Project Detail |
Project Name
Accelerating Climate Action, Innovation, and Private Sector Development through Sector Operations
Project Number
58295-001
Country / Economy
Regional
Armenia
Azerbaijan
Bangladesh
Bhutan
Cambodia
Cook Islands
Fiji
Micronesia, Federated States of
Georgia
India
Indonesia
Kazakhstan
Kyrgyz Republic
Kiribati
Lao Peoples Democratic Republic
Malaysia
Maldives
Mongolia
Nauru
Nepal
Niue
Pakistan
Palau
Philippines
Papua New Guinea
China, Peoples Republic of
Marshall Islands
Samoa
Solomon Islands
Sri Lanka
Tajikistan
Thailand
Timor-Leste
Turkmenistan
Tonga
Tuvalu
Uzbekistan
Vanuatu
Viet Nam
Project Status
Active
The technical assistance (TA) aims to advance climate action, innovation, and private sector development (PSD) in Asian Development Banks (ADB) operations by creating and promoting knowledge on transformative ideas, leading to a sustainable, impactful, and innovative project pipeline. The TA will generate exploratory knowledge to foster high-quality, demand-driven projects that are closely aligned with the needs of ADB developing member countries (DMCs). It will support upstream activities related to climate change, PSD, and high-level technologies, including digital initiatives. Additionally, it will focus on research, development, and awareness-building in DMCs, along with capacity building. The TA will help strengthen the enabling environments, such as that for quality infrastructure investment principles and sustainable procurement, to accelerate the adoption of innovation in sector operations. The TA contributes to ADBs five strategic focus areas: climate action, PSD, regional cooperation and public goods, digital transformation, and resilience and empowerment. |