Promoting the Inclusion of Conflict-Affected Iraqi Youth (WB-P161654)

Countries
  • Iraq
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
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
May 13, 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.
Borrower
Government of Iraq
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 2.75 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 Dec 5, 2017

Disclosed by Bank Jan 4, 2017


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Project Description
The development objective of Promoting the Inclusion of Conflict-Affected Iraqi Youth Project for Iraq is to promote the social and economic inclusion of at least 3,000 conflict-affected Iraqi youth (ages 15-29) through engagement in entrepreneurship and youth-led community development activities. To achieve its objective, this project will pilot locally based approaches that address youth’s social and economic vulnerabilities through the provision of: (i) soft skills training and psychosocial support;(ii) trainings and grants for youth-led community development activities; and (iii) business development training, grants for youth business start-up/expansion, and post-grant mentorship. The project is consistent with the Performance and Learning Review (PLR) for the period 2013-2016, which updated the Country Partnership Strategy to reflect changed country circumstances and with a view to countering violence, extremism, and instability. It is also in line with Iraq's 2013-2017 National Development Plan (NDP). This project will complement Bank-financed operations by enhancing the peacebuilding contributions of the Emergency Operation for Development Project (EODP). The EODP supports the reconstruction and rehabilitation of infrastructure and government services at local level in areas recently recovered from Islamic State of Iraq and Syria's (ISIS) control.
Investment Description
  • World Bank (WB)
Contact Information
Name: Ministry of Youth and Sports Contact: H.E. Abed Al-Hussein Abed Al Rida Abttan Title: Minister Tel: +9647727242800 Email: myouthsports@gmail.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.