The TA is being implemented by ADB's Climate Change and Disaster Risk Management Division (SDCD) and seeks to help build the capacity of ADB developing member countries (DMCs) to access critical financing for scaling up climate change actions. In its current form, the technical assistance (TA) aims to help 2-3 ADB DMCs to develop the capacity to identify priority investment projects that mitigate climate change and/or support adaptation to climate change, while creating sustainable development co-benefits. These priority investment projects may qualify for support through bilateral climate finance and international climate finance mechanisms such as the Green Climate Fund (GCF) and financing for nationally appropriate mitigation actions, in addition to multilateral development bank financing and private sector finance. The TA will help DMCs to conceptualize financing strategies for these investments, identify capacity gaps and barriers that impede the flow of climate finance, and raise awareness.
|Project Name||Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance|
|Project Type / Modality of Assistance||Technical Assistance
|Source of Funding / Amount||
|Strategic Agendas||Environmentally sustainable growth
Inclusive economic growth
|Drivers of Change||Gender Equity and Mainstreaming
Governance and capacity development
|Sector / Subsector||
Public sector management / Economic affairs management - Public expenditure and fiscal management
|Gender Equity and Mainstreaming||Some gender elements|
|Description||The TA is being implemented by ADB's Climate Change and Disaster Risk Management Division (SDCD) and seeks to help build the capacity of ADB developing member countries (DMCs) to access critical financing for scaling up climate change actions. In its current form, the technical assistance (TA) aims to help 2-3 ADB DMCs to develop the capacity to identify priority investment projects that mitigate climate change and/or support adaptation to climate change, while creating sustainable development co-benefits. These priority investment projects may qualify for support through bilateral climate finance and international climate finance mechanisms such as the Green Climate Fund (GCF) and financing for nationally appropriate mitigation actions, in addition to multilateral development bank financing and private sector finance. The TA will help DMCs to conceptualize financing strategies for these investments, identify capacity gaps and barriers that impede the flow of climate finance, and raise awareness. The TA also aims to help identify new opportunities for scaling up climate investments, which is particularly timely given ADB's recent (September 2015) commitment to double climate financing to $6 billion annually by 2020.|
|Project Rationale and Linkage to Country/Regional Strategy||
Given the need of DMCs to undertake massive additional investments to transition to a low-carbon and climate-resilient development path on one hand, and the emergence of new climate finance mechanisms such as the GCF (which is set to deliver a substantial amount of additional climate finance by 2020) on the other, ADB will face increasing demands for assistance with regard to climate-related investment, including those supported by international climate finance. Aside from upgrading its own support mitigation and adaptation initiatives in DMCs, ADB will be called on to help enhance DMC readiness for scaled up climate finance, including multilateral, bilateral, and private sector sources.
Although all DMCs have different mechanisms, processes, and capacity in place that can be built on, many will require targeted assistance to derive maximum benefit from the evolving global climate finance architecture. DMC demands for TA, including to ADB, are expected to increase in both number and complexity in the coming years. Demand for investment in low-carbon, climate-resilient infrastructure sectors in DMCs by multilateral, bilateral, and private sector climate finance sources will also grow.
DMCs must develop strategic approaches to engage with the new and evolving international climate finance mechanisms. They must also help to increase investment in low-carbon,
climate-resilient infrastructure, including through the domestic private sector. Given the volume of investment needed and the limitations of public funds both in DMCs and in developed donor countries the role of the private sector is crucial.
Policy frameworks, institutional capacity, and technical skills must be strengthened at national, subnational, and local levels for ADB DMCs to enhance their readiness for scaled up climate finance and to improve their ability to plan, budget, deliver, and conduct monitoring, reporting, and verification of climate outcomes and climate finance.
|Impact||Greater flow of international climate finance to selected DMCs|
|Description of Outcome||Increased awareness and enhanced capacity of selected DMCs in accessing international climate finance for low-carbon, climate resilient infrastructure projects, including through ADB|
|Progress Toward Outcome||
On 31 July 2015, ADB submitted its first proposal to the GCF, a $31 million adaptation grant for the proposed Fiji Urban Water Supply and Wastewater Management Project. Recently, the TA supported the organization of a consultation meeting between GCF, the government of Fiji, and ADB at GCF headquarters in Songdo, Republic of Korea, on the project design and GCF application. The TA is identifying further infrastructure projects from DMCs.
