Regional: Supporting Climate Action in Finance Sector Operations

Sovereign Project | 56130-001

Project Details

  • Project Officer
    Borres, Raquel R
    Sustainable Development and Climate Change Department
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Finance
Project Name Supporting Climate Action in Finance Sector Operations
Project Number 56130-001
Country / Economy Regional
Bangladesh
Indonesia
Mongolia
Philippines
Viet Nam
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6978-REG: Supporting Climate Action in Finance Sector Operations
Technical Assistance Special Fund US$ 750,000.00
Republic of Korea e-Asia and Knowledge Partnership Fund US$ 500,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Finance / Banking systems and nonbank financial institutions - Central banking systems - Finance sector development

Gender Equity and Mainstreaming Some gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact

Enabling environment for financing low-carbon, climate-resilient investments enhanced

Project Outcome
Description of Outcome

The capacity of selected DMCs for addressing climate-related risks in the finance sector improved.

Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Policy, regulatory and supervisory frameworks for addressing climate change risks in the finance sector developed.

Knowledge on innovative financing approaches for addressing climate change risks improved.

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Bangladesh - Nation-wide; Indonesia - Nation-wide; Mongolia - Nation-wide; Philippines - Nation-wide; Viet Nam - Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Borres, Raquel R
Responsible ADB Department Sustainable Development and Climate Change Department
Responsible ADB Division SDSC-FIN
Executing Agencies
Asian Development Bank
Timetable
Concept Clearance 05 Sep 2022
Fact Finding 11 Apr 2022 to 11 Apr 2022
MRM -
Approval 25 Oct 2022
Last Review Mission -
Last PDS Update 25 Oct 2022

TA 6978-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
25 Oct 2022 - 25 Oct 2022 31 Mar 2026 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
750,000.00 500,000.00 0.00 0.00 0.00 0.00 1,250,000.00 03 Nov 2022 0.00

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Evaluation Documents See also: Independent Evaluation

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Procurement Plan

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