Regional : Preparing the Pacific Renewable Energy Investment Facility, Phase 3

Sovereign Project | 49450-038

The proposed transaction technical assistance (TA) facility is aligned with ADB's Strategy 2030 operational priorities (OPs) 1, 2, 3, 4, 6 and 7 and aims to:

(i)conduct required due diligence, provide project preparation, procurement, pre-implementation support, capacity building, and policy recommendations for two ensuing climate-adapted cross-sectoral integrated energy projects for approval in 2023-2025 under the Pacific Renewable Energy Investment Facility (PREIF).

(ii) provide implementation support for the ensuing projects, and for other ongoing PREIF projects, as needed and subject to funds availability.

Project Details

Related Projects

Project Name Preparing the Pacific Renewable Energy Investment Facility, Phase 3
Project Number 49450-038
Country / Economy Regional
Micronesia, Federated States of
Marshall Islands
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 10080-REG: Preparing the Pacific Renewable Energy Investment Facility, Phase 3
Technical Assistance Special Fund US$ 3.50 million
Operational Priorities OP1: Addressing remaining poverty and reducing inequalities
OP2: Accelerating progress in gender equality
OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP4: Making cities more livable
OP6: Strengthening governance and institutional capacity
OP7: Fostering regional cooperation and integration
Sector / Subsector

Energy / Energy efficiency and conservation - Energy utility services - Renewable energy generation - solar

Gender Some gender elements
Description

The proposed transaction technical assistance (TA) facility is aligned with ADB's Strategy 2030 operational priorities (OPs) 1, 2, 3, 4, 6 and 7 and aims to:

(i)conduct required due diligence, provide project preparation, procurement, pre-implementation support, capacity building, and policy recommendations for two ensuing climate-adapted cross-sectoral integrated energy projects for approval in 2023-2025 under the Pacific Renewable Energy Investment Facility (PREIF).

(ii) provide implementation support for the ensuing projects, and for other ongoing PREIF projects, as needed and subject to funds availability.

(iii)assess the feasibility of, and, as appropriate, design a successor investment facility to replicate the PREIF's streamlined and programmatic approach, which has resulted in efficiency gains and outpaced ADB overall in project processing time and start-up compliance. This facility will be designed to align with the Asian Development Bank's (ADB) recent policy directions, including but not limited to the Energy Policy 2021, the Fragile and Conflict-Affected Situation and Small Island Developing States Approach 2021, and Paris Agreement alignment by 2025.

(iv)identify potential eligible projects for processing under the PREIF and the successor facility, if approved, to help achieve ADB's $100 billion target for financing climate change mitigation, adaptation, and resilience by 2030.

Project Rationale and Linkage to Country/Regional Strategy The Pacific Renewable Energy Investment Facility (the Facility), approved in June 2017, is designed to finance a large number of small-value renewable energy projects in the 11 smaller Pacific island countries (PIC-11). The facility supports the PIC-11 in transforming their power sectors from diesel to sustainable renewable energy generation sources; and supports sector reform, private sector development, and capacity building. The proposed F-TRTA will prepare additional ensuing projects and support ongoing projects under the facility and will include knowledge and support and capacity building components. The proposed TA is expected to support the PREIF across the remainder of its 10-year implementation period.
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Marshall Islands - Nation-wide; Micronesia, Federated States of - Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services ADB will engage consultants following the ADB Procurement Policy (2017, as amended from time to time) and its associated project administration instructions and/or staff instructions. The TA facility will require a firm with 82 person-months of international and 45 person-months of national inputs. Individual consultants totaling 24 person-months of international and 84 person-months of national consultants inputs will also be engaged. ADB will engage the consulting firm through quality- and cost-based selection using full technical proposal (quality to cost ratio of 90:10), but may also use direct contracting, as needed, and as deemed appropriate.
Responsible ADB Officer Tiangco, Cinderella C.
Responsible ADB Department Sectors Group
Responsible ADB Division Energy Sector Office (SG-ENE)
Executing Agencies
Asian Development Bank
Timetable
Concept Clearance -
Fact Finding -
MRM -
Approval 23 Dec 2022
Last Review Mission -
Last PDS Update 03 Jan 2023

TA 10080-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
23 Dec 2022 - 23 Dec 2022 31 Dec 2027 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
3,500,000.00 0.00 0.00 0.00 0.00 0.00 3,500,000.00 03 May 2024 71,701.50

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.

Title Document Type Document Date
Preparing the Pacific Renewable Energy Investment Facility, Phase 3: Technical Assistance Report Technical Assistance Reports Dec 2022

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

Tender Title Type Status Posting Date Deadline
Climate Change Adaptation/Disaster Resilience Specialist Individual - Consulting Closed
Nature-based Solutions (NBS)/Sustainable Blue Economy (SBE)/Productive Uses of Energy (PUE) Specialist Individual - Consulting Closed
Facility Design/Private Sector Specialist Individual - Consulting Closed

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.