Sri Lanka: Building Capacity for Climate Resilience and Organic Farming among Vegetable and Fruit Growers
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
Related Projects
| 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 |
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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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 |
|---|---|---|
| Building Capacity for Climate Resilience and Organic Farming among Vegetable and Fruit Growers: Technical Assistance Report | Technical Assistance Reports | Nov 2021 |
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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