Regional : Mainstreaming Nature-Positive Investments for Green, Resilient and Inclusive Recovery

Sovereign Project | 56120-001

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

  • Project Officer
    Robertson, Deborah
    Climate Change and Sustainable Development 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
Project Status
Active
Project Type / Modality of Assistance
  • Technical Assistance
Source of Funding / Amount
TA 10010-REG: Mainstreaming Nature-Positive Investments for Green, Resilient and Inclusive Recovery
Source Amount
Climate Change Fund US$ 350,000.00
Technical Assistance Special Fund US$ 1.00 million
Regional Cooperation and Integration Fund US$ 250,000.00
Operational Priorities
  • OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
  • OP6: Strengthening governance and institutional capacity
  • OP7: Fostering regional cooperation and integration
Sector / Subsector
  • Multisector / ADB's corporate management, policy and strategy development

Gender
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

Project Outcome

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

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation, and Consultation

During Project Design
During Project Implementation

Contact

Responsible ADB Officer
Robertson, Deborah
Responsible ADB Department
Climate Change and Sustainable Development Department
Responsible ADB Division
Climate Change, Resilience, and Environment Cluster (CCRE)
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

Funding

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
ADB Cofinancing Counterpart Total
Gov Beneficiaries Project Sponsor Others
1,600,000.00 0.00 0.00 0.00 0.00 0.00 1,600,000.00
Cumulative Disbursements
Date Amount
31 May 2024 114,332.70

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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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.

Tenders

Tender Title Type Status Posting Date Deadline
Nature-based Solutions Engineer and Team Lead Individual - Consulting Closed
Construction Materials Resource Efficiency Expert (Public Procurement) Individual - Consulting Closed
Environment Specialist (Stocktaking and Analysis of ENV group Core Programs & Activities) Individual - Consulting Closed
Environment Specialist (Environment Position Paper) Individual - Consulting Closed
Senior Technical Expert (Natural Capital/Nature-based Solutions) Individual - Consulting Closed

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.