Additional Financing for the Recovery of Economic Activity for Liberian Informal Sector Employment Project (WB-P179035)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Liberia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Greater Monrovia, Montserrado County, Margibi County, and others
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
  • 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 22, 2022
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
Republic of Liberia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Humanitarian Response
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 25.00 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)
$ 25.00 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 Feb 7, 2023

Disclosed by Bank Nov 15, 2022


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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.

According to the World Bank, the objective of this project is to increase access to income earning opportunities for the vulnerable in the informal sector in response to the COVID-19 crisis in Liberia. 

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.

World Bank's Team Leaders:

Mack Capehart Mulbah - Senior Social Protection Specialist
Email address:
mmulbah@worldbank.org

Steisianasari Mileiva - Social Protection Specialist
Email address: smileiva@worldbank.org 
Phone number: +1-202-473-5540

Ministry of Youth and Sports of the Republic of Liberia:

Email address: info@moys.gov.lr
https://www.moys.gov.lr/

Liberia Agency for Community Empowerment:

Address: Executive Mansion Ground, Capitol Hill, Monrovia. Liberia.
Phone number: +231 0886511945 /0777511945 /0886554743

Ministry of Gender, Children, and Social Protection of the Republis of Liberia:

Address: Ministerial Complex, Oldest Congo Town-Monrovia Liberia , Monrovia, Liberia
Phone number: +231 77 780 8145
Email address: gendermedia1@gmail.com

ACCESS TO INFORMATION

To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission

ACCOUNTABILITY MECHANISM OF THE 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. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

How it works

How it works