India Climate Change Mitigation Action Support (WB-P162119)

Countries
  • India
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
Proposed
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
Jul 14, 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 India
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 5.20 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 Jan 17, 2019

Disclosed by Bank Jan 27, 2017


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to the bank document, "the Partnership for Market Readiness (PMR) is a grant-based, country-led, capacity-building, multidonor trust fund that provides funding and technical assistance for increasing readiness of countries for introducing cost-effective carbon pricing instruments for Greenhouse Gas (GHG) emissions reduction. The PMR brings together 13 contributing participants and 19 implementing country participants, as well as observer countries, key experts, and other stakeholders. The contributing and implementing country participants constitute the PMR Partnership Assembly (PA), which is responsible for making all decisions in the PMR, including allocation of funding."

Investment Description
  • World Bank (WB)
Contact Information

World Bank
Keisuke Iyadomi, Chandra Shekhar Sinha
Climate Change Specialist


Borrower/Client/Recipient
DEA, Ministry
of Finance, Goverment of India


Implementing Agencies
Ministry of Environment, Forests, and Climate Change
Ravi Shankar Prasad
Joint Secretary
ravis.prasad@nic.in

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 .