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

Countries
  • Indonesia
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
Bank Risk Rating
B
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.
Voting Date
Jun 16, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
GOVERNMENT OF INDONESIA
The holder of the loan, grant, or other investment.
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, converted to USD$. 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, converted to USD$. Please see updated project documentation 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
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
  • World Bank (WB)
Contact Information
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