Fiji Post-Cyclone Winston Emergency Development Policy Operation (WB-P159774)

Countries
  • Fiji
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
Canceled
Bank Risk Rating
U
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
Jun 30, 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
GOVERNMENT OF FIJI
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 50.00 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)
$ 50.00 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 Jul 21, 2017

Disclosed by Bank May 9, 2016


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Project Description
The development objective of the Post-cyclone Winston Emergency Development Policy Operation Project for Fiji is to support Fiji’s recovery from the immediate impact of Cyclone Winston through a prioritized and sequenced recovery plan; and (ii) cushion the immediate impact of Cyclone Winston on the most vulnerable through the provision of disaster-responsive social protection. These correspond to the two pillars of the operation. Under the first pillar of the operation, the Government of Fiji (GoF) has completed a comprehensive Post Disaster Needs Assessment (PDNA) , as the basis for preparing a prioritized and sequenced recovery plan. Under the second pillar of the operation, the GoF has provided disaster-responsive social protection to cushion the immediate impact of the cyclone on the most vulnerable, and begun an evaluation of this initiative with a view to informing the design of a disaster responsive social protection framework for future natural disasters. A development policy operation (DPO) was selected to assist Fiji, because of the need for quick-disbursing funds to help Fiji implement its recovery program in the coming fiscal year without crowding out other essential expenditure, because Fiji has the capacity to manage key aspects of its recovery program itself, and because it facilitates the close coordination of financing with the Asian Development Bank that Fiji specifically requested. The GoF has used the PDNA as a basis for formulating a Disaster Recovery Framework (DRF) which sets out a prioritized and sequenced recovery plan for the medium term. The DRF will serve as a strategic management tool for the GoF to plan and implement its recovery effort over the next two years. The GoF has reprioritized budgeted funds in the current fiscal year, to enable it to finance its immediate recovery expenditures in a timely manner,
Investment Description
  • World Bank (WB)
Contact Information
Contact: Ms Makereta Konrote Title: Permanent Secretary of Finance Telephone: +679 330 7011 Email: jnabalarua@finance.gov.fj 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.