Sustainable Enterprise Project (WB-P163250)

Regions
  • South Asia
Where the impacts of the investment may be experienced.
Countries
  • Bangladesh
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 29, 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 People's Republic of Bangladesh
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 110.00 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)
$ 130.00 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 Mar 29, 2019

Disclosed by Bank Jul 18, 2017


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

Project Description

According to the website of the World Bank, the development objective of the project is to increase adoption of environmentally sustainable practices by targeted microenterprises in Bangladesh. 

The project consists of the following four components:

Component 1: Supporting environmentally sustainable microenterprises
Component 2: Enhancing service facilities and enabling systems
Component 3: Institutional and individual capacity development and raising awareness
Component 4: Project management, monitoring and evaluation, and knowledge management

Investment Description
  • World Bank (WB)
Contact Information

World Bank
Nadia Sharmin, Suiko Yoshijima
Senior Environmental Specialist

Email and telephone contacts were not disclosed.

Borrower/Client/Recipient
Government of Bangladesh

Implementing Agencies
Palli Karma-Sahayak Foundation (PKSF)
Md. Abdul Karim
Managing Director
akarim52@yahoo.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.