Climate Resilience Improvement Project Additional Financing (WB-P157392)

  • Sri Lanka
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
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
Mar 21, 2016
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.
Government of Sri Lanka
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 42.00 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)
$ 42.00 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.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 1, 2017

Disclosed by Bank Jan 1, 2016

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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 Climate Resilience Improvement Project for Sri Lanka is to reduce the vulnerability of exposed people and assets to climate risk and to improve Government’s capacity to respond effectively to disasters. The additional financing (AF) will help the Government of Sri Lanka (GoSL) to finance the costs associated with the repair and disaster proofing of irrigation, flood control and road infrastructure that were damaged due to extreme rainfall in December 2014. In addition, financing is required to close a financing gap caused by cost escalation of civil works under the parent project. The major change associated with the additional financing is the scale up of component two which will result in revisions to; i) implementation schedule; ii) project costs; iii) annual disbursement estimates; iv) results framework (total outputs, annual output targets, and results indicators); and v) implementation arrangements. In addition, OP/BP 4.37 on safety of dams will be triggered due to the fact that several flood risk mitigation interventions on irrigation and flood control infrastructure will rely upon the performance of the upstream dams and reservoirs which are the direct source of water storage and supply to those infrastructure.
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.
PROJECT CONTACTS World Bank Contact: Suranga Sooriya Kumara Kahandawa Title: Disaster Risk Management Specialist Contact: Marc S. Forni Title: Senior Disaster Risk Management Borrower/Client/Recipient Name: Ministry of Finance Contact: Dr R H S Samarathunga Title: Secretary Email: Implementing Agencies Name: Ministry of Irrigation and Water Resources Management Contact: Mr. R.M.W. Ratnayake Title: Secretary to the Ministry Email: 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 You can learn more about the Inspection Panel and how to file a complaint at:

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How it works