Disaster Risk Management Development Policy Credit with Cat DDO (WB-P165056)

Countries
  • Malawi
Geographic location 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
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Feb 15, 2019
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Malawi
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 27.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 25.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 21, 2019

Disclosed by Bank Jun 27, 2018

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

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank documents, the proposed operation is designed to strengthen the technical, institutional and financial capacity of the government, while providing immediate liquidity to the country when a disaster strikes. The Program is structured around four pillars with eight prior actions, fully aligned with the Government’s development program. The program, designed under the DPC, is strategic as it attempts to change the country’s DRM focus from emergency response to a more holistic and proactive approach for managing risk ahead of disasters, especially by improving DRM institutional arrangements for more proactive interventions and better coordination among different sectors and levels of government; improving climate and meteorological services; resilience in urban, education, transport and building infrastructure;, as well as scaling up post disaster resources and shock-sensitive safety net programs so that they can benefit the poor and most vulnerable people affected by disasters.

The four Pillars and related Prior actions facilitate policy reforms that will help achieve development outcomes that are already championed by the Government. These include:

  1. Pillar A will focus on strengthening the institutional framework and coordination mechanisms for the implementation of the national disaster and climate resilience agenda.
  2. Pillar B will focus on improving the policy environment for the provision of meteorological services and early warning systems.
  3. Pillar C will focus on increasing climate and disaster resilience in urban development and public infrastructure.
  4. Pillar D will focus on strengthening the social protection mechanisms and the financial capacity of the government to respond to disasters.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

World Bank:
Ana Campos Garcia
Senior Disaster Risk Management Specialist

Borrower:
Ministry of Finance, Economic Planning, and Development
Ben Botolo
Secretary to the Treasury, Ministry of Finance, Economic Pla
bbotolo@yahoo.com

Implementing Agency:
Ministry of Finance, Economic Planning, and Development
Betty Ngoma
Director of Debt and Aid Management Division
betttyngoma@gmail.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.

How it works

How it works