fbpx 54119-001: COVID-19 Emergency Energy Supply Project | Asian Development Bank

China, People's Republic of: COVID-19 Emergency Energy Supply Project

Nonsovereign (Private) Project | 54119-001 Status: Approved

The proceeds of this loan will be used to help ensure natural gas and liquefied petroleum gas (LPG) supplies to households, hospitals, industry and other key services to support business continuity in Wuhan City and Hubei Province amidst the coronavirus disease 2019 (COVID-19) epidemic, and post-epidemic recovery. The loan will enhance the resilience of cities through the sustenance of uninterrupted energy supplies to meet basic human needs and support economic activity in these affected areas.

Project Details

Project Officer
Clancy, Shane Request for information
Country
  • China, People's Republic of
Sector
  • Energy
 
Project Name COVID-19 Emergency Energy Supply Project
Project Number 54119-001
Borrower/Company China Gas Capital Management Limited
Country China, People's Republic of
Location Hubei
Type or Modality of Assistance
Loan Ordinary capital resources USD 20.00 million Proposed
Strategic Agendas Inclusive economic growth
Drivers of Change Private sector development
Sector / Subsector

Energy / Oil and gas transmission and distribution

Gender Equity and Mainstreaming Some gender elements
Responsible ADB Department
Responsible ADB Division
Responsible ADB Officer Clancy, Shane
Project Sponsor(s)
Description The proceeds of this loan will be used to help ensure natural gas and liquefied petroleum gas (LPG) supplies to households, hospitals, industry and other key services to support business continuity in Wuhan City and Hubei Province amidst the coronavirus disease 2019 (COVID-19) epidemic, and post-epidemic recovery. The loan will enhance the resilience of cities through the sustenance of uninterrupted energy supplies to meet basic human needs and support economic activity in these affected areas.
Objectives and Scope
Linkage to Country/Regional Strategy

The project is aligned with ADB's Strategy 2030 Operational Priority 1 (Addressing Remaining Poverty and Reducing Inequalities) and Operational Priority 4 (Livable Cities). Ensuring the supply of natural gas and LPG will enhance the resilience of cities to support effective epidemic responses and limit the negative impact of the outbreak. The provision of gas to meet basic energy demand contributes to building livable cities by benefiting households through uninterrupted access to energy in urban areas and surrounding communities under lockdown. With its sophisticated logistics and information technology systems, CGH will contribute to ensuring the uninterrupted supply of gas to meet basic human needs in Wuhan City and Hubei Province. No climate mitigation or adaptation financing has been estimated for this project.

The project addresses the following strategic priority of ADB's country partnership strategy for the PRC, 2016 -2020: supporting inclusive economic activities. The proposed loan is also aligned with priority areas of ADB's country partnership strategy for private sector development, as it will support a commercially viable private sector solution in the crisis.

The proposed project embodies ADB's Operational Plan for Private Sector Operations 2019- 2024 and ADB's Energy Policy of emphasizing energy security and universal access to energy. The policies encourage ADB to help developing member countries (DMCs) provide reliable, adequate, and affordable energy for inclusive growth in a socially, economically, and environmentally sustainable way.

ADB's financing support to China Gas Capital Management will help ensure that resources are proportionately allocated to help with addressing the COVID-19 energy supply emergency at its epicenter. This is a significant step in improving cross-border energy security for ADB's other DMCs in Asia and the Pacific

Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects ADB has categorized the investment in compliance with ADB's Safeguard Policy Statement (2009) as environment category C.
Involuntary Resettlement ADB has categorized the investment in compliance with ADB's Safeguard Policy Statement (2009) as involuntary resettlement category C.
Indigenous Peoples ADB has categorized the investment in compliance with ADB's Safeguard Policy Statement (2009) as indigenous peoples category C.
Stakeholder Communication, Participation, and Consultation NA
Timetable for assistance design, processing and implementation
Concept Clearance 10 Mar 2020
Credit Committee Meeting 26 Mar 2020
Approval 30 Mar 2020
Last PDS Update 30 Mar 2020

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.

Title Document Type Document Date
COVID-19 Emergency Energy Supply Project: FAST Report Faster Approach to Small Nonsovereign Transactions Mar 2020
COVID-19 Emergency Energy Supply Project: Initial Poverty and Social Analysis Initial Poverty and Social Analysis Mar 2020

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.

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