Regional: Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region

Sovereign Project | 53198-001

Project Details

  • Project Officer
    Kessler, Thomas W.
    Central and West Asia Department
    Request for information
  • Country/Economy
  • 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
Kyrgyz Republic
China, People's Republic of
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9878-REG: Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region
Technical Assistance Special Fund US$ 1.50 million
Financial Sector Development Partnership Special Fund US$ 500,000.00
TA 9878-REG: Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region
Technical Assistance Special Fund US$ 750,000.00
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 / Insurance and contractual savings

Public sector management / Public expenditure and fiscal management

Gender Equity and Mainstreaming Effective gender mainstreaming
Project Rationale and Linkage to Country/Regional Strategy

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
Concept Clearance 03 Oct 2019
Fact Finding 11 Apr 2019 to 11 Apr 2019
Approval 18 Nov 2019
Last Review Mission -
Last PDS Update 28 Nov 2019

TA 9878-REG

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

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