Oceans for Prosperity Program - LAUTRA Phase 1 (WB-P173391)

Countries
  • Indonesia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Maluku, Nusa Tenggara Timur, and Sulawesi province
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
A
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
May 8, 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
Government of the Republic of Indonesia -Ministry of Finance
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
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)
$ 166.00 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.
Loan Amount (USD)
$ 166.00 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)
$ 200.00 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS May 27, 2020

Disclosed by Bank May 8, 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 the bank document, the project aims "to improve management of fisheries and coastal ecosystems in target fisheries management areas and to improve the livelihoods of target coastal communities. The key results from the project are expected as: 

  • Fisheries management plans and harvest strategies for target fishery management areas implemented (number)
  • People in coastal areas in target provinces with access to diversified income sources (number) (disaggregated by gender26 and geographic areas)
  • Value of ecosystems services provided by coastal and marine ecosystems in target provinces (US$) (as measured by the Natural Capital Accounting approach)."
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

International Bank for Reconstruction and Development (IBRD - World Bank Group Financing) US$ 166.00 million

Borrower/Recipient - Government of the Republic of Indonesia US$ 34.00 million


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 Contact

Name: Andre Rodrigues de Aquino

Senior Environmental Specialist

Borrower/Client/Recipient

Ministry of Finance

Contact: Scenaider Siahaan

Title: Director for Loans and Grants

Email: scenaider@kemenkeu.go.id

Implementing Agencies

1/Ministry of Marine Affairs and Fisheries

Contact: Aryo Hanggono

Title: Director-General of Marine Spatial Planning

Email: danatransfer.phln@kkp.go.id

2/ Ministry of National Development Planning (BAPPENAS)

Contact: Sri Yanti

Title: Director of Marine Affairs and Fisheries

Email: sriyanti@bappenas.go.id

FOR MORE INFORMATION CONTACT
The World Bank
1818 H Street, NW
Washington, D.C. 20433
Telephone: (202) 473-1000
Web: http://www.worldbank.org/projects

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.

How it works

How it works