Pacific Islands Regional Oceanscape Program - Kiribati (WB-P165821)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • Kiribati
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
B
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
Mar 12, 2020
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.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 15.00 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)
$ 15.00 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.
Primary Source

Original disclosure @ WB website

Updated in EWS Jul 13, 2023

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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 Pacific Islands Regional Oceanscape Program Project is to improve management of selected fisheries and seafood safety in the recipient’s territory. This project has four components. 1) The first component, Strengthening Monitoring, Control and Surveillance of Large-Scale Oceanic Fisheries, has the following two sub-components: (i) Strengthening Monitoring, Control and Surveillance Capacity; and (ii) Investing in Improved Monitoring, Control and Surveillance (MCS) Enforcement. 2) The second component, Diversifying Marine-Based Revenue Streams for Outer Island Coastal Communities, aims to strengthen coastal community participation in new and existing sustainable marine-based revenue streams in the Gilbert and Line Islands in support of the Kiribati Fisheries. 3) The third component, Improving Seafood Toxicology and Safety Measures in Selected Fisheries, aims to finance a core set of technical assistance (TA) and civil works designed to reduce the risk of contaminated seafood and seafood products from entering domestic and international markets. 4) The fourth component, Delivering Effective Project Management, aims to provide operational and technical assistance to the Project Management Unit and Ministry of Finance and Economic Development on Project management and implementation, including planning, reporting and auditing.

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 Team Leader
Cary Anne Cadman

*No contact information available at the time of disclosure. 

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