Sustainable Rural Economy Program (WB-P174002)

Countries
  • Mozambique
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
U
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
Dec 15, 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 Mozambique
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
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)
$ 250.00 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)
$ 450.00 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 Aug 5, 2020

Disclosed by Bank Jun 30, 2020


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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 project objective is to increase climate resilient productivity and value added by smallholders, fishers, and agri-MSMEs while preserving key ecosystem services in selected regions.

Results Area 1 – Promote sustainable productivity of the agrarian sector: This results area, aligned mainly with PODERS strategic pillars 2, and also 1, 3 and 5, encompasses support to delivering a broader range of services to rural and coastal communities, including (i) promotion of improved input markets to support increased crop yield, (ii) an increased outreach of advisory services on field, coupled with an improved knowledge and capacity of extension agents – with focus on sustainable practices, innovative extension tools (including ICT), and (iii) improved rural infrastructure to boost productivity and reduce postharvest loss and targeting of vulnerable groups. The agrarian sector support will also entail attention to innovative green solutions to infrastructure. It will be ensured that all productive activities are backed by the necessary associated infrastructure, one that is sustainable and built not only to bear the impacts of sudden climatic shocks, but also provides access to greener innovative solutions to connectivity and services.

Results Areas 2 – Development of competitive and sustainable value chains (Indicative envelope US$60 million IDA): This results area, mainly supporting PODERS strategic pillar 5, aims to address the constraints that currently prevent Value Chains (VC) from further developing and expanding. In addition to the needs for improved technical capacity and skills among farmers and adoption of new technologies (also supported through results area 1, DLI 2), this includes to strengthen important VC functions such as financial services, smallholder integration, and strengthened market linkages. The development of business model and plans will be at the core of this activity. The VCs that will be targeted include those to ensure food security in rural areas, and those with export potential, including poultry, rice, maize, soya, cashew nuts, soya, horticulture, planted timber, artisanal fisheries, aquaculture and non-timber forest products.

Results Area 3 – Preserving the provision of key ecosystem services and production landscapes (Indicative envelope US$90 million IDA, US$X million counterpart funding). High value ecosystems are key to support the functioning of production landscapes. Ensuring strong governance of forestry, fisheries and biodiversity resources will avoid depletion of these resources that are crucial to ensure continued productivity of rural economic activities such as agriculture, forestry, fisheries and tourism. This results area, linked to PODER strategic pillar 4, will support i) strengthening the governance, including forest and fisheries patrolling, licensing, and monitoring, and ii) conservation area 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:
Name : Norman Bentley Piccioni
Designation : Senior Agriculture Economist
Role : Team Leader (ADM Responsible)
Telephone No : 5333+2341
Email : npiccioni@worldbank.org 

Name : Franka Braun
Designation : Sr Natural Resources Mgmt. Spec.
Role : Team Leader
Telephone No : 5333+2322
Email : fbraun@worldbank.org 

Borrower:
Borrower : Ministry of Economy and Finance

Implementing Agencies:
Implementing Agency : National Sustainable Development Fund (FNDS)
Contact : Claudio Borges
Title : CEO
Telephone No : 258841846086
Email : claudio.borges@fnds.gov.mz 

Implementing Agency : ProAzul Blue Economy Promotion Fund
Contact : Miguel Langa
Title : CEO
Telephone No : 258853103020
Email : miguelanga@gmail.com 

Implementing Agency : Ministry of Agriculture and Rural Development
Contact : Momade Nemane
Title : International Funds Mobilization Manager
Telephone No : 258843124210
Email : momadenemane@gmail.com 

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