Strengthening Disaster Risk Management Project (WB-P166302)

Countries
  • Romania
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
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
Jul 24, 2018
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
Ministry of Public Finance
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)
$ 60.48 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 60.48 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)
$ 60.48 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 Sep 11, 2018

Disclosed by Bank Jan 15, 2018


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

Project Description

According to WB website, the project aims to enhance the resilience of critical disaster and emergency response facilities and to strengthen the institutional capacities in investment planning for disaster risk reduction and climate change adaptation. The project comprises of three components:

Component 1. Improving seismic resilience of disaster and emergency response infrastructure

Component 2. Enhancing institutional capacity for risk reduction investment planning

Component 3. Project management

Investment Description
  • World Bank (WB)
Contact Information

Borrower: Ministry of Public Finance
Boni Cucu, Director General
Email Address: boni.cucu@mfinance.gov.ro

Implementing Agency: Ministry of Internal Affairs - Department of Emergency Situations and General Inspectorate for Emergency

Raed Arafat, Secretary of State, Head of Department for Emergency Situations

Email Address: arafatr@smurd.ro

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.