Integrated Risk Management in the Rural Agroindustrial System (WB-P162316)

Countries
  • Argentina
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
May 24, 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
Government of Argentina
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 150.00 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)
$ 187.50 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 23, 2019

Disclosed by Bank May 12, 2017


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Project Description

According to the bank, the development objective of the Integrated Risk Management in the Rural Agroindustrial System Project for Argentina is to improve the management of agricultural risks by eligible beneficiaries and selected public institutions. The project comprises of four components. The first component, strengthening agro-climatic information systems consists of following sub-components: (i) development of tools and systems; and (ii) institutional capacity development. The second component, agricultural risk mitigation investments will support vulnerable family farmers (and the agro-industrial sector as a whole) in mitigating agricultural risk through the preparation and implementation of regional (interprovincial) agricultural value chain risk strategies (AVCRSs) and provincial integrated agricultural sector risk management plans (PARMPs). It consists of following sub-components: (i) institutional strengthening for the integrated management of agricultural risk; (ii) public investments; and (iii) adoption of climate-smart agriculture (CSA) technologies. The third component, agricultural emergency response financing and transfer of agro-climatic risks aims to improve the operation of the agricultural emergency system at the national and provincial levels to cover larger numbers of family farmers. The fourth component, project coordination, monitoring, and evaluation provides support to Ministry of Agroindustry (MAI), through General Directorate of Sectoral and Special Programs and Projects (DGPPSE), for: (i) project coordination and management; (ii) monitoring, results evaluation, and assessment of project activities; (iii) project fiduciary administration, internal controls, and audits; (iv) project environmental and social risk and safeguard management; (v) a citizen engagement mechanism and grievance redress mechanism; and (vi) project-related studies.

Investment Description
  • World Bank (WB)

There was no information at the time of the snapshot. 

Contact Information

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.