Oromia National Regional State Forested Landscape Program (WB-P156475)

Countries
  • Ethiopia
Where the impacts of the investment may be experienced.
Specific Location
Oromia Region
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
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
Mar 17, 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
Ministry of Finance and Economic Cooperation
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Finance
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Fund
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 18.00 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)
$ 18.00 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 Oct 12, 2017

Disclosed by Bank Oct 1, 2015


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Project Description
This project finances sustainable forest management and investment in the Oromia Region through two components: i) complementary activities to improve the effectiveness and impact of institutions, incentives, information, and safeguards management at state and local levels, and ii) emissions reductions payments.
Investment Description
  • World Bank (WB)
This project is funded by the World Bank's Biocarbon Technical Assistance Trust Fund.
Contact Information
Borrower/Client/Recipient Name: Ministry of Finance and Economic Cooperation Contact: Fisseha Aberra Title: Director Email: faberra@mofed.gov.et Implementing Agencies Name: Ministry of Environment, Forest and Climate Change Contact: Dr. Gemedo Dalle Title: Minister Email: eenvironment@gmail.com 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.