China, People's Republic of : COVID-19 Emergency Energy Supply Project
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
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Project Officer
Wong, Yee To
Private Sector Operations Department
Request for information -
Country/Economy
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 |
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| Country / Economy | China, People's Republic of |
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| Location | Hubei | |||||
| Type or Modality of Assistance |
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| Operational Priorities | OP2: Accelerating progress in gender equality OP4: Making cities more livable |
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| Sector / Subsector | Energy / Oil and gas transmission and distribution |
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| Gender | Some gender elements | |||||
| Responsible ADB Department | Private Sector Operations Department | |||||
| Responsible ADB Division | Portfolio Management Division, PSOD | |||||
| Responsible ADB Officer | Wong, Yee To | |||||
| 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 | 06 Oct 2022 |
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.
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| Title | Document Type | Document Date |
|---|---|---|
| COVID-19 Emergency Energy Supply Project: Extended Annual Review Report | Extended Annual Review Reports | Jul 2022 |
| 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.
Requests for information may also be directed to the InfoUnit.
ADB Supports China Gas to Ensure Uninterrupted Gas Supplies to Combat COVID-19 in Hubei Province
ADB and China Gas Holdings Ltd. signed a $20 million private sector loan agreement to support natural gas and LPG deliveries to households, hospitals, industry, and services crucial to the ongoing response to COVID-19.