Natural Resources Governance Project in CAR (WB-P161973)

Countries
  • Central African Republic
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
B
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
Mar 12, 2018
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
Ministry of Economy, Planning and Cooperation
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Mining
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 10.00 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)
$ 10.00 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 Feb 27, 2019

Disclosed by Bank Jul 25, 2017


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Project Description

The development objective of the Natural Resources Governance Project for Central African Republic (CAR) is to improve governance and strengthen capacity in the forest and mining sectors in the Central African Republic. The project comprises of five components. The first component, institutional support: strengthen the fiscal and governance framework of the forest sector will support the forestry administration in its efforts to identify and implement practical measures to improve the forestry sector’s tax collection and redistribution system. The second component, local development: support forest communities in planning and financing their development priorities will support 11 forest communities in the country’s southwest in identifying, planning, and financing development actions in an inclusive and participatory manner, with all the stakeholders concerned. The third component, technical assistance: improve mining sector policies and institutional governance focuses on improvements to the regulatory and institutional framework governing mining in the CAR. The fourth component, local development: formalization of the artisanal mining sector will implement critical formalization activities for artisanal mining operations. The fifth component is project management, contingencies, and overheads. 

Investment Description
  • World Bank (WB)
Contact Information
Ministry of Water, Forests, Hunting and Fisheries (MWFHF)
Yves Yalibanda
Director of cabinet
yvesyalibanda@yahoo.fr
 
Minsitry of Mines and Geology (MMG)
Jules Cesaire YAGANZA
Directeur du Departement
Techniques Industrielles et Exploit
legrand_cesar@yahoo.fr

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.