Coral Reef Rehabilitation and Management Program- Coral Triangle Initiative (COREMAP-CTI) (WB-P127813)

Countries
  • Indonesia
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
B
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
Jun 16, 2017
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 INDONESIA
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 Amount (USD)
$ 47.38 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)
$ 53.08 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 1, 2017

Disclosed by Bank Aug 2, 2012


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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.
The objective of the Coral Reef Rehabilitation and Management Program - Coral Triangle Initiative (COREMAP-CTI) Project for Indonesia is to institutionalize the COREMAP approach of a viable, decentralized and integrated framework for sustainable management of coral reef resources, associated eco-systems and bio-diversity for the welfare of the communities in seven selected districts of five provinces in the country. The project consists of the following components: 1) institutional strengthening for decentralized coral reef management; 2) development of ecosystem-based resources management; 3) strengthening sustainable marine-based economy; and 4) project management, coordination and learning. The first component seeks to institutionalize the COREMAP approach and provide support for policy and legal framework development through the following sub-components: strengthening and expansion of the COREMAP approach; support for robust ecological and socioeconomic monitoring; strengthening surveillance of coastal ecosystems; and, strengthening technical capacity. The second component improves management of national and district Marine Conservation Areas (MCAs) and creates enabling conditions for sustainable use of the surrounding production seascape through the following activities: support preparation of zoning plans; application of integrated coastal management; management effectiveness of MCAs; sustainable fisheries management in selected fisheries management areas; and, piloting community rights-based approach. The third component supports the development of sustainable, ecosystem-based marine enterprises that reinforce links between healthy marine ecosystems and economic benefits, and creates an economic basis to sustain COREMAP local institutions through: creation of basic infrastructure; and, a pilot program to test the development of sustainable enterprise alliances.
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.
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.

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