Solomon Islands Community Benefit Sharing Pilot Project (WB-P153986)

Countries
  • Solomon Islands
Where the impacts of the investment may be experienced.
Specific Location
Guadalcanal Province
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
Approved
Bank Risk Rating
A
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
Sep 18, 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 Solomon Islands, Ministry of Mines, Energy and Rural Electrification
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 Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Grant Amount (USD)
$ 2.80 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)
$ 2.80 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Oct 20, 2017

Disclosed by Bank Feb 1, 2017


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Project Description
According to IFC document, the Solomon Islands Community Benefit Sharing Pilot (CBSP) Project, supported by a grant from the Japan Social Development Fund (JSDF), aims to introduce and test an innovative approach to sharing the benefits of development projects with project communities. CBSP will be implemented in connection with the Tina River Hydropower Development Project (TRHDP), which is also under preparation. TRHDP is a high priority investment for SIG as it will contribute to a significant reduction in the cost of power and improved reliability of its supply. The objective of CBSP is to establish institutional arrangements and capacity for project communities to effectively manage benefit sharing revenues from TRHDP and improve their basic services and economic opportunities. CBSP is envisaged to consist of four components: Component 1 - Establishment of the Community Benefit Sharing Fund (CBSF) and community capacity building Component 2 - Improving community infrastructure Component 3 - Human resource development Component 4 - Project Management, Administration, Monitoring and Evaluation, and Knowledge Dissemination
Investment Description
  • World Bank (WB)
Contact Information
Team Leaders: Erik Caldwell Johnson, Kosuke Anan No contact information provided at the time of disclosure. 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.