Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Cambodia
Location: Nation wide
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Asian Development Bank (ADB)
Status: Proposed
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower or Client: Government of Cambodia
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Agriculture and Forestry
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 90.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 130.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

Share This Page

 

Contact Us

Do you have more information on
this project, or want to get involved?
Contact EWS

Primary Source

Original disclosure @ ADB website
Updated in EWS: 2017-08-02
Disclosure Date: 2016-09-29
Climate-Friendly Agribusiness Value Chains Sector Project
ADB-48409-002

Project Description
Recent studies have shown that investing in agriculture is one of the most cost-effective strategies to reduce poverty and hunger. The proposed Climate-friendly Agribusiness Value Chains Sector Project (the project) will invest in pro-poor and inclusive agricultural value chains in Cambodia. The project will enhance rural household incomes and agricultural competitiveness by (i) providing improved critical production and post-harvest infrastructure, (ii) reducing energy costs by promoting bio-energy use and sustainable biomass management, and (iii) offering targeted agribusiness policy and capacity support services. Sector lending is proposed, as it will enable improving agribusiness policies and supporting reforms while financing investments in multiple subprojects. Cambodia has experience in sector modality in terms of identifying and carrying out subprojects during project implementation period and meets criteria for sector lending, as it has (i) agricultural sector development plan, (ii) reasonable institutional capacity to implement the plan, and (iii) suitable policies applicable to the sector. Furthermore, capacity building will be integral to the investment. The impact will be increased productivity, quality, value addition and rural household income in the project areas. The outcome will be development of climate friendly agribusiness value chains. The project will have three outputs. Output 1 (Critical agribusiness value chain infrastructure improved) will include rehabilitating and modernizing critical infrastructure (e.g. farm roads, water storage and small scale irrigation systems, drying, storage, milling and packaging facilities, by the public and private sectors. These activities will reduce post-harvest losses and improve efficiency. Output 2 (Bio-energy use and sustainable biomass management expanded) will include installation of agricultural waste to energy infrastructure (hard and soft) such as bio-digesters, bio-fertilizer facilities, and improved cook stoves for effective biomass management. These activities will increase price competitiveness by lowering production costs. Output 3 (Agribusiness policy and capacity support services strengthened) will include agribusiness policy/regulatory development, identification of opportunities for linking private sector companies to farmers or farmers' groups, provision of information on climate-friendly agriculture and resource efficient practices, harmonization of standards, and capacity building for productivity and quality improvement and reduction of post-harvest losses, marketing, potential PPPs, and financing options. It will also include consultant's support and institutional strengthening for subproject preparation, procurement, financial management and safeguards, and diffusion of knowledge and technologies for agribusiness value chains.
Investment Description
Green Climate Fund US$ 30.00 million (Grant) Green Climate Fund US$ 10.00 million (Loan)
Contact Information
Ministry of Agriculture, Forestry & Fisheries # 40 Norodom Blvd. Phnom Penh, Cambodia ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main
Bank Documents