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

Countries
  • Malawi
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
Bank Risk Rating
U
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
Feb 15, 2019
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 Malawi
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD)
$ 27.00 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)
$ 25.00 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 Jan 21, 2019

Disclosed by Bank Jun 27, 2018


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Project 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
  • World Bank (WB)
Contact Information

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.