China, People's Republic of: Piloting Environmental Information Disclosure to Promote Relevant Green Standards in the Yellow River Basin

Sovereign Project | 54026-015

The technical assistance (TA) subproject will have the following outcome: cross-sector environmental reporting and information-sharing mechanism enhanced. This TA subproject is aligned with the overall impact of the TA Cluster: resilient ecological protection and security in the Yellow River basin achieved. The TA subproject will have the following outputs: (i) technical advice on cross-sector environmental information-sharing mechanism and draft green standard for environmental information disclosure developed, (ii) draft green standard for environmental information disclosure piloted, and (iii) knowledge and capacity for environmental information sharing and governance strengthened.

Project Details

  • Project Officer
    Niu, Zhiming
    East Asia Department
    Request for information
  • Country/Economy
    China, People's Republic of
  • Sector
    • Agriculture, natural resources and rural development
Project Name Piloting Environmental Information Disclosure to Promote Relevant Green Standards in the Yellow River Basin
Project Number 54026-015
Country / Economy China, People's Republic of
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6972-PRC: Piloting Environmental Information Disclosure to Promote Relevant Green Standards in the Yellow River Basin
Technical Assistance Special Fund US$ 300,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Agriculture, natural resources and rural development / Rural water policy, institutional and capacity development

Gender Equity and Mainstreaming Some gender elements
Description The technical assistance (TA) subproject will have the following outcome: cross-sector environmental reporting and information-sharing mechanism enhanced. This TA subproject is aligned with the overall impact of the TA Cluster: resilient ecological protection and security in the Yellow River basin achieved. The TA subproject will have the following outputs: (i) technical advice on cross-sector environmental information-sharing mechanism and draft green standard for environmental information disclosure developed, (ii) draft green standard for environmental information disclosure piloted, and (iii) knowledge and capacity for environmental information sharing and governance strengthened.
Project Rationale and Linkage to Country/Regional Strategy

Monitoring and disclosure of the environment, social, and governance (ESG) information for public and private sector projects is a key aspect of green development. Policy reforms have been issued to strengthen awareness of and measures for the environmental information reporting and ESG disclosure in the People's Republic of China (PRC). Two new policies were issued in 2021 by the PRC's Ministry of Ecology and Environment (MEE): (i) the Reform Program for the Legal Disclosure System of Environmental Information (the Reform Program), and (ii) the Measures for the Administration of Legal Disclosure of Enterprise Environmental Information. Both policies identify the required reforms to strengthen environmental information reporting and disclosure by listed enterprises, including bond issuers. These reforms also emphasize the need for annual submission of mandatory environmental information to be reported, including details on emissions, pollution generation and abatement, and environmental management. The MEE facilitates this reform process, including through coordination with ministries, line departments, provincial government agencies, and the private sector.

In support the MEE's reform objectives and tasks, there is an urgent need to assess existing reporting frameworks to align and cope with the growing demand for green financing in the PRC. Organizational capacities in terms of environmental information reporting and disclosure must be enhanced. Important reform tasks include (i) identification and enforcement of a standardized set of environmental information and indicators which are aligned with international best practices, (ii) improvement of compliance assessments, and (iii) identification of crosscutting strategies to address varying reporting and disclosure methodologies. Environmental policy and institutional reform specialists need to work together in developing a consistent and unified reporting approach, and systematically selecting domestically applicable environmental information and indicators which match available ESG guidance. Together with strengthening the environmental information disclosure, designing an effective cross-sector environmental reporting and information-sharing mechanism based on a sector assessment and stakeholder feedback is necessary. With a knowledge-sharing mechanism designed, guidance on effective reporting which resulted from reliable disclosure of environmental information and best practices can be disseminated to influence greater participation by other stakeholders. These reform tasks are integral in (i) stimulating long-term commitments among concerned institutions, (ii) promoting regional participation for environmental information and best practices information sharing, (iii) supporting inclusion of high-quality environmental data in an ESG reporting framework, and (iv) promoting better transparency to support the PRCs green finance and sustainable investment agenda.

