Regional: Mainstreaming Nature-Positive Investments for Green, Resilient and Inclusive Recovery
The regional knowledge and support TA will put in place the enabling conditions to increase and accelerate nature-positive investments (NPI). The TA will strengthen ADB's business processes, metrics and governance for NPIs and provide DMCs with the required institutional capacity to integrate nature into national strategic planning, development and investment decision-making processes. The TA will support knowledge generation and sharing to provide an evidence-based model for enabling technical solutions for NPI.
Project Details
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Project Officer
Robertson, Suzanne Kay
Sustainable Development and Climate Change Department
Request for information -
Country/Economy
Regional -
Sector
- Multisector
| Project Name | Mainstreaming Nature-Positive Investments for Green, Resilient and Inclusive Recovery | ||||||||
| Project Number | 56120-001 | ||||||||
| Country / Economy | Regional |
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| Project Status | Active | ||||||||
| Project Type / Modality of Assistance | Technical Assistance |
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| Source of Funding / Amount |
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth |
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| Drivers of Change | Gender Equity and Mainstreaming Governance and capacity development Knowledge solutions |
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| Sector / Subsector | Multisector / ADB's corporate management, policy and strategy development |
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| Gender Equity and Mainstreaming | Effective gender mainstreaming | ||||||||
| Description | The regional knowledge and support TA will put in place the enabling conditions to increase and accelerate nature-positive investments (NPI). The TA will strengthen ADB's business processes, metrics and governance for NPIs and provide DMCs with the required institutional capacity to integrate nature into national strategic planning, development and investment decision-making processes. The TA will support knowledge generation and sharing to provide an evidence-based model for enabling technical solutions for NPI. | ||||||||
| Project Rationale and Linkage to Country/Regional Strategy | Asia and the Pacific is one of the most biodiverse regions in the world. It is home to 17 of the 36 global biodiversity hotspots, seven of the 17 megadiverse countries, and the greatest marine diversity. These ecosystems and their biodiversity, our nature, are essential for human existence and play a critical role in providing resources and services that underpin economies, jobs and livelihoods, food security, health and quality of life. Nature also plays a vital role to regulate the climate, it is a carbon sink and promotes resilience and adaptation to climate change. Yet human activity is causing the decline of nature globally at an unprecedented rate with none of the 20 Aichi targets of the UN Convention on Biological Diversity (CBD) being met. Seventy-five percent of the terrestrial environment has been altered, 66% of the marine environment is experiencing negative impacts, and over 85% of wetland area has been lost. Biological diversity is declining with approximately 25% of species in animal and plant groups threatened. Ecosystems are being degraded through over exploitation, urbanization and pollution. Losses are being accelerated due to climate change. The COVID-19 pandemic has highlighted the extreme pressure from the current economic system on the natural environment and how this can be destabilized with catastrophic effect. | ||||||||
| Impact | Nature-positive investment programmatic approach enabled |
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| Project Outcome | |
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| Description of Outcome | Environmental sustainability mainstreaming in ADB operations strengthened |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | Addressing environmental issues in ADB operations enhanced Knowledge and collective regional capacity for nature-positive investments developed Technical support to investment project development provided |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Regional |
| Summary of Environmental and Social Aspects | |
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| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | |
| During Project Implementation | |
| Responsible ADB Officer | Robertson, Suzanne Kay |
| Responsible ADB Department | Sustainable Development and Climate Change Department |
| Responsible ADB Division | SDTC-ENV |
| Executing Agencies |
Asian Development Bank |
| Timetable | |
|---|---|
| Concept Clearance | 05 Oct 2022 |
| Fact Finding | 11 Nov 2022 to 11 Nov 2022 |
| MRM | - |
| Approval | 02 Dec 2022 |
| Last Review Mission | - |
| Last PDS Update | 06 Dec 2022 |
TA 10010-REG
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 02 Dec 2022 | - | 02 Dec 2022 | 30 Nov 2025 | - | - |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 1,600,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,600,000.00 | 06 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.
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| Title | Document Type | Document Date |
|---|---|---|
| Mainstreaming Nature-Positive Investments for Green, Resilient and Inclusive Recovery: Technical Assistance Report | Technical Assistance Reports | Dec 2022 |
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
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Related Publications
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Tenders
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Procurement Plan
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