Lebanon Municipal Investment Program (WB-P166580)

Countries
  • Lebanon
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
Proposed
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
Sep 2, 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 Lebanon
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
  • 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)
$ 100.00 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)
$ 100.00 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 Feb 13, 2019

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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.

According to bank documents, the proposed overarching objective is to (i) expand long-term, sustainable financing options for municipal infrastructure investments, and (ii) improve municipal service standards in secondary and tertiary cities. The objective for SOP I (US$100 million, 2019-2022) is to (i) improve access to municipal services for host communities and displaced persons in participating tertiary cities; and (ii) develop capacity to mobilize and absorb infrastructure financing. The Project Development Objective (PDO) for SOP II ($50 million, 2022-2026) is to (i) address the municipal infrastructure and service delivery deficits in participating secondary and tertiary cities; and (ii) mobilize private sector financing for municipal service provision.

LMIP will work on two tracks to support participating municipalities in reducing their infrastructure and service delivery gap. First, in the short-term, and in coordination with other donor partners, it will provide immediate financing support to LMIP-targeted host communities in tertiary cities. This urgent and immediate intervention could complement and possibly trigger private investment in some cases. Second, LMIP will support the Government in establishing an enabling environment for municipal PPPs that will help leverage private sector investment and participation in the delivery of municipal infrastructure and services.

Within a total financing package of $150 million (SOP I and SOP II), LMIP SOP I would require $100 million and be structured around the following components:

  1. Municipal Infrastructure Investments (US$85 million). This component would be a first-tier response to the municipal infrastructure and service delivery deficit, which was exacerbated by the Syrian crisis. It will enable the financing of priority investments to bolster municipal service capacity in up to ten participating municipalities that are host communities to a large number of displaced Syrians.
  2. Municipal PPP Enabling Environment (US$12 million). This component would be designed to lower the risk and increase the attractiveness for investment and partnership with the private sector in municipal PPPs and infrastructure service provision.
  3. Component 3. Project Management Costs (US$3 million). The Council for Development and Reconstruction (CDR) would be the implementing agency for LMIP and this component would provide CDR with the means to retain qualified and competent consultants necessary to oversee effective implementation and monitoring of the LMIP.
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:
Sateh Chafic El-Arnaout
Lead Urban Specialist

Borrower:
Ministry of Finance
Implementing Agencies
Council for Development and Reconstruction (CDR)
Mr. Nabil El Jisr
President
njisr@cdr.gov.lb 

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