Second Programmatic Energy and Water Sector Reforms DPL (WB-P160236)

Countries
  • Jordan
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 1, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Ministry of Finance
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 225.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 250.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 14, 2017

Disclosed by Bank Aug 1, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
The development objective of the Second Programmatic Energy and Water Sector Reforms Development Policy Loan (DPL) Project for Jordan is to improve the financial viability and increase efficiency gains in the energy and water sectors in Jordan. The policy program supported by the DPL will be structured around two pillars: (i) improving the financial viability of the electricity and water sectors, and (ii) increasing efficiency gains in the energy and water sectors. The operation also builds on a strong record and ownership by the government in implementing policy reform programs in the water and energy sectors supported by the programmatic DPL series, while recognizing the increasing challenges faced by Jordan in sustaining these reforms while coping with the impacts of the Syrian refugee crisis. This operation is benefiting from concessional financing approved by a newly established concessional financing facility (CFF) to address the needs of middle-income countries hosting large numbers of refugees. This DPL provides additional support and incentives to maintain progress on these already challenging agendas so as to avoid trading off future fiscal and sector resiliency against the immediate demands of accommodating the Syrian refugees.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
PROJECT CONTACTS Contact: Caroline van den Berg Title: Lead Water Economist Tel: (202) 473-8121 Email: cvandenberg@worldbank.org Location: Washington D.C., USA Contact: Mikul Bhatia Title: Senior Energy Economist Tel: (202) 473-0957 Email: mbhatia@worldbank.org Location: Washington D.C., USA Borrower Contact: H.E. Dr. Saleh Kharabsheh Title: Secretary General, Ministry of Planning and International Cooperation Email: saleh.kh@mop.gov.jo ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

How it works

How it works