for information -
Country/Economy
China, People's Republic of -
Modality
-
Sector
- Finance
- Project Name
- Innovative Models for Climate Change Financing
- Project Number
- 47056-001
- Country / Economy
- China, People's Republic of
- Project Status
- Closed
- Project Type / Modality of Assistance
- Technical Assistance
- Source of Funding / Amount
TA 8580-PRC: Innovative Models for Climate Change Financing Source Amount Technical Assistance Special Fund US$ 300,000.00 - Strategic Agendas
- Environmentally sustainable growth
- Inclusive economic growth
- Drivers of Change
- Governance and capacity development
- Private sector development
- Sector / Subsector
Energy / Energy efficiency and conservation
Finance / Infrastructure finance and investment funds
Transport / Transport policies and institutional development
- Gender
- Description
- The TA will build on earlier work to help CCDMF prepare for the launch of a FoF for climate change that emphasizes private sector participation. The TA will also initiate preparations of additional financial innovations that will leverage private financing and support outreach on the actions of the CCDMF.
- Project Rationale and Linkage to Country/Regional Strategy
- Impact
More diversified and sustainable financing for climate change
Project Outcome
- Description of Outcome
Consideration by decision makers of innovative models for climate change financing
- Progress Toward Outcome
- The TA is completed.
Implementation Progress
- Description of Project Outputs
Detailed design of an FOF for climate change and supporting operating procedures
Assessment of the commercial viability of an FOF for climate change
Preliminary design of additional innovative models for change financing
Targeted, widely accessible knowledge products
- Status of Implementation Progress (Outputs, Activities, and Issues)
Regular review missions fielded. After the delay in consultant recruitment due to the change of recruitment method, a team of individual consultants are now mobilized. The inception meeting was held in September 2015 and further recruiting of internatinoal consultant was agreed based on the original TOR. The first workshop will be held in Beijing in the last week of October.
All TA activities completed. CTL is processing the closing of the TA account.
- Geographical Location
- Nation-wide
Summary of Environmental and Social Aspects
- Environmental Aspects
- Involuntary Resettlement
- Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
- During Project Design
The China Clean Development Mechanism Fund was actively engaged in the design of the TA project.
- During Project Implementation
- Consultation with the China Clean Development Mechanism is ongoing.
Business Opportunities
- Consulting Services
- The TA will engage one international consultant for a total of 2 person-months, and six national consultants for a total of 16 person-months. No single firm can be expected to provide well-qualified consultants for the full range of diverse skills required for the TA, so more than one firm will be engaged. A firm will be engaged to deliver outputs 1 and 2, and a separate firm will be engaged to deliver output 3. Output 4 will require a national consultant for 2 person-months. Given the small input, this consultant will be hired individually.
Contact
- Responsible ADB Officer
- Lee, Seung Min
- Responsible ADB Department
- East Asia Department
- Responsible ADB Division
- Public Mgt, Financial Sector and Regional Coop Division, EARD
- Executing Agencies
-
China Clean Development Mechanism Fund
Timetable
- Concept Clearance
- 13 Nov 2013
- Fact Finding
- 23 Oct 2013 to 24 Oct 2013
- MRM
- -
- Approval
- 16 Dec 2013
- Last Review Mission
- -
- Last PDS Update
- 31 Mar 2016
Funding
TA 8580-PRC
| Approval | Signing Date | Effectivity Date | Closing | ||
|---|---|---|---|---|---|
| Original | Revised | Actual | |||
| 16 Dec 2013 | 16 Jan 2014 | 16 Jan 2014 | 24 Dec 2015 | - | 24 Mar 2016 |
| ADB | Cofinancing | Counterpart | Total | |||
|---|---|---|---|---|---|---|
| Gov | Beneficiaries | Project Sponsor | Others | |||
| 300,000.00 | 0.00 | 50,000.00 | 0.00 | 0.00 | 0.00 | 350,000.00 |
| Date | Amount |
|---|---|
| 17 Jun 2022 | 118,981.76 |
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.
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| Title | Document Type | Document Date |
|---|---|---|
| Innovative Models for Climate Change Financing: Technical Assistance Completion Report | TA Completion Reports | Jul 2019 |
| Innovative Models for Climate Change Financing | Technical Assistance Reports | Dec 2013 |
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.
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