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Active Development AidData Chinese Aid

China Poverty Reduction and Regional Cooperation Fund finances the Mitigating the Impact of COVID-19 through Community-Led Interventions project through ADB

$1M USD

Funder People's Republic of China Poverty Reduction and Regional Cooperation Fund
Recipient Organization Asian Development Bank (ADB)
Country Asia, regional
Start Date Nov 16, 2020
End Date Aug 17, 2027
Duration 2,465 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 95426
Grant Description

China Poverty Reduction and Regional Cooperation Fund provided $1 million USD for the Asian Development Bank's project on "Mitigating the Impact of COVID-19 through Community-Led Interventions." The project's goal is to support the implementation of measures to prepare for and respond to needs arising from the coronavirus disease (COVID-19) by civil society organizations (CSOs), including community-based organizations and nongovernment organizations (NGOs).

The technical assistance will supports civil society organizations (CSOs) to provide services in three areas: (i) community-based mitigation and prevention activities; (ii) social protection for vulnerable communities, including elderly care; and (iii) economic support for those with livelihoods affected by COVID-19.

Other financiers include the Japan Fund for Prosperous and Resilient Asia and the Pacific providing $ 2 million USD, the Republic of Korea e-Asia and Knowledge Partnership Fund providing $ 750,000 USD, and the Regional Cooperation and Integration Fund providing $730,000 USD.

📚 Sources & References

Regional : Mitigating the Impact of COVID-19 through Community-Led Interventions Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.

All Grantees

Asian Development Bank (ADB)

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