Accelerating Climate Action, Innovation, and Private Sector Development through Sector Operations

Active

The technical assistance (TA) aims to advance climate action, innovation, and private sector development (PSD) in Asian Development Bank's (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 ADB's five strategic focus areas: climate action, PSD, regional cooperation and public goods, digital transformation, and resilience and empowerment.