Mining Sector Capacity Building Add (WB-P160917)

Countries
  • Cameroon
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
U
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 23, 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
Government of Cameroon
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Mining
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 26.90 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)
$ 26.90 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Feb 26, 2019

Disclosed by Bank Jan 17, 2017

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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 rationale for Additional Financing is both to cover costs overrun and scale up selected activities for Mining Sector Capacity Building Project (PRECASEM). The Development Objective of this US$ 30 million IDA-financed operation is to improve (i) the efficiency and transparency of mining sector management and (ii) the frameworks for sustainable mining development.
Component 1. Access to Mineral Resources and Governance of Mining Operations.
The main objective of this component is to address fundamental impediments to providing access to mineral resources and managing mining operations in an efficient and transparent manner, and under frameworks that comply with sustainable development principles. To achieve this, the project will support the following: A.1 Program of Geo-data Acquisition, Organization, and Promotion (extension) A.2 Management of Mineral Rights and Operations A.3 Transparency and Accountability in the Mining Sector
Component 2. Integration of Mining into Local and Regional Development. The main objective of this component is to improve the integration of mining operations into local and regional development. The additional financing introduces the following changes. 1. Support to Artisanal Mining Formalization 2. Coordination between Mines, Forests, and Environment Stakeholders 3. Local and Regional Linkages and 4. Framework for Mining Infrastructure Development.

The parent project is Cameroon Mining Sector Technical Assistance Project (P122153)

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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How it works