Bangladesh - FIP Investment Plan Preparation Project (WB-P160234)

Countries
  • Bangladesh
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
Nov 16, 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.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.25 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)
$ 0.25 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 31, 2017

Disclosed by Bank Jul 19, 2016


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Project Description
The development objective of the FIP Investment Plan Preparation Project for Bangladesh is to support the preparation of the Bangladesh Forest Investment Plan that meets the criteria of the Forest Investment Program. The proposed financing instrument is a 250,000 dollars grant from the Climate Investment Funds (CIF) through the Forest Investment Program and will be channeled using the procedures for a small (less than $5 million) recipient-executed trust fund (RETF). The bulk of the project activities are expected to be completed within one year (the Investment Plan is expected to be submitted to the June 2017 FIP Committee meeting) but the grant is for two years to allow for completion of residual commitments.
Investment Description
  • World Bank (WB)
Contact Information
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. CONTACTS World Bank Contact: Madhavi M. Pillai Title: Sr Natural Resources Mgmt. Spe Tel: 458-0844 Email: mpillai3@worldbank.org Contact: Tapas Paul Title: Senior Environmental Specialis Tel: 5785+47738 / Email: tpaul@worldbank.org Borrower/Client/Recipient Name: Economic Relation Division, Ministry of Finance Contact: Kazi Shofiqul Azam Title: Mr. Tel: 880-2-9180675 Email: addl-secy2@erd.gov.bd Implementing Agencies Name: Bangladesh Forest Department Contact: Md. Yunus Ali Title: Mr. Tel: 880-2818-1737 Email: ccf-fd@forest.gov.bd