The TA implementation was extended to 19 December to provide sufficient time to complete the activities and deliverables identified to ensure the successful outcome of the TA as well as to maximize support to ACliFF.
|Description of Project Outputs||
1. Assessment of opportunities for new and scaled-up ADB climate finance operations
2. Country report for every DMC targeted in the TA (3-4) with the following key contents:
-A portfolio of 2-3 priority low-carbon, climate resilient infrastructure investment projects with the potential to access international climate finance and MDB financing, with private sector participation
-strategies and recommendations to (i) enhance participation in climate finance mechanisms; (ii) improve climate finance delivery systems and scale up private sector investments;(iii) address gaps in institutional or technical capacity
3. Organization of workshops to disseminate key findings of country studies
|Status of Implementation Progress (Outputs, Activities, and Issues)||
Output 1: Identification of opportunities for new and scaled up climate finance operations. RETA 8606 has supported the establishment of a new multi-donor Asia-Pacific Climate Finance Fund (ACliFF). ACliFF aims to support the development and implementation of financial risk management products to help mitigate and manage risks involving sovereign and non-sovereign investments, wholly or partially focusing on climate change and mitigation, adaptation and/or risk management. These financial risk management products will support DMC investment in new climate technologies as well as expand their penetration of climate risk insurance. Establishment of ACliFF was approved on 28 April 2017.
The RETA is also supporting the preparation of Green Climate Fund (GCF) proposal applications of seven ADB projects. Three proposals and one concept note have been prepared and submitted for GCF review, while the remainder are still being drafted.
Additionally, the TA is supporting the establishment of a Green Finance Catalyst Facility (GFCF).
Output 2: Identification of priority infrastructure investment projects and capacity building needs in selected DMCs. RETA 8606 is assisting the Government of Lao PDR develop two sector-focused climate investments that are aligned with the country's nationally determined contribution (NDC), including initial investment project outlines. A guideline on the development of sectoral/thematic climate strategic investments will also be prepared. These investment strategies are intended to serve as building blocks for the development of a national climate finance strategic framework. This output is supported by funding from the Nordic Development Fund. ADB received the no-objection by the Lao PDR Ministry of Planning and Investments on 2 November 2017. The recruitment of 3 international and 2 national consultants have been initiated.
Output 3: Enhanced awareness of investment opportunities in low-carbon, climate resilient infrastructure. The RETA supported the organization of consultation meetings between GCF, the government of Fiji and ADB, which played a vital role in obtaining GCF Board approval of a $31 million adaptation grant for an ADB water supply and sanitation project in Fiji in November 2015. It has also supported a regional consultation workshop with DMC representatives on ADB's Climate Change Strategic Framework 2017-2030 in March 2017.
The TA supported the Policy Discussion on Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3 organized by the Asian Bonds Market Initiative held in Chiang Mai, Thailand on 6 November 2017.
Upcoming activities will include support to the planned national workshop in Lao PDR in 2018 to present the preliminary results of work carried out under Output 2. A Regional Workshop is also planned in September 2018 to discuss the results of Lao PDR studies on potential financing and implementation of activities in other DMCs.
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design||The proposed TA design has been discussed informally with a range of DMC representatives bilaterally as well as at various regional and international forums. The TA concept has also been discussed informally in the context of ADB involvement with the Green Climate Fund, during which a number of DMCs have expressed interest in ADB assistance for identifying projects that could conceivably access the Green Climate Fund and in enhancing DMC _readiness_ for up-scaled climate finance. ADB support to enhance DMC _readiness_ has also been highlighted in conversations with possible donor countries, including the Republic of Korea.|
|During Project Implementation||
On 24 February 2016, the TA was extended until 31 December 2016 and an additional funding of US$237,500 from ADB's Climate Change Fund (CCF) was approved to expand coverage of Output 1 and to support the development of new conceptual proposals and further the development of existing conceptual proposals for new and scaled up finance operations.
On 17 March 2016, supplementary financing of US$500,000 from the Nordic Development Fund (NDF) was confirmed. See Attachment 2. The supplementary financing will support parts of Outputs 2 and 3 of the TA and to increase coverage from 2-3 developing member countries (DMCs) to 4-5 DMCs. For Output 1 , NDF also agreed to provide in-kind support for the development of 2 conceptual proposals.
International consulting inputs- 20 person-months
1. Senior climate change specialist and team leader (13 person-months). The
consultant will have at least a master's degree in economics, environmental science, or a
related discipline, and 15 years of experience related to environment and climate change.
Knowledge of ADB and experience in Asia and the Pacific are highly desirable.
2. Senior finance specialist (2 person-months, intermittent). The consultant will have at
least a master's degree in finance, economics, business administration, or a related discipline,
and 15 years of experience related to private sector infrastructure investment in developing
countries. Knowledge of ADB private sector operations and experience in Asia and the Pacific
are highly desirable.
