Sri Lanka: Building Capacity for Climate Resilience and Organic Farming among Vegetable and Fruit Growers

Nonsovereign Project | 55143-002

The proposed transaction technical assistance (TA) grant is designed to complement the equity investment of up to $40 million in _Nirvana_ (the company) in Sri Lanka. The investment will support the company's expansion of its food manufacturing and food retail and distribution capacities, enabling greater access to quality produce including fruits and vegetables, generating local employment and supporting the local economy.

Project Details

  • Project Officer
    Dora, Tushna
    Private Sector Operations Department
    Request for information
  • Country/Economy
    Sri Lanka
  • Sector
    • Agriculture, natural resources and rural development
Project Name Building Capacity for Climate Resilience and Organic Farming among Vegetable and Fruit Growers
Project Number 55143-002
Borrower / Company
Country / Economy Sri Lanka
Location Nation-wide
Type or Modality of Assistance
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Agriculture, natural resources and rural development / Agricultural production

Gender Equity and Mainstreaming Effective gender mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Office of the Director General, PSOD
Responsible ADB Officer Dora, Tushna
Project Sponsor(s)
Objectives and Scope The proposed transaction technical assistance (TA) grant is designed to complement the equity investment of up to $40 million in _Nirvana_ (the company) in Sri Lanka. The investment will support the company's expansion of its food manufacturing and food retail and distribution capacities, enabling greater access to quality produce including fruits and vegetables, generating local employment and supporting the local economy.
Linkage to Country/Regional Strategy The project is consistent with ADB''s Strategy 2030 and four of its operational priorities: 1 addressing remaining poverty and reducing inequalities (by improving the incomes of farmers and creating jobs); 2 accelerating progress in gender equality (by promoting gender equality through a gender action plan); 3 enhancing environmental sustainability (by promoting the adoption of climate-smart technologies to ensure sustainable use of land and water resources); and 5 promoting rural development and food security (by improving market connectivity, enhancing food safety, and increasing food security). The project is also consistent with country partnership strategy, 2018 2022 with Sri Lanka because it strengthens agricultural infrastructure and commercialization and promotes private sector development.
Safeguard Categories
Environment
Involuntary Resettlement
Indigenous Peoples
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance -
Credit Committee Meeting -
Approval -
Last PDS Update 28 Dec 2021

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Evaluation Documents See also: Independent Evaluation

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Related Publications

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