fbpx 50096-003: Strengthening Capacity in the Implementation of the Green Financing Platform for the Greater Beijing–Tianjin–Hebei Region | Asian Development Bank

China, People's Republic of: Strengthening Capacity in the Implementation of the Green Financing Platform for the Greater Beijing–Tianjin–Hebei Region

Sovereign (Public) Project | 50096-003 Status: Active

The proposed TA will help improve capacity of I&G and other financial institutions in energy management, emission monitoring and verification, establishment of energy consumption baselines, verification of energy savings, compliance with environmental and social safeguards, project appraisal in economic terms, and project development in the BTH region. It will also build ADB's practical knowledge in the emerging area of green development financing and will assist other developing member countries.

 
Project Name Strengthening Capacity in the Implementation of the Green Financing Platform for the Greater Beijing–Tianjin–Hebei Region
Project Number 50096-003
Country China, People's Republic of
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9251-PRC: Strengthening Capacity in Implementation of Green Financing Platform for the Greater Beijing-Tianjin-Hebei Region
Clean Energy Fund under the Clean Energy Financing Partnership Facility US$ 1.00 million
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Finance / Finance sector development

Gender Equity and Mainstreaming No gender elements
Description The proposed TA will help improve capacity of I&G and other financial institutions in energy management, emission monitoring and verification, establishment of energy consumption baselines, verification of energy savings, compliance with environmental and social safeguards, project appraisal in economic terms, and project development in the BTH region. It will also build ADB's practical knowledge in the emerging area of green development financing and will assist other developing member countries.
Project Rationale and Linkage to Country/Regional Strategy The greater Greater Beijing Tianjin Hebei (BTH) region is one of the most important economic regions in the PRC, generating more than a third of the country's gross domestic product (GDP). But this region also consistently experiences poor air quality mainly due to its reliance on energy intensive enterprises, coal-based power generation, large number of diesel and gasoline fuelled automobiles, etc. The government is striving to improve the air quality and has launched stricter environmental regulations and a target to improve the average concentration of most hazardous air pollutant fine particulate matter (PM2.5). As enterprises modernize and upgrade their production facilities to meet stricter environmental regulations and reduce emissions, they must make capital expenditures that may not lead to additional revenue. New business models for such investments are needed, which require deep understanding of technical and financial issues associated with diverse sets of enterprises. Moreover, reducing the region's use of coal requires rapid low-carbon (such as natural gas) and renewable energy development, which is capital intensive. The region needs right policies and tighter regulations that can spur the demand, state-of-the-art technologies, and tailored financial instruments and financing. More importantly, the region needs an extensive outreach program to stimulate behavioral changes.
Impact Air quality improvements based on a green financing platform in the BTH region accelerated
Project Outcome
Description of Outcome Use of green financing platform by all key sectors and segments sustainably expanded
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Online application and data collection platform for the developers of potential subprojects implemented

Readiness of the subprojects increased

Subproject developers'' capacity in preparing bankable projects strengthened

Status of Implementation Progress (Outputs, Activities, and Issues)

The technical, environment and social due diligence of proposed subprojects, and preparation of the online application and data collection platform are ongoing.

The TA has been extended to 30 November 2020.

Geographical Location Beijing, Hebei, Henan, Inner Mongolia, Liaoning, Shandong, Shanxi, Tianjin
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 proposed TA will engage individual consultants consisting of two international (10 person-months) in technology selection and environmental assessment, and six national (39 person-months) to provide technical support in energy efficiency, agriculture waste utilization, renewable energy, and environmental assessment, energy performance monitoring and verification, and how to control foreign exchange risks.
Procurement Equipment and IT-based platform purchased under the TA will be turned over to the executing agency after completion of the TA. Procurement will be done in accordance with ADB's Procurement Guidelines (2015, as amended from time to time). Upon completion of the technical assistance project, all equipment procured under the project will be turned over or disposed of in accordance with ADB's project administration instructions.
Responsible ADB Officer Yun Zhou
Responsible ADB Department East Asia Department
Responsible ADB Division EASI
Executing Agencies
China National Investment and Guaranty Corporation
9 Floor, Office Bldg,
No. 100 Xisanhuan Beilu,
Huadian District,
Beijing, PRC 100048
Timetable
Concept Clearance 08 Nov 2016
Fact Finding 01 Nov 2016 to 03 Nov 2016
MRM -
Approval 29 Nov 2016
Last Review Mission -
Last PDS Update 26 Sep 2019

TA 9251-PRC

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
29 Nov 2016 02 Jan 2017 02 Jan 2017 30 Nov 2019 30 Nov 2020 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
0.00 1,000,000.00 0.00 0.00 150,000.00 0.00 1,150,000.00 29 Nov 2016 366,858.35

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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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.

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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

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
National environment specialist 3 Individual - Consulting Closed 17 Jan 2018 23 Jan 2018
Online application and data colleciton platform Firm - Consulting Closed 11 Nov 2017 17 Nov 2017

Contracts Awarded

Contract Title Approval Number Contract Date Contractor Contractor Address Executing Agency Contract Description Total Contract Amount (US$) Contract Amount Financed by ADB (US$)
Capacity Development Technical Assistance 9251 02 Apr 2018 Beijing Quick-Finance Information Service Corp.(CHINA,PEOPLE'SREP.OF) Xisanhuan Beilu,Haidian District, 10F Gu fang Plaza No 100 BeiJing China China National Investment and Guaranty Corporation Consulting Services 193,053.00

Procurement Plan

None currently available.