3. Climate change adaptation finance specialist (2 person-months, intermittent). The
consultant will have at least a master's degree in economics, environmental science, or a
related discipline, and 10 years of experience with climate adaptation issues in developing
countries. Knowledge of ADB operations and experience in Asia and the Pacific are highly
4. Public policy and finance management specialist (3 person-months, intermittent).
The consultant will have at least a master's degree in economics, public finance management,
public policy, or a related discipline, and 10 years of experience with public finance
management issues in developing countries in Asia and the Pacific. Specific knowledge and
work experience in one or more of the targeted DMCs is highly desirable, as is knowledge of
climate finance. Knowledge of ADB operations is desirable.
National consulting inputs-40 person-months
1. Project coordinator (12 person-months, intermittent). The consultant will have at least
10 years of experience in project administration and at least a bachelor's degree in a related
discipline. Experience with ADB is highly desirable.
2. Climate policy and finance specialists (28 person-months, intermittent). National
consultants will be hired on a flexible basis through independent recruitment to support the team
leader in the implementation of activities in selected DMCs under outputs 2 and 3. National
consultants will be hired in each selected DMC. The consultants will have at least 10 years'
experience in climate policy and finance, working experience in the selected DMCs, relevant
sector expertise, including in sectors such as energy, transport, urban development, agriculture,
and water and sanitation, and a master's degree in a related discipline. Experience with ADB is
The TA will finance consulting services, workshops, and report preparation. Consulting
services totaling 60 person-months (20 international and 40 national) will be required. The TA
will initially engage five consultants: (i) senior climate change specialist and team leader (13
person-months, international); (ii) senior finance specialist (2 person-months, international); (iii)
climate change adaptation finance specialist (2 person-months, international); (iv) public policy
and finance management specialist (3 person-months, international); and (v) regional project
coordinator (12 person-months, national). Additionally, the costs for services of climate policy
and finance consultants (28 person-months, national) are also budgeted. The positions will be
recruited on a demand basis to respond flexibly to the outcome of discussions within ADB and
with DMCs and other stakeholders.
Consultants will be engaged on an individual basis following ADB's Guidelines on the
Use of Consultants (2013, as amended from time to time). Individual consultant selection is
proposed as the project is designed to respond to specific requests from regional departments
for advisory services and studies, which will be identified based on project selection criteria
during project implementation.
|Responsible ADB Officer||Rattinger, Michael|
|Responsible ADB Department||SDTC|
|Responsible ADB Division||SDCD|
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
|Concept Clearance||04 Dec 2013|
|Approval||20 Dec 2013|
|Last Review Mission||-|
|Last PDS Update||28 Feb 2018|
|Approval||Signing Date||Effectivity Date||Closing|
|20 Dec 2013||-||20 Dec 2013||31 Jan 2016||19 Dec 2018||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|987,500.00||500,000.00||0.00||0.00||0.00||0.00||1,487,500.00||20 Dec 2013||679,647.05|
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.
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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|
|Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance||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.
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.
Requests for information may also be directed to the InfoUnit.
|Tender Title||Type||Status||Posting Date||Deadline|
|Climate Policy and Finance Specialist - Sustainable Cities (Lao PDR)||Individual - Consulting||Closed||28 Feb 2018||06 Mar 2018|
|Climate Policy and Finance Specialist - Agriculture and Forestry (Lao PDR)||Individual - Consulting||Closed||28 Feb 2018||06 Mar 2018|
|Climate Finance Specialist - Agriculture and Forestry (Lao PDR)||Individual - Consulting||Closed||13 Feb 2018||21 Feb 2018|
|Climate Finance Specialist - Sustainable Cities (Lao PDR)||Individual - Consulting||Closed||13 Feb 2018||21 Feb 2018|
|Climate Finance Specialist - Strategy Development (Lao PDR}||Individual - Consulting||Closed||13 Feb 2018||21 Feb 2018|
|ACliFF:Financial Risk Management Product Financing||Individual - Consulting||Closed||26 Jan 2018||01 Feb 2018|
|ACliFF:Energy Efficiency and Renewable Energy Financing||Individual - Consulting||Closed||26 Jan 2018||01 Feb 2018|
|ACliFF:Agricultural Insurance||Individual - Consulting||Closed||25 Jan 2018||31 Jan 2018|
|Climate Finance Specialist (Green Infrastructure)||Individual - Consulting||Closed||09 Sep 2017||15 Sep 2017|
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