FSM and RMI: Implementation Capacity for Transformative Results (IMPACT) (WB-P506422)

Countries
  • Marshall Islands
  • Micronesia
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
C
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
Apr 22, 2025
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 Marshall Islands; Government of the Fed. States of Micronesia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 15.00 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)
$ 15.00 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 Feb 26, 2025

Disclosed by Bank Feb 6, 2025

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’s website, the Project will strengthen the institutional and human resource capacity of the implementing agencies within the Governments of the RMI (GoRMI) and the FSM (GoFSM) to enhance operational efficiency and portfolio quality. This will be achieved by amplifying innovative solutions to improve fiduciary, E&S, contract management and M&E capacity and develop sustainable human resources. The Project consists of three components: (i) strengthening institutional capacity; (ii) enhancing human capacity; and (iii) project management.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The project is assessed to have low environmental and social risks. The objective of the project is to support the institutional and capacity building of selected ministries of the government of RMI and government of FSM to improve management of public funds and expenditure realized by improved project support functions, which is to be achieved by improving the performance of fiduciary, E&S and M&E management capabilities, and developing sustainable human resources. The project activities are all institutional strengthening and capacity building activities and do not support any civil works, nor any feasibility studies/technical design for future physical infrastructure. Therefore, the project is not expected to have any direct impact on natural habitats or cultural heritage sites, nor support any activity that leads to involuntary resettlement. Key risks relate to labor management of government staff and interns and stakeholder engagement which will be managed via the inclusion of requirements in the Environmental and Social Commitment Plan (ESCP).

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

IDA Grant: US$ 15.00 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

Karlene Collette Francis
Senior Operations Officer

Aimee Terese Hall
Environmental Specialist

Borrower/Client/Recipient

Republic of Marshall Islands
Federated States of Micronesia

Implementing Agencies

Department of Finance and Administration
Senny Phillip
Assistant Secretary, Division of Investment and International Finance
senny.phillip@gov.fm

Ministry of Finance
Malie Tarbwillin
Assistant Secretary, Division of International Development Assistance
mtarbwillin@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