π Tender Overview
STATUS
Approved
MEMBER
Cambodia
SECTOR
Water
E&S CATEGORY
Category A
PROJECT NUMBER
000452
FINANCING
APPROVED FUNDING
USD100 million
FINANCING TYPE
Sovereign
TIMELINE
CONCEPT REVIEW
May 3, 2023
APPRAISAL REVIEW/FINAL REVIEW
March 27, 2025
FINANCING APPROVAL
June 11, 2025
OBJECTIVE
The Project objective is to support the Government of Cambodia (GoC) to increase irrigation service efficiency, strengthen climate adaptive capacity against extreme weathers, and improve productivity of smallholder farmers and vulnerable rural communities in four provinces of Cambodia.
DESCRIPTION
The Project, led by Cambodiaβs Ministry of Water Resources and Meteorology (MoWRAM), aims to strengthen climate resilience in the countryβs agriculture sector by improving irrigation, promoting sustainable farming, and building institutional capacity. The Project will (i) apply climate adaptation solutions and sustainable water-use practices to increase irrigation efficiency at the farm and scheme level; (ii) rehabilitate and upgrade irrigation facilities to increase water availability in the dry season, improve flood-protection and drainage to reduce flood risks in the wet season; and (iii) facilitating project management activities to ensure high-quality project implementation. The Project is co-financed in parallel by Asian Infrastructure Investment Bank (AIIB), the International Fund for Agricultural Development (IFAD), and the Green Climate Fund (GCF), with AIIB serving as the lead co-financier and IFAD administering GCF-financed components. Counterpart funding will be provided by the Government of Cambodia (GoC). The Project components are:
Component 1. Farm-level Climate Adaptation and Resilience
Component 2. Upgrading and Climate-proofing Water Infrastructure for Increased Resilience
Component 3. Strengthened Institutional and Regulatory Capacity for Low-emission Climate-resilient Development Pathways
The Project is implemented in four (4) provinces of Cambodia (Kampong Speu, Kampong Chhnang, Kandal, and Pursat provinces). It is anticipated that the Project would directly benefit about 562,000 rural people by enhancing the resilience of smallholder farmers to climate change. In this Project, AIIB finances the following: (i) subcomponent 2.1: Rehabilitate and upgrade irrigation systems, including gravity-fed and solar-powered solutions, to enhance water availability and improve efficiency; and (ii) subcomponent 3.4: Project management and monitoring with a focus on strengthening PMU capacity and undertaking monitoring and evaluation activities.
ENVIRONMENTAL AND SOCIAL INFORMATION
Applicable Policy and Standards. The Project will be governed by different ES policies. AIIBβs Environmental and Social Policy (ESP), including the Environment and Social Standards (ESSs) and the Environmental and Social Exclusion List (ESEL), will apply to the AIIB parallel financed Subcomponent 2.1 and to the joint co-financed Component 3.4 in which AII