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 (Public) Project | 52004-004

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 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 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 2017 2030 - Enhancing Financial Mechanisms to Develop Climate Actions of Developing Member Countries (Subproject 2)
Technical Assistance Special Fund US$ 800,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Regional integration
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Private sector development
Sector / Subsector

Finance / Finance sector development

Gender Equity and Mainstreaming 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 2017 2030 (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.
Responsible ADB Officer Asseline, Frederic
Responsible ADB Department Sustainable Development and Climate Change Department
Responsible ADB Division SDCD
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
Timetable
Concept Clearance -
Fact Finding -
MRM -
Approval 29 May 2019
Last Review Mission -
Last PDS Update 16 Dec 2020

TA 9744-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
29 May 2019 - 29 May 2019 31 Mar 2021 31 Mar 2022 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
800,000.00 0.00 0.00 0.00 0.00 0.00 800,000.00 07 Sep 2021 90,271.29

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.

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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


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
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 06 Feb 2021 12 Feb 2021
Senior Country Researcher Individual - Consulting Closed 26 Sep 2020 09 Oct 2020
Senior Project Finance - Infrastructure Finance Specialist Individual - Consulting Closed 30 Jun 2020 13 Jul 2020
Senior Climate Finance Specialist Individual - Consulting Closed 28 Jan 2020 10 Feb 2020
Senior Project Coordination Specialist Individual - Consulting Closed 27 Jan 2020 02 Feb 2020

Contracts Awarded

No contracts awarded for this project were found


Procurement Plan

None currently available.