China Project Notice - Promotion Of Environmentally Sustainable Infrastructure Investment In Asia And The Pacific


Project Notice

PNR 16208
Project Name Promotion of Environmentally Sustainable Infrastructure Investment in Asia and the Pacific
Project Detail A. Impact and Outcome The impact will be increased environmentally sustainable infrastructure projects in Asia and the Pacific. The outcome will be enhanced environment safeguards for the PRCs international infrastructure investments. B. Methodology and Key Activities The TA will produce three outputs: (i) environmental administration and management of the PRCs international infrastructure investments assessed; (ii) international practices and environmental administrative experiences identified, analyzed, and shared; and (iii) the PRCs capacity for environmental management of international infrastructure investments developed. Output 1: Environmental administration and management of the PRCs international infrastructure investments assessed. The PRCs environmental administration procedures and policies for international investments will be reviewed. The environmental performance and management of outbound investors and contractors will be assessed. International practices for environment safeguards for international infrastructure investments will be reviewed according to the source of funding (e.g., foreign direct investment, multilateral development assistance, and bilateral development assistance). Based on international practice and the PRC experience, the consultants will design a policy package for MEP to ensure that environment safeguards carry more weight during the governments decision-making process. This will help incentivize outbound PRC infrastructure investors to improve their environmental performance. Output 2: International practices and environmental administration experiences identified, analyzed, and shared. Both capital exporters and investment host country agencies should work to ensure infrastructure projects follow local regulations and relevant international standards. At least two high-level policy dialogue conferences will be designed to introduce international practices and share environmental administration experience among ADB developing member countries. MEP has set up a working relationship with the Greater Mekong Subregion (GMS) and participating countries of the Central Asia Regional Economic Cooperation (CAREC). The targeted participants will be the environmental protection agencies of these countries. Output 3: The PRCs capacity for environmental management of international infrastructure investments developed. An international infrastructure environmental management manual will be designed. Targeting PRC international investors and contractors, the manual will cover the following topics: (i) principles of environmental performance evaluation, (ii) environmental contingency design, (iii) environmental review and life-cycle assessment, (iv) environment public policy, (v) major investment host countries environmental protection administration structure and policy, (vi) environmental training for employees, and (vii) case studies. Once the international environmental management manual is finalized, two training workshops will be delivered to the PRCs international infrastructure investors and contactors.
Funded By Asian Development Bank
Sector Financial Services
Country China , Eastern Asia
Project Value CNY 400,000

Contact Information

Company Name Ministry of Environmental Protection
Address 115 Xizhimen Nanxiaojie, Beijing
Web Site https://www.adb.org/projects/48472-001/main#project-pds

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