China: Shaanxi Ankang Green and Low-Carbon Demonstration Urban Development Project

proposed

Ankang City is located along the Han Jiang River and in Qin-ba Mountains. Overly crowded urban area and frequent flood disasters have been the two core challenges impeding Ankang City's social and economic development. The Project aims to support the Ankang City's sustainable development of the Wuli Industrial Zone - East City New District (the “New District”) to serve as a demonstration on the planning, designing and implementation of a green, resilient and low-carbon urban district. The Project will finance key infrastructures of the New District with climate resilience features, including: (1) climate resilient urban transport infrastructure; (2) multi-purpose green corridors, with main purpose of flood prevention and waterlogging management; and (3) city management and data center, a green building equipped with digital platform and city operation system to improve efficiency. In addition, project management support will also be financed to improve project quality and enhance environmental and social risk management.