Regional : Supporting the Implementation of ADB's Climate Change Operational Framework 2017-2030 - Enhancing Financial Mechanisms to Develop Climate Actions of Developing Member Countries (Subproject 2)

Sovereign Project | 52004-004

Project Name
Supporting the Implementation of ADB's Climate Change Operational Framework 2017-2030 - Enhancing Financial Mechanisms to Develop Climate Actions of Developing Member Countries (Subproject 2)
Project Number
52004-004
Country / Economy
  • Regional
Project Status
Active
Project Type / Modality of Assistance
  • Technical Assistance
Source of Funding / Amount
TA 9744-REG: Supporting the Implementation of ADB's Climate Change Operational Framework 20172030 - Enhancing Financial Mechanisms to Develop Climate Actions of Developing Member Countries (Subproject 2)
Source Amount
Technical Assistance Special Fund US$ 800,000.00
TA 9744-REG: Supporting the Implementation of ADB's Climate Change Operational Framework 2017-2030 - Enhancing Financial Mechanisms to Develop Climate Actions of Developing Member Countries (Subproject 2)
Source Amount
Government of Austria US$ 1.12 million
Strategic Agendas
  • Environmentally sustainable growth
  • Inclusive economic growth
  • Regional integration
Drivers of Change
  • Gender Equity and Mainstreaming
  • Governance and capacity development
  • Knowledge solutions
  • Partnerships
  • Private sector development
Sector / Subsector
  • Finance / Finance sector development

Gender
Some gender elements
Description

Subproject 2 will support enhancement of financial mechanisms for developing climate actions of DMCs. Expected outputs will include: (i) improved DMC knowledge on public and private sources of climate finance, and (ii) innovative financing mechanisms to develop DMC climate actions identified.

Project Rationale and Linkage to Country/Regional Strategy

The Climate Change Operational Framework 2017-2030: Enhanced Actions for Low Greenhouse Gas Emissions and Climate-Resilient Development (CCOF2030), approved by the President on 4 July 2017, provides the broad direction and guidance for enhancing resilience and strengthening climate actions in ADB's operations and business processes.

The knowledge and support technical assistance (TA) cluster on Supporting the Implementation of ADB's Climate Change Operational Framework 20172030 (CCOF2030) was approved by the President on 7 December 2018. The TA cluster will help boost the capacity of developing member countries (DMCs) for meeting their climate objectives by (i) assisting in refining and translating nationally determined contributions (NDCs) into climate investment plans, which may be implemented with assistance from the Asian Development Bank (ADB); (ii) improving DMCs' access to external public and private climate finance, including support for innovative financing mechanisms; and (iii) developing methods and approaches to establish baselines and monitoring tools for indicators to measure and gauge DMC progress on climate actions and ADB's contribution to these actions. The TA cluster is strongly aligned with Strategy 2030, which highlights tackling climate change, building climate and disaster resilience and enhancing environmental sustainability as one of ADB's operational priorities, i.e., operational priority 3.

Impact

Low carbon development and climate resilience in Asia and the Pacific enhanced (Climate Change Operational Framework 2017-2030)

Project Outcome

Description of Outcome

Capacities of selected DMCs to implement NDCs enhanced

Progress Toward Outcome

The TA is in discussions with potential target DMCs, together with the other subprojects under the cluster TA, to determine the scope of assistance needed to enable them to implement their respective NDCs including related financial support and appropriate mechanisms needed to sustain their respective NDC actions.

To date, Mongolia and the Republic of Marshall Islands are two of the target DMCs for the TA. Two additional DMCs are in the process of being identified.

Implementation Progress

Description of Project Outputs

DMC knowledge on public and private sources of climate finance improved

Innovative financing mechanisms to develop DMC climate actions idenified

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

Output 1: Country workplans for the TA implementation have been completed for Mongolia and the Republic of Marshall Islands regarding their request for support in the development and implementation of their NDCs specifically as regards assessing options and formulating strategies for financing strategies including mobilizing support from the private sector. The respective governments have concurred with the workplans and the mobilization of consultants as well as implementation of specific activities have started.

Output 2: Work on the scoping paper on ADB's climate finance is now ongoing.

