GMS Regional Investment Framework. MRC BDP 4 th Regional Stakeholder Forum November 2014

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1 GMS Regional Investment Framework MRC BDP 4 th Regional Stakeholder Forum November 2014

2 What is the GMS RIF? Operationalizes the new GMS Strategic Framework ( ) Translates strategic directions into a pipeline of investment and TA projects Prepared through a bottomup approach, with extensive country consultations Based on sector assessments, supported by road maps and plans developed by GMS sector forums and working groups

3 GMS Strategic Framework Regional Impacts economic growth, reduced poverty, and environmental sustainability across the GMS Sector Outcomes cross-border flows: investment, traffic, labor migration, with reduced human trafficking use of energy by all sectors and communities, particularly the Poor access to information and communications tourism with reduced negative impacts sustainable agricultural production conservation of nature Sector Outputs Economic corridors established All GMS countries connected to a GMS rail network Enhanced labor migration management systems and social protection for migrant Workers generation of energy from indigenous, low carbon, and renewable Sources connection of GMS country power systems and functioning of regional power market Improved telecommunication linkages among GMS countries Improved tourism infrastructure (pro-poor, pro-women, and environmentally friendly) Sciencebased regional safety standards Operational resilience of agriculture to climate change Strengthened protected area networks

4 RIF Sector Pipelines Distribution of Investment Projects by Sector Total of $51.3 billion

5 RIF Sector Pipelines (cont.) Distribution of TA Projects by Sector Total of $222 million

6 RIF Implementation Plan Effective, manageable and realistic IP for achieving quick and concrete results IP consisting of high priority subregional projects that can attract the participation of development partners and private investors Complement IP with a sound M&E system 92 high priority investment and technical assistance projects to be implemented in

7 RIF Implementation Plan Criteria for Prioritizing Projects Subregional development benefits and impacts the project has strong subregional rationale and benefits, including improved connectivity and competitiveness, and/or strengthened approaches to health, education and environmental issues. Economic and social viability the project is likely to be economically viable and, where relevant, financially viable, and/or likely to produce social benefits. Availability of financing the project has identified financing sources, or has good potential for funding by ADB, development partners (DPs), and/or the private sector. Status of preparation technical, social, and environmental impact assessments for the project have been initiated or completed. National priorities the project is aligned with national development plan/economic development strategy and/or included as a priority project in the national investment plan/program.

8 RIF Implementation Plan Investment Projects by Sector Total of $30.04 billion

9 RIF Implementation Plan TA Projects by Sector Total of $60.25 million

10 INVESTMENT PROJECTS Agriculture Pipeline Name of Project Country Coverage Cost Estimate (US$ million) 1 Climate Friendly Agri-Business Value Chains in the GMS All GMS Countries Biosafety, Transboundary Diseases Control and Invasive Species Prevention in the All GMS Countries GMS 3 Enhancing Regional Competitiveness on Food Safety, Quality and Market Access for Smallholders All GMS Countries Agri-Tourism Value Chains Development All GMS Countries Enhancing Food Security by Building Resilient Food Production System in the GMS All GMS Countries TECHNICAL ASSISTANCE PROJECTS Subtotal (Investment Projects) 1, Climate Friendly Agri-Business Value Chains in the GMS All GMS Countries Biosafety, Transboundary Diseases Control and Invasive Species Prevention in the All GMS Countries 2.5 GMS 3 Enhancing Competitiveness and Trade Facilitation of Agri-Food Products in the GMS All GMS Countries Agri-Tourism Value Chain Development All GMS Countries Enhancing Food Security by Building a Resilient Food Production System in the GMS All GMS Countries Implementing the GMS CASP Phase II All GMS Countries Strengthening Regional Weather-Based Risk Insurance in the GMS All GMS Countries Enhancing Implementation of CASP Phase II (including the Development CASP All GMS Countries 8.0 Phase III) Subtotal (TA Projects) 25.0 CASP = Core Agriculture Support Program; GMS = Greater Mekong Subregion; TA = Technical Assistance. Source: ADB and GMS countries estimates. TOTAL 1,275.0

