Morocco Integrated Disaster Risk Management and Resilience Program - Additional Financing (WB-P176349)

Countries
  • Morocco
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
May 27, 2021
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 Kingdom of Morocco
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • 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)
$ 130.00 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 Jul 13, 2021

Disclosed by Bank Apr 28, 2021

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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 improve the institutional framework to finance disaster risk reduction activities and strengthen financial resilience to natural disasters for targeted populations in the Program Area. The current project objective indicators of the parent program remain relevant and will be retained; however, the second project objective indicator will be changed as part of a parallel restructuring to facilitate the counting of beneficiaries of structural subprojects compared to beneficiaries of non-structural subprojects.

PDO-1 The FCLN strategic orientation and governance structure are redesigned with a focus on disaster risk reduction

PDO-2 REVISED PDO-2.1: Number of direct beneficiaries of completed and eligible structural risk reduction subprojects

REVISED PDO-2.2: Number of direct and indirect beneficiaries of completed and eligible non-structural risk reduction subprojects 

PDO-3 Minimum number of people in the Program Area insured for bodily injury against catastrophic events

PDO-4 Establishment and operationalization of the FSEC to protect the uninsured

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: Philipp Stefan Petermann
Designation : Disaster Risk Management Specialist
Role : Team Leader(ADM Responsible)
Telephone No: 5220+81106
Email : ppetermann@worldbank.org

Name : Antoine Bavandi
Designation : Senior Financial Sector Specialist
Role : Team Leader
Telephone No : 1-202-569515
Email : abavandi@worldbank.org

Name : Augustin Maria
Designation : Senior Urban Development Specialist
Role : Team Leader
Telephone No : 5360+4290
Email : amaria@worldbank.org

Borrower:
Borrower : Ministry of Economy, Finance and Administrative Reform
Contact : Mr. Fouzi Lekjaa
Title : Director of Budget
Telephone No : 21253677267
Email : internet@finances.gov.ma

Implementing Agencies:
Ministry of Economy, Finance and Administrative Reform
Contact : Mr. Nouaman Al Aissami
Title : Adjoint au Directeur du Trésor et des Finances Extérieures
Telephone No : 212537677267
Email : n.alaissami@tresor.finances.gov.ma

Implementing Agency : Ministry of Interior
Contact : M. Nassif Title : Gouverneur
Telephone No : 00212661349768
Email : anassif@interieur.gov.ma 

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 

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How it works