Madagascar - Africa Disaster Risks Financing Progamme (ADRIFI) (AFDB-P-MG-HZ0-001)

Countries
  • Madagascar
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
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
May 30, 2019
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
Government of Madagascar
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
  • 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)
$ 2.08 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 @ AFDB website

Updated in EWS Sep 10, 2020

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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 bank documents, the Africa Disaster Risks Financing Programme (ADRiFi) will reinforce Madagascar's disaster risks management (DRM) efforts through the establishment of an effective early warning system, a contingency plan and national response mechanisms adapted to the country, as well as provide an immediate, more economical and effective response to drought. ADRiFi will build Madagascar's capacity in disaster risk assessment, early warning systems and contingency plans, and support the country's participation in the sovereign risk transfer mechanism of the African Risk Capacity (ARC). In-depth preparedness will enable the country to rapidly deploy funds based on pre-approved disaster contingency plans, thus securing the environment for small-scale farmers and the livelihood of rural dwellers in the event of drought. The programme targets areas of the country that are vulnerable to risks of disasters related to tropical cyclones, floods and drought. Due to the drought risk coverage provided by the ARC as part of the programme, the programme's target area is the "Great South" of Madagascar because of its high vulnerability to drought. The ADRiFi programme has three components: (i) developing climate risk management solutions; (ii) Supporting access to disaster risk transfer solutions; and (iii) Programme management and coordination. The programme covers a 5-year period (2019-2023) and will cost UA 3.29 million.

The programme has the following specific objectives: (i) build Madagascar's capacity to assess the risks and costs of climate hazards, particularly drought, and develop subsequent adaptation measures at national and subnational level; and (ii) provide rapid-response funding (including disbursement of emergency funds) to address climate hazards at national and local levels.

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.

NARTEY Cecil
c.nartey@afdb.org 

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/ 

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How it works