fbpx 50057-001: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3 | Asian Development Bank

Regional: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3

Sovereign (Public) Project | 50057-001 Status: Active

Project Details

Project Officer
Satoru Yamadera Economic Research and Regional Cooperation Department Request for information
Country
  • Regional
Modality
  • Technical Assistance
Sector
  • Finance
 
Project Name Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Project Number 50057-001
Country Regional
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9294-REG: Green Local Currency Bonds for Infrastructure Development in ASEAN+3
People's Republic of China Poverty Reduction and Regional Cooperation Fund US$ 500,000.00
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Knowledge solutions
Partnerships
Sector / Subsector

Finance / Money and capital markets

Gender Equity and Mainstreaming No gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact Financial stability and support to sustainable development in the ASEAN+3 region strengthened.
Project Outcome
Description of Outcome Green local currency denominated bonds for infrastructure finance increased
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Support to ASEAN+3 regional studies provided.

Capacity of ASEAN+3 government staff enhanced

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Regional
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 The R-PATA will require 9 person-months of individual international consultancy services and 16 person-months of individual national consultancy services, comprising: (i) 4 person-months for the financial market specialist, with extensive knowledge of local currency bonds, preferably with green bonds for infrastructure finance; (ii) 3 person-months for the institutional investor, with significant knowledge in investments in fixed income; (iii) 2 person-months for the capital market specialist, with strong knowledge of ETF and bond indices; and (iv) 16 person-months for the research analyst/project coordinator who will provide support on data and information on infrastructure bonds and help monitor the progress of the R-PATA, organize meetings and workshops to support and assist international consultants and SDOD. Inputs from FSG and RCI TG will be incorporated in the final TA paper.
Responsible ADB Officer Satoru Yamadera
Responsible ADB Department Economic Research and Regional Cooperation Department
Responsible ADB Division Office of the Chief Economist, ERD
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
Timetable
Concept Clearance 14 Oct 2016
Fact Finding -
MRM -
Approval 24 Jan 2017
Last Review Mission -
Last PDS Update 26 Jan 2017

TA 9294-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
24 Jan 2017 - 24 Jan 2017 31 Dec 2018 31 Dec 2019 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
0.00 500,000.00 0.00 0.00 0.00 0.00 500,000.00 24 Jan 2017 412,092.59

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