Geographical Location
Regional

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation, and Consultation

During Project Design
The TA carried out discussions with ADB Operational Departments, relevant international development partners and financing institutions in the preparation of the design of the TA and its activities.
During Project Implementation
The TA is closely coordinating with the other subprojects in the cluster TA as well as with ADB's Operational Departments, the relevant ministries or agencies of the potential DMCs, and international development partners such as NDC Partnership and GIZ in determining the scope of assistance and ensuring a fit with the expectations of the various stakeholders.

Business Opportunities

Consulting Services
The TA subproject will engage 24 person-months of international inputs (senior climate finance specialist, senior project finance - infrastructure finance specialist); and 48 person-months of national inputs (senior project coordination specialist, and senior country researchers). ADB will engage consultants using individual consultant selection method, as the TA subproject requires a mix of expertise covering various sectors, finding a firm that carries all expertise may be difficult and can cause unnecessary delays; and following the ADB Procurement Policy (2017, as amended from time to time) and its associated project administration instructions and/or staff instructions. Aside from the stated international and national consultants, resource persons and English translators may also be engaged for the training workshops.Selected reports will be published as knowledge products in English and the local language, as needed, with limited print copies prepared and disseminated to workshop participants from DMCs.

Contact

Responsible ADB Officer
Hughes, Katherine A.
Responsible ADB Department
Climate Change and Sustainable Development Department
Responsible ADB Division
Climate Change, Resilience, and Environment Cluster (CCRE)
Executing Agencies
Asian Development Bank

Timetable

Concept Clearance
-
Fact Finding
-
MRM
-
Approval
29 May 2019
Last Review Mission
-
Last PDS Update
16 Dec 2020

Funding

TA 9744-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
29 May 2019 - 29 May 2019 31 Mar 2021 31 Dec 2024 -
Financing Plan/TA Utilization
ADB Cofinancing Counterpart Total
Gov Beneficiaries Project Sponsor Others
800,000.00 1,119,900.00 0.00 0.00 0.00 0.00 1,919,900.00
Cumulative Disbursements
Date Amount
25 Apr 2024 805,054.54

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.


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
Green, Social, and Sustainability Bonds for Asia and the Pacific Brochures and Flyers Jul 2020

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
Senior Project Coordination Specialist Individual - Consulting Closed
Climate Finance Specialist (Private Sector Engagement) – Southeast Asia Region Individual - Consulting Closed
Communications Specialist (Capacity Development Coordination and Effectiveness) Individual - Consulting Closed
Climate Finance Specialist (Private Sector Engagement) – Central and West Asia Region Individual - Consulting Closed
Knowledge Sharing Specialist (Capacity Development Coordination and Effectiveness) Individual - Consulting Closed
Climate Finance Specialist (Macroeconomic and Fiscal Assessment) Individual - Consulting Closed
Supporting the Implementation of ADB's Climate Change Operational Framework 2017-2030 - Enhancing Financial Mechanisms to Develop Climate Actions of Developing Member Countries (Subproject 2) Individual - Consulting Closed
Climate Finance Specialist - Kazakhstan Individual - Consulting Closed
Climate Finance Specialist (National Consultant) - Georgia Individual - Consulting Closed
Supporting the Implementation of ADB's Climate Change Operational Framework 2017-2030 - Enhancing Financial Mechanisms to Develop Climate Actions of Developing Member Countries (Subproject 2) Individual - Consulting Closed
Supporting the Implementation of ADB's Climate Change Operational Framework 2017-2030 - Enhancing Financial Mechanisms to Develop Climate Actions of Developing Member Countries (Subproject 2) Individual - Consulting Closed
Supporting the Implementation of ADB's Climate Change Operational Framework 2017-2030 - Enhancing Financial Mechanisms to Develop Climate Actions of Developing Member Countries (Subproject 2) Individual - Consulting Closed
Supporting the Implementation of ADB's Climate Change Operational Framework 2017-2030 - Enhancing Financial Mechanisms to Develop Climate Actions of Developing Member Countries (Subproject 2) Individual - Consulting Closed
Supporting the Implementation of ADB's Climate Change Operational Framework 2017-2030 - Enhancing Financial Mechanisms to Develop Climate Actions of Developing Member Countries (Subproject 2) Individual - Consulting Closed
Senior Country Researcher Individual - Consulting Closed
Senior Project Finance - Infrastructure Finance Specialist Individual - Consulting Closed
Senior Climate Finance Specialist Individual - Consulting Closed
Senior Project Coordination Specialist Individual - Consulting Closed

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.