Drought Early Warning, Finance, and Action Project (WB-P173387)

Countries
  • Afghanistan
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
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
Aug 31, 2020
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
Government of Afghanistan
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • 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, etc.
Investment Amount (USD)
$ 150.00 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)
$ 200.00 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 May 18, 2020

Disclosed by Bank Apr 6, 2020


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Project Description

According to the bank's documents, the proposed project aims to "increase the food andnutrition security of the most vulnerable households living in water-scarce, rural areas and enhance their near-term resilience to drought. The project will support the strengthening of the capacity of the Government of Afghanistan to improve early warning, preparedness, and drought risk mitigation by using weather information-based decision support for financing of relief, response and advance actions that help mitigate the impact of drought on farmers, pastoralists and vulnerable communities."

Investment Description
  • World Bank (WB)

Co-financing:
Afghanistan Reconstruction Trust Fund US$ 50 million

Contact Information

World Bank
Endashaw Tadesse Gossa, Arati Belle, Samantha Jane Cook
Sr Social Protection Specialist

Borrower/Client/Recipient
Islamic Republic of Afghanistan

Implementing Agencies
Ministry of Finance
Mohammad Humayon Qayoumi
Minister of Finance
tamas@mof.gov.af

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: https://www.inspectionpanel.org.