Additional Finance BO Rural Alliances Project II (WB-P158532)

Countries
  • Bolivia
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
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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
Apr 13, 2017
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.
Borrower
Plurinational State of Bolivia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Investment Amount (USD)
$ 100.00 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)
$ 129.30 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.
Other Related Projects
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 4, 2017

Disclosed by Bank Aug 12, 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 development objective of the Second Rural Alliances Project for Bolivia is to improve accessibility to markets for small rural producers in the selected areas by: (a) promoting productive alliances between different small rural producer organizations and purchasers; (b) empowering rural producers through the establishment and strengthening of self-managed grass-root organizations; (c) increasing access to productive assets, technology, and financial services; (d) promoting more effective, responsive, and accountable service organizations at the local level; and (e)enhancing environmental sustainability of productive practices. The additional financing (AF) aims to scale up activities to enhance the impact of a project that has proven effective in improving rural income and reducing poverty in Bolivia. The AF will enable the project to reach an additional 27,825 rural households, largely indigenous, via support to approximately 768 new productive alliances. The changes include: (i) revisiting the project’s results framework and monitoring indicators matrix; (ii) expanding the project’s geographic area from 120 municipalities to all 339 municipalities of the country; (iii) the project envisions that approximately 75 percent of the monetary transfers to producers via alliances will be aligned with on-farm irrigation and water use efficiency investments, as well as support to the adoption of other climate-smart practices; (iv) financing about 48 municipal subprojects, with two-thirds of the investments supporting irrigation improvements; (v) triggering of two additional safeguard policies: projects on international waterways, and safety of dams; (vi) adjusting institutional arrangements to add fiduciary responsibilities to the productive and social investment fund (fondo de inversion productiva y social, FPS) in the implementation of sub-component 2.b.
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.
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.

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