11 Environment Pipeline INVESTMENT PROJECTS Name of Project Country Coverage Cost Estimate (US$ million) 1 Global Environment Fund Regional Biodiversity and Forestry Program All GMS Countries Trans-Boundary, Biodiversity Landscape Management in Mekong Headwaters, Sino- PRC, THA, VIE 60.0 Vietnamese Limestone Mountains, and Tenasserim Mountains 3 Low-Carbon Forestry in GMS Economic Corridors LAO, MYA, THA Enhancing Community Competitiveness and Resilience through Ecosystem-Based CAM, LAO, VIE Approaches 5 Low-Carbon Freight Corridors LAO, VIE 60.0 Subtotal (Investment Projects) TECHNICAL ASSISTANCE PROJECTS 1 Core Environment Program and Biodiversity Conservation Corridor Initiative Phase II All GMS Countries 7.6 Additional Funding 2 Core Environment Program and Biodiversity Conservation Corridor Initiative Phase II All GMS Countries 1.0 Supplemental 3 Core Environment Program and Biodiversity Conservation Initiative Phase III All GMS Countries Low-Carbon Forestry in GMS Economic Corridors, Regional Project Preparatory TA LAO, MYA, THA Enhancing Community Competitiveness and Resilience through Ecosystem-Based CAM, LAO, VIE 1.0 Approaches 6 Low Carbon Freight Corridors CAM, LAO, THA, 1.0 VIE 7 Enhancing Rural Environmentally Sustainable City Partnerships in the GMS CAM, PRC, LAO, 1.0 MYA, VIE 8 Establishing Environmentally Sustainable City Partnerships in the GMS All GMS Countries 1.0 Subtotal (TA Projects) 48.6 CAM = Cambodia; PRC = People s Republic of China; GMS = Greater Mekong Subregion; LAO = Lao People s Democratic Republic; MYA = Myanmar; TA = Technical Assistance; THA = Thailand; VIE = Viet Nam. Source: ADB and GMS countries estimates. TOTAL 408.6

12 Priority Projects in Agriculture Investment Projects Name of Project Country Coverage Cost Estimate (US$ million) 1 Climate Friendly Agri-Business Value Chains All GMS in the GMS countries 2 Enhancing Competitiveness and Trade Facilitation of Agri-Food Products in the GMS All GMS countries Subtotal (Investment Projects) Technical Assistance Projects 1 PPTA for Climate-Friendly Agri-Business All GMS 2.5 Value Chains in the GMS countries 2 PPTA for Enhancing Competitiveness and Trade Facilitation of Agri-Food Products in the GMS All GMS countries 2.5 Subtotal (TA Projects) 5.0 TOTAL GMS = Greater Mekong Subregion; PPTA = Project Preparatory Technical Assistance TA = Technical Assistance. Source: ADB and GMS countries estimates.

13 Priority Projects in Environment Investment Projects Name of Project Country Coverage Cost Estimate (US$ million) 1 Global Environment Fund Regional All GMS 20.0 Biodiversity and Forestry Program countries 2 Low Carbon Freight Corridors LAO, VIE 60.0 Subtotal (Investment Projects) 80.0 Technical Assistance Projects 1 Core Environment Program and Biodiversity All GMS 7.6 Conservation Corridor Initiative II RETA Additional Funding countries 2 Low Carbon Freight Corridors CAM, LAO, THA, VIE 1.0 Subtotal (TA Projects) 8.6 TOTAL 88.6 CAM = Cambodia; GMS = Greater Mekong Subregion; LAO = Lao People s Democratic Republic; PPTA = Project Preparatory Technical Assistance; RETA = Regional Technical Assistance; TA = Technical Assistance; THA = Thailand; VIE = Viet Nam. Source: ADB and GMS countries estimates.

14 RIF Challenges and Next Steps Ensure required ownership and commitment from Sector Forums, Working Groups & Task Forces Secure financial and knowledge support from Development Partners and the private sector Capture implementation results via a robust monitoring and evaluation program Final draft of RIF IP and M&E System paper expected to be endorsed by countries in November 2014 RIF IP to be presented at 5th GMS Summit

15 Potential Areas for DP Involvement Finance/co-finance investment and technical assistance projects Support policy dialogue, capacity building & knowledge sharing Assist in promoting private sector participation, where applicable Promote coordination among DPs as well as with GMS Sector Forums, Working Groups and Task Forces