Productive Safety Net 4 Project Additional Financing (WB-P163350)

Countries
  • Ethiopia
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 2, 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
Federal Ministry of Finance and Economic Cooperation
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
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)
$ 108.10 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)
$ 108.10 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 13, 2017

Disclosed by Bank Apr 6, 2017


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Project Description
The development objective of Fourth Productive Safety Net Project for Ethiopia is to increase access to effective safety net and disaster risk management systems, and complementary livelihood and nutrition services for food insecure households in rural Ethiopia. This project requires second additional financing to scale up the project activities in response to the prolonged drought in Ethiopia. This project has three components. 1) The first component, Social Protection and Disaster Risk Management Systems, aims to support the social protection and DRM systems which will include strengthening the targeting of the program, putting in place a national household registry, improving the management information system (MIS), early warning triggers and response mechanisms, and capacity development. 2) The second component, Productive Safety Net Transfers and Links to Livelihoods Services, has the following three subcomponents: (i) safety net transfers to chronically food insecure households and support to a scalable response mechanism for transitory needs; (ii) sustainable community assets and human capital investments; and (iii) enhanced access to complementary livelihoods services for client households through crop and livestock production, off-farm income-generating activities, and labor or employment linkages. 3) The third component, Institutional Capacity Building and Project Management Support, aims to support sustainable capacity development and institutional strengthening to implement the project. The parent project is the ET Productive Safety Nets Project 4 (PSNP 4) (P146883)
Investment Description
  • World Bank (WB)
Contact Information
Borrower/Client/Recipient Name:Federal Ministry of Finance and Economic Cooperation Contact:Fisseha Aberra Title:Director, Intl Financial Inst Cooperation Directorate Email: faberrak@gmail.com . Implementing Agencies Name:Ministry of Agriculture and NAtural Resources-ET Contact: Berhanu W/Michael Title:Director, FS Coordination Directorate Email: berhanuw@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.