Disaster Risk Management and Reconstruction Additional Financing (WB-P163199)

Countries
  • Haiti
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
Jun 8, 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 Haiti
The holder of the loan, grant, or other investment.
Sectors
  • Humanitarian Response
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 20.00 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)
$ 100.00 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 Aug 10, 2017

Disclosed by Bank Mar 1, 2017


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Project Description
From the World Bank: The objective of the Additional Financing for the Disaster Risk Management and Reconstruction Project for Haiti is to support the Recipient in improving disaster response capacity and enhancing the resiliency of critical transport infrastructure. The AF will significantly expand the scope and impact of the parent project by scaling up activities under all components of the project to support post-Hurricane Matthew recovery and reconstruction in the most affected departments of Haiti. Management underlined that funding from ongoing projects was mobilized to respond to immediate needs in the affected areas and providing funding in the form of grants for the above-mentioned package, consisting of four additional financing operations in the Transport and Disaster Risk Management (DRM) sectors, the Health Sector, the Water Sector, and the Agricultural Sector to be financed from the Crisis Response Window.
Investment Description
  • World Bank (WB)
The Additional Financing (AF) will be financed by IDA’s Crisis Response Window (CRW), the first operation in a package of a US$100 million of support from the World Bank to help the Government of Haiti recover and rebuild after Hurricane Matthew, which struck the country on October 4, 2016. This component consists of a US$20 million grant from the World Bank's International Development Association. An estimated US$2.2 billion are needed for reconstruction and rehabilitation.
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.