India: Resilient Kerala Program for Results (AIIB-000463)

  • India
Where the impacts of the investment may be experienced.
Specific Location
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Government of India
The holder of the loan, grant, or other investment.
  • Climate and Environment
  • Education and Health
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 125.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 125.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Jan 29, 2021

Disclosed by Bank Jan 15, 2021

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Project Description

According to the bank's documents, the proposed project aims to "support implementation of the two key government programs –the Rebuild Kerala Development Program (RKDP) and the State Health Mission (SHM). The Program will specifically support two Results Areas: (i) Strengthened institutional capacities and systems for managing shocks from climate change, natural disasters and disease outbreaks; and (ii) Demonstrating integrated approaches to multi-dimensional resilience at the local level.As a subset of the government programs, the boundaries of the PforR have been defined to include the following high priority sectors -Health, Road, Urban, Water Resource Management, Agriculture, Disaster Risk Financing and Insurance, Disaster Risk Management(DRM),and FiscalandGovernance."

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)

World Bank (Loan) US$ 125 million

Contact Information

Toshiaki Keicho, Sr. Investment Operations Specialist (Urban)
World Bank
Elif Ayhan and Balakrishna Menon Parameswaran
Co-Task Team Leaders,
Prasanna V. Salian
Deputy Secretary, Department of Economic Affairs, Ministry of Finance

Implementation Organization/Sponsor
Mr. Rajesh Kumar Singh
Additional Chief Secretary, Finance Department, Government of Kerala


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