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 |
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| Project Status | Active | ||||||||||
| Project Type / Modality of Assistance | Technical Assistance |
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| Source of Funding / Amount |
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth Regional integration |
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| Drivers of Change | Gender Equity and Mainstreaming Governance and capacity development Knowledge solutions Partnerships Private sector development |
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| Sector / Subsector |
Finance / Insurance and contractual savings Public sector management / Public expenditure and fiscal management |
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| 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 |
| 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 6 ADB Avenue, Mandaluyong City 1550, Philippines |
| 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 | 30 Oct 2022 | - | - |
| 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 | 01 Apr 2022 | 1,698,844.27 |
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