Dominica Geothermal Risk Mitigation II Project (WB-P179845)

Regions
  • Latin America and Caribbean
Geographic location where the impacts of the investment may be experienced.
Countries
  • Dominica
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
Active
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
Jan 24, 2024
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 Commonwealth of Dominica
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Fund
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 38.50 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)
$ 97.65 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 Feb 27, 2024

Disclosed by Bank May 30, 2023

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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.
<section id="development-objective" class="ng-tns-c2-0 ng-star-inserted">The Project Development Objective is to integrate geothermal electricity capacity and strengthen the resilience of the national grid in Dominica.<br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /> <div class="row full-row-white-components"><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /> <div class="container"><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /> <div class="row"><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /> <div class="col-lg-10 col-md-12 col-xs-12"><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /> <div class="redesign_static_content section">&nbsp;</div> </div> </div> </div> </div> </section>
People Affected By This Project
People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.

The Social Risk Rating is considered Moderate due to the ESS5 impacts which are anticipated to be small-scale and are not expected to involve the physical displacement of people.
The environmental risk rating is considered Substantial due to (i) the anticipated occupational and community health and safety risk during construction (e.g. working at heights and difficult terrain); (ii) traffic management issues related to transporting equipment and materials through residential areas and narrow winding roads; (iii) potential impacts on biodiversity including the possibility of bird collisions; and (iv) institutional capacity of DGDC to supervise and monitor the DGRMP (which has a Substantial E&S risk rating) and DGRMP II if both are implemented simultaneously.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

SUMMARY

Total Operation Cost 97.65
Total Financing 97.65
of which IBRD/IDA 38.50
Financing Gap 0.00

DETAILS

World Bank Group Financing
International Development Association (IDA) 38.50
of which IDA Recommitted 7.50
IDA Credit 38.50
Non-World Bank Group Financing
Commercial Financing 17.00
Unguaranteed Commercial Financing 17.00
Other Sources 40.00
Caribbean Development Bank 30.00
Private Commercial Sources (identified) 10.00
Counterpart Funding 1.90
Borrower/Recipient 1.90
Trust Funds 0.25
Canada Clean Energy and Forest Climate Facility Trust Fund 0.25


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.

Dominica Geothermal Development Company

Rita Destouches-Edmund

PO Box 1454 18 Kennedy Avenue Roseau Commonwealth of Dominica Ph +1 767 448-6178/79

17674486178

transmissionepc@geodominica.com

www.geodominica.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