Yemen Emergency Crisis Response Project - Fifth Additional Financing (WB-P172662)

Regions
  • Middle East and North Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Yemen
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
Closed
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 30, 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.
Borrower
United Nations Development Program
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Humanitarian Response
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 23.56 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.
Grant Amount (USD)
$ 23.56 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)
$ 23.56 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 Jul 31, 2024

Disclosed by Bank Aug 24, 2020

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.

According to bank documents, the original objective was to provide short-term employment and access to selected basic services to the most vulnerable; and preserve existing implementation capacity of two service delivery programs.

The current objective is to provide short-term employment and access to selected basic services to the most vulnerable; preserve existing implementation capacity of service delivery programs; and provide emergency cash transfers to the poor and vulnerable in response to the food crisis.

The proposed AF5 is financed by a US$23.56 million grant funded by the US DoS through the Yemen Emergency MDTF. The grant will be added to Component 3 and will be allocated to the CT subcomponent. The proposed AF5 is financed by a US$23.56 million grant funded by the US DoS through the Yemen Emergency MDTF. The grant will be added to Component 3 and will be allocated to the CT subcomponent. The additional funds will be used to finance PC9, to be delivered in October 2020. Depending on the evolution of the exchange rate, the additional funds could be used to help finance regular benefits in PC9 and/or to finance a benefit top-up in PC9.

In addition to the proposed grant, the Yemen Emergency MDTF has also included in the funding from DFID in the amount of GBP 7 million equivalent toward AF3 (ECT component). Additionally, DFID provided parallel financing to ECT in the amount of US$19 million to top-up benefits in PC8. The US Department of State has provided parallel financing in the amount of about US$9.6 million for ECT-supporting activities, including delivery system activities, capacity building of local institutions, and staffing and operational costs related to ECT. The ECRP is therefore part
of a coordinated multi donor effort of CTs to Yemen.

Component 3: Emergency Cash Transfer (US$472.196 million equivalent). This component targets the SWF beneficiary households (chronic poor) who have been verified for the ECT program with direct cash assistance to improve their purchasing power for food and basic necessities. The proposed AF5 in the amount of US$23.56 million equivalent will be allocated to this component bringing the total allocation to US$472.19 million. Component 3 includes two subcomponents:

Subcomponent 3.1: Cash Transfers (US$23.088 million equivalent): This subcomponent finances quarterly CTs (average benefit of YR 15,000 per household) to households in the SWF beneficiary list (a target of 1.50 million households) so they can purchase food and other basic necessities. The subcomponent also finances the fees charged by the payment agencies contracted by the project to deliver the CTs.

Subcomponent 3.2: Project management and monitoring (PMM) (US$0.471 million equivalent): This subcomponent finances the management, implementation and monitoring and evaluation of the ECT
component. Specifically, under AF5, this subcomponent will finance: UNICEF’s indirect cost and general management.

 

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:
Cristobal Ridao-Cano
Lead Economist

Borrower:
UNDP
Auke Lootsma
Resident Representative
auke.lootsma@undp.org

United Nations Children's Fund (UNICEF)

Implementing Agency:
UNICEF
Sara Nyanti
Representative
sbnyanti@unicef.org 

ACCESS TO INFORMATION

To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission 

ACCOUNTABILITY MECHANISM OF THE 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. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint 

How it works

How it works