Multi-sector Investment Planning for Climate Resilience (WB-P158987)

Countries
  • Ethiopia
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
C
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
Oct 5, 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 and Economic Cooperation, Federal Democratic Republic of Ethiopia
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 1.50 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 Sep 24, 2017

Disclosed by Bank Apr 19, 2016


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Project Description
The Project Development Objective is to support Ethiopia’s effort to develop a programmatic multi-sector investment plan (MSIP) for climate resilience in key sectors. Responding to MOFEC’s 2015 request to the CIF, this small recipient-executed grant would begin with forest and agriculture sectors which also takes into consideration activities in livestock, water resources, irrigation, and energy as pertaining to resilient landscapes.
Investment Description
  • World Bank (WB)
Contact Information
Borrower/Client/Recipient Name: Ministry of Finance and Economic Cooperation, Federal Democratic Republic of Ethiopia Contact: Fisseha Aberra Title: Director, International Financial Institutions Cooperation Tel: 251111113247 Email: faberra@mofed.gov.et Implementing Agencies Name: Ministry of Finance and Economic Cooperation Contact: Admasu Nebebe Title: Director, UN Agencies and Regional Economic cooperation Tel: 251-11-1116751 Email: admasunebebeg@yahoo.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.