Regional: Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region
Project Details
-
Project Officer
Kessler, Thomas W.
Central and West Asia Department
Request for information -
Country/Economy
Regional -
Sector
- Finance
| Project Name | Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region | ||||||||||
| Project Number | 53198-001 | ||||||||||
| Country / Economy | Regional Afghanistan Azerbaijan Georgia Kazakhstan Kyrgyz Republic Mongolia Pakistan China, People's Republic of Tajikistan Turkmenistan Uzbekistan |
||||||||||
| Project Status | Active | ||||||||||
| Project Type / Modality of Assistance | Technical Assistance |
||||||||||
| Source of Funding / Amount |
|
||||||||||
| 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 / Insurance and contractual savings Public sector management / Public expenditure and fiscal management |
||||||||||
| Gender Equity and Mainstreaming | Effective gender mainstreaming | ||||||||||
| Description | |||||||||||
| Project Rationale and Linkage to Country/Regional Strategy | |||||||||||
| Impact | Macroeconomic resilience to disaster risks in the CAREC region increased |
||||||||||
| Project Outcome | |
|---|---|
| Description of Outcome | Collaboration between CAREC countries in disaster risk financing, including insurance, increased |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | Disaster risk assessments and modeling in CAREC countries produced Regional disaster risk transfer solution designed Capacity for disaster risk financing, including insurance, enhanced Infectious disease risk models and sustainable financing mechanisms identified |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Afghanistan - Nation-wide; Azerbaijan - Nation-wide; China - Nation-wide; Georgia - Nation-wide; Kazakhstan - Nation-wide; Kyrgyz Republic - Nation-wide; Mongolia - Nation-wide; Pakistan - Nation-wide; Tajikistan - Nation-wide; Turkmenistan - Nation-wide; Uzbekistan - Nation-wide |
| 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 | ADB will engage the consultants following the ADB Procurement Policy (2017, as amended from time to time) and its associated project administration instructions and/or staff instructions. ADB will recruit a consulting firm using the quality and cost-based selection method with a quality-cost ratio of 90:10 under an output-based contract. The Consulting firm will manage an interdisciplinary team of international experts (64 person-months) and national experts (51 person-months). ADB will monitor and evaluate the TA based on the implementation of activities and satisfactory delivery of outputs following the agreed timeline and budget. |
| Responsible ADB Officer | Kessler, Thomas W. |
| Responsible ADB Department | Central and West Asia Department |
| Responsible ADB Division | Regional Cooperation and Operations Coordination Div, CWRD |
| Executing Agencies |
Asian Development Bank |
| Timetable | |
|---|---|
| Concept Clearance | 03 Oct 2019 |
| Fact Finding | 11 Apr 2019 to 11 Apr 2019 |
| MRM | - |
| Approval | 18 Nov 2019 |
| Last Review Mission | - |
| Last PDS Update | 28 Nov 2019 |
TA 9878-REG
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 18 Nov 2019 | - | 18 Nov 2019 | 31 Oct 2022 | 31 Oct 2023 | - |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 2,750,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,750,000.00 | 10 Jan 2023 | 2,260,855.19 |
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.