Regional : Operationalizing Trade Reforms and Strengthening Trade Climate Linkages in ADB Operations
The TA will support ADB's DMCs in integrating climate change mitigation and adaptation into their trade-related strategy policies and investments. A TA approach enables targeted capacity building and knowledge support. The TA is expected to enhance DMC's capacity to adopt and implement trade policies for climate actions and promote sustainable trade practices.
Project Details
-
Project Officer
Clarke, Julian L.
Climate Change and Sustainable Development Department
Request for information -
Country/Economy
Regional -
Sector
- Industry and trade
- Project Name
- Operationalizing Trade Reforms and Strengthening Trade Climate Linkages in ADB Operations
- Project Number
- 58230-001
- Country / Economy
- Regional
- Bangladesh
- Cambodia
- Indonesia
- Kazakhstan
- Lao People's Democratic Republic
- Mongolia
- Nepal
- Papua New Guinea
- China, People's Republic of
- Sri Lanka
- Project Status
- Active
- Project Type / Modality of Assistance
- Technical Assistance
- Source of Funding / Amount
TA 10335-REG: Operationalizing trade reforms and strengthening trade climate linkages in ADB Operations Source Amount Technical Assistance Special Fund US$ 1.50 million Regional Cooperation and Integration Fund US$ 400,000.00 - Operational Priorities
- OP2: Accelerating progress in gender equality
- OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
- OP7: Fostering regional cooperation and integration
- Sector / Subsector
Finance / Trade finance
Industry and trade / Industry and trade sector development
Public sector management / Public administration
- Gender
- Some gender elements
- Description
- The TA will support ADB's DMCs in integrating climate change mitigation and adaptation into their trade-related strategy policies and investments. A TA approach enables targeted capacity building and knowledge support. The TA is expected to enhance DMC's capacity to adopt and implement trade policies for climate actions and promote sustainable trade practices.
- Project Rationale and Linkage to Country/Regional Strategy
Despite the significant carbon footprint of trade, there is limited knowledge and capacity among DMCs to effectively integrate climate considerations into trade-related policies and investments. Specific constraints include the lack of evidence-based research and guidelines on the trade-climate nexus, inadequate training and capacity building for key stakeholders, limited identification of pipeline opportunities and limited resources to support implementation of, for example, PBLs that incorporate climate and sustainability dimensions.
An ADB-assisted TA is needed to strengthen ADB's overall engagement on this critical issue by generating knowledge solutions, providing technical expertise for project formulation and implementation, and capacity development, and developing pipeline opportunities. The TA will draw upon existing trade policies that have demonstrated strong climate linkages, such as the European Union's Carbon Border Adjustment Mechanism (CBAM) and the World Trade Organization's Environmental Goods Agreement. These policies can serve as models for DMCs seeking to enhance their trade regimes to advance climate action, even those that are not participating in the WTO negotiations nor directly affected by CBAM. The TA will provide concrete guidance on where, when, and how DMC trade policies can be improved to support climate objectives. Also, the TA aligns with Operational Plan for Priority 7 Fostering Regional Cooperation and Integration, 2019-2024. Developing Member Countries (DMCs) are failing to meet their Paris reform targets, posing a significant threat to global climate efforts.
- Impact
Low-carbon development and climate resilience in Asia and the Pacific enhanced
Project Outcome
- Description of Outcome
DMC's integration of climate change mitigation and adaptation into trade-related policies and investments increased
- Progress Toward Outcome
Implementation Progress
- Description of Project Outputs
Policy framework on trade and climate change agenda strengthened
Capacity of DMCs to incorporate climate considerations into trade strengthened
Pipeline of trade projects incorporating climate considerations developed
- Status of Implementation Progress (Outputs, Activities, and Issues)
- Geographical Location
- Bangladesh - Nation-wide; Cambodia - Nation-wide; China - Nation-wide; Indonesia - Nation-wide; Kazakhstan - Nation-wide; Lao People's Democratic Republic - Nation-wide; Mongolia - Nation-wide; Nepal - Nation-wide; Papua New Guinea - Nation-wide; Sri Lanka - 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
Business Opportunities
- Consulting Services
- Individual consultants will be recruited through framework agreements wherein empaneled candidates may be hired as needed for the duration of the agreement to provide expertise on the formulation of knowledge products and other outputs. ADB will engage a mix of international and national consulting firms, research and technical institutions, individual consultants, and resource persons. ADB will engage consultants following the ADB Procurement Policy (2017, as amended from time to time).
- Procurement
- No procurement will be done under the TA
Contact
- Responsible ADB Officer
- Clarke, Julian L.
- Responsible ADB Department
- Climate Change and Sustainable Development Department
- Responsible ADB Division
- Regional Cooperation and Integration and Trade Division (CCRC)
- Executing Agencies
-
Asian Development Bank
Timetable
- Concept Clearance
- 28 Jun 2024
- Fact Finding
- -
- MRM
- -
- Approval
- 28 Aug 2024
- Last Review Mission
- -
- Last PDS Update
- 28 Aug 2024
Funding
TA 10335-REG
| Approval | Signing Date | Effectivity Date | Closing | ||
|---|---|---|---|---|---|
| Original | Revised | Actual | |||
| 28 Aug 2024 | - | 28 Aug 2024 | 31 Aug 2027 | - | - |
| ADB | Cofinancing | Counterpart | Total | |||
|---|---|---|---|---|---|---|
| Gov | Beneficiaries | Project Sponsor | Others | |||
| 1,900,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,900,000.00 |
| Date | Amount |
|---|---|
| 06 Sep 2024 | 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 |
|---|---|---|
| Operationalizing Trade Reforms and Strengthening Trade Climate Linkages in ADB Operations: Technical Assistance Report | Technical Assistance Reports | Aug 2024 |
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
Contracts Awarded
Procurement Plan
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