Second Additional Financing Infra & Instit Emergency Recovery (WB-P156049)

Countries
  • Haiti
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
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
Nov 10, 2016
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
MINISTRY OF FINANCE
The holder of the loan, grant, or other investment.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment 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 Jun 22, 2017

Disclosed by Bank Mar 2, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
The development objective of the Infrastructure and Institutions Emergency Recovery Project for Haiti is to support Haiti in its sustainable recovery efforts from the effects of the Emergency, through selected interventions aiming to rebuild key institutions and infrastructure. The second additional grant will finance new activities aimed at supporting governance and public financial management, which is a critical need in the context of the current emergency, as well as complete ongoing road rehabilitation works. The resources will also cover the financing gap due to the depreciation of the special drawing right allocation. This additional financing will also support the rehabilitation of the road between Cap Haitian and Labadie under component two of the parent project. This project is rated "A" for environmental and social concerns related to waste and debris management, air pollution control issues from debris processing, worker safety issues, and issues related to erosion control.
Investment Description
  • World Bank (WB)
This project will provide a grant from the International Development Association for an additional US$2.8 million to support the Infrastructure and Institutions Emergency Recovery Project for Haiti. The additional financing (AF) will also involve a level two project restructuring, which will include: (i) an extension of the closing date of the project by 12 months, from December 31, 2016 to December 31, 2017, to allow for the completion of additional activities deriving from the recently adopted reform action plan. (ii) dropping the Électricité d'Haïti (power utility) financial statements audit (now covered by the International Development Association (IDA) - financed Rebuilding Energy Infrastructure and Access Project), the backup of the Central Bank payment system network and the civil service census; these freed resources will remain to cover new activities stemming from the PFMRAP and the public investment management action plan; (iii) dropping the rehabilitation of aviation safety equipment, works for the rehabilitation of the road between Milot and Cap Haïtien, and mineral extraction, all under component two, due to shifting government priorities and use of domestic resources for these activities.
Contact Information
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.