SL Supplemental Financing for the PTSC-I (WB-P165639)

Countries
  • Sierra Leone
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
Active
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
Nov 30, 2017
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
MINISTRY OF FINANCE AND ECONOMIC DEVELOP
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 10.00 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)
$ 10.00 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 Feb 12, 2018

Disclosed by Bank Oct 31, 2017

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.

The development objective of the First Productivity and Transparency Support Credit Project for Sierra Leone is to estimate the damages and losses related to the landslide and flooding and to make preliminary estimations of the recovery needs. The WBG, with funding from the Global Facility for Disaster Reduction and Recovery (GFDRR), is also supporting the country to strengthen its capacity for disaster management. An on-going project9 supports GoSL to strengthen its policies and programs on Disaster Risk Reduction (DRR) through mainstreaming activities related to the country’s climate resilience and disaster risk mitigation priorities. The project aims to: (i) strengthen institutional capacity and consensus building for DRR, including synchronization of programs towards DRR preparedness and responsiveness; (ii) enhance DRR programs through development of tools (e.g. flood hazard identification; vulnerability analysis) for disaster preparedness that encourage community participation, including affected households; and (iii) build the knowledge base for disaster risk management (DRM).The Productivity and Transparency Support Credit (PTSC) series supports reforms to increase productivity and improve transparency. The aim of the series is to contribute to the Government’s objective of achieving sustainable and inclusive economic development through: (i) increasing productivity in selected economic sectors and (ii) improving transparency and accountability in selected government decision making processes. The program covers six policy areas, namely: agriculture and land, fisheries, energy, education, procurement, and asset disclosure. Financing provided through the operations supports the maintenance of adequate fiscal framework and helps to absorb shocks without impeding the provision of basic public services.

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.
Contact: Mamadou Ndione
Title: Senior Economist
Tel: (202) 4582464
Fax: (202) 473 8368
Email: mndione@worldbank.org

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