Regional : Capacity Development for Expansion of the Trade Finance Program into the Pacific and Enhanced Safeguards and Integrity Measures for Trade Finance Program Banks

Nonsovereign Project | 49900-001

The proposed technical assistance (TA) will help TSCFP reduce market gaps for trade finance. The TA will fund the engagement of consultants (i) for business operations and administration to manage growing volumes, thereby complementing existing staff resources, and (ii) for various capacity building initiatives such as enhanced sustainability/safeguards, integrity due diligence, and gender policies. To further close gaps, promote regional cooperation and integration and as a tool to address the pandemic, the TA will also fund delivery of knowledge products, services, and solutions.

Project Details

  • Project Officer
    Leva, Roberto
    Private Sector Operations Department
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Industry and trade
Project Name
Capacity Development for Expansion of the Trade Finance Program into the Pacific and Enhanced Safeguards and Integrity Measures for Trade Finance Program Banks
Project Number
49900-001
Country / Economy
  • Regional
Location
Regional
Type or Modality of Assistance
TA 8925-REG: Capacity Development for Expansion of Trade Finance Program into the Pacific and Enhanced Safeguards and Integrity Measures for TFP Banks
Source Amount
Government of Australia US$ 2.74 million
TA 8925-REG: Capacity Development for Expansion of the Trade Finance Program into the Pacific and Enhanced Safeguards and Integrity Measures for Trade Finance Program Banks
Source Amount
Government of Australia US$ 742,300.00
TA 8925-REG: Capacity Development for Expansion of the Trade Finance Program into the Pacific and Enhanced Safeguards and Integrity Measures for Trade Finance Program Banks (Supplementary)
Source Amount
Government of Australia US$ 2.84 million
Strategic Agendas
  • Inclusive economic growth
  • Regional integration
Drivers of Change
  • Knowledge solutions
  • Partnerships
  • Private sector development
Sector / Subsector

  • Finance / Trade finance

  • Industry and trade / Industry and trade sector development

Gender
Some gender elements
Project Sponsor(s)
    Objectives and Scope

    The proposed technical assistance (TA) will help TSCFP reduce market gaps for trade finance. The TA will fund the engagement of consultants (i) for business operations and administration to manage growing volumes, thereby complementing existing staff resources, and (ii) for various capacity building initiatives such as enhanced sustainability/safeguards, integrity due diligence, and gender policies. To further close gaps, promote regional cooperation and integration and as a tool to address the pandemic, the TA will also fund delivery of knowledge products, services, and solutions.

    Linkage to Country/Regional Strategy

    Safeguard Categories

    Environment
    Involuntary Resettlement
    Indigenous Peoples

    Summary of Environmental and Social Aspects

    Environmental Aspects
    Involuntary Resettlement
    Indigenous Peoples
    Stakeholder Communication, Participation, and Consultation

    Business Opportunities

    Consulting Services

    International consultants for (i) trade finance capacity development (one to two experts for up to 12 person-months), (ii) relationship management and due diligence of banks (one to two experts engaged for up to 36 person-months), (iii) safeguards in trade finance (one to two experts engaged for up to 36 person-months), and (iv) gender (one expert engaged for up to 18 person-months).

    National consultants for (i) integrity due diligence and AML, know-your-client, and counter-terrorist financing (one expert engaged for up to 36 person-months); and (ii) an administrative assistant (one consultant engaged for up to 36 person-months).

    Contact

    Responsible ADB Officer
    Leva, Roberto
    Responsible ADB Division
    Private Sector Financial Institutions Division (PSFI)
    Responsible ADB Department
    Private Sector Operations Department

    Timetable for assistance design, processing, and implementation

    Concept Clearance
    -
    Credit Committee Meeting
    -
    Approval
    -
    Last PDS Update
    26 Oct 2021

    Funding

    TA 8925-REG

    Milestones
    Approval Signing Date Effectivity Date Closing
    Original Revised Actual
    03 Jul 2015 - 03 Jul 2015 30 Jun 2018 31 Dec 2022 10 Aug 2023
    Financing Plan/TA Utilization
    ADB Cofinancing Counterpart Total
    Gov Beneficiaries Project Sponsor Others
    0.00 6,313,300.00 0.00 0.00 0.00 0.00 6,313,300.00
    Cumulative Disbursements
    Date Amount
    07 Sep 2023 5,374,235.08

    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.

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    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

    Title Document Type Document Date
    Trade Finance Scorecard: Regulation and Market Feedback Papers and Briefs Sep 2018

    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.