Engaging Private Sector for Green Growth in the Lake Victoria Basin Project (WB-P161265)

  • Africa
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
Bank Risk Rating
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
Sep 28, 2017
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.
The holder of the loan, grant, or other investment.
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 3.65 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 Oct 2, 2017

Disclosed by Bank Feb 23, 2017

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Project Description
Proposed Development Objective(s) To enhance private participation in resource-efficient and cleaner production and sustainable land management within the Lake Victoria Basin Key Results The project aims to expand the success of the Resource Efficient and Cleaner Production (RECP) pilot program, leveraging successful partnerships to bring in new elements, such as sustainable supply chains and industrial symbiosis which are expected to play a major role in the scale-up of sustainable land management within the basin (as many of the local industries are agro-processors) and the joint adaptation and mitigation impacts that accompany it. This would provide a platform for expanding private sector engagement in the possible next phase of LVEMP, or otherwise inform LVBC and RECP programs that may be supported from other sources in future.
Investment Description

Contact Information
Name: Lake Victoria Basin Commission Contact: Raymond J. Mngodo Title: Regional Project Coordinator Tel: 254-57-2026894 Email: mngodo@lvbc.org 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.