Focusing on environmental dimension of the ESG indicators, the expected outcome of the TA subproject will guide listed enterprises and concerned institutions on effective environmental information reporting and disclosures. Experiences and lessons learned will be applied in designing an online information-sharing platform to achieve national-level and cross-sector cooperation and promote synergies between the MEE and concerned institutions. The TA subproject will support the TA Cluster outputs by (i) leveraging from national and international best practices to identify gaps and limitations in domestic environmental information reporting; (ii) developing standardized indicators that provide practical methodology for environmental information reporting and disclosure; (iii) improving environmental information-sharing mechanisms; and (iv) strengthening cross-sector knowledge-sharing and capacity-building activities of listed enterprises for environmental information reporting and disclosure. The Asian Development Bank is providing this TA to support achieving resilient ecological protection and high-quality development for the PRC's Yellow River basin.

Impact

Resilient ecological protection and security in the Yellow River basin achieved

Project Outcome
Description of Outcome

Cross-sector environmental reporting and information-sharing mechanism enhanced

Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Technical advice on cross-sector environmental information-sharing mechanism and draft green standard for environmental information disclosure developed

Draft green standard for environmental information disclosure piloted

Knowledge and capacity for environmental information sharing and governance strengthened

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design The TA team has conducted consultations and technical discussions with the MEE to determine the scope and priorities.
During Project Implementation The TA team will continuously engage with the MEE, concerned institutions, and relevant stakeholders.
Business Opportunities
Consulting Services

A team of national and international individual consultants, as well as resource persons will be engaged, following the ADB Procurement Policy (2017, as amended from time to time) to support the TA project implementation.

This TA subproject will require 25.5 person-months of consulting services, comprising one international and five national consultants: ESG specialists (international, 3.0 person-months; and national, 3.5 person-months), policy and institutional reform specialist and team leader (national, 8.0 person-months), environmental information disclosure specialist (national, 3.0 person-months), environment specialist (national, 4.0 person-months), and capacity building specialist (national, 4.0 person-months). ADB will engage the consultants through individual consultant selection, following the ADB Procurement Policy (2017, as amended from time to time) and its associated project administration instructions and/or staff instructions. The need for additional consultants' support will be reviewed during the TA implementation; and if required, support will be proposed as international and/or national resource persons.

Procurement No procurement of goods.
Responsible ADB Officer Niu, Zhiming
Responsible ADB Department East Asia Department
Responsible ADB Division Environment, Natural Resources & Agriculture Division, EARD
Executing Agencies
Ministry of Ecology and Environment former "Ministry of Environmental Protection"
Timetable
Concept Clearance -
Fact Finding 05 May 2022 to 06 May 2022
MRM -
Approval 13 Oct 2022
Last Review Mission -
Last PDS Update 19 Oct 2022

TA 6972-PRC

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
13 Oct 2022 11 Nov 2022 11 Nov 2022 30 Sep 2024 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
300,000.00 0.00 0.00 0.00 0.00 0.00 300,000.00 11 Jan 2023 0.00

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

None currently available.


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
National Policy and Institutional Reform Specialist and Team Leader Individual - Consulting Active 12 Jan 2023 01 Feb 2023
National Environment Specialist Individual - Consulting Active 12 Jan 2023 01 Feb 2023
National Environmental, Social, and Governance Specialist; and Deputy Team Leader Individual - Consulting Active 12 Jan 2023 01 Feb 2023
International Environment, Social, and Governance Specialist Individual - Consulting Active 12 Jan 2023 01 Feb 2023
National Capacity Building Specialist Individual - Consulting Active 12 Jan 2023 01 Feb 2023
National Environmental Information Disclosure Specialist Individual - Consulting Active 12 Jan 2023 01 Feb 2023

Contracts Awarded

No contracts awarded for this project were found


Procurement Plan

None currently available.