Philippines Sustainable Agricultural Transformation Program (WB-P507504)

Countries
  • Philippines
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
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
Jun 5, 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 Philippines - Department of Agriculture
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)
$ 1,000.00 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)
$ 12,897.50 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Mar 5, 2025

Disclosed by Bank Dec 6, 2024

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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 objective of this project is to improve productivity, diversification, climate resilience and public resource use efficiency in the agrifood systems in the Philippines.

The Result Areas (RAs) collectively aim to deliver outcomes that seek to: (i) achieve higher incomes for farmers through enhanced productivity growth and more efficient and resilient natural resource and input use; (ii) attract a new generation of agri-entrepreneurs to invest into post-harvest agri-logistic activities; (iii) Increase and diversify agri-food production across value chains. The PforR would specifically address issues related to the efficiency and effectiveness of DA budget utilization, and enhance institutional delivery mechanisms for the sector transformation.

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 Program's Environmental and Social (E&S) risk is substantial. The program design is not expected to cause the conversion, modification, disruption of critical habitats nor will it compromise the location’s natural landscape, biodiversity, habitats or ecosystem services. Potential E&S adverse effects during construction include dust, noise, water, and soil pollution; worker and community health and safety risks; labor influx; poor working conditions for vulnerable workers; child labor and forced labor; resistance to behavioral changes in farming practices; and potential exclusion of marginalized groups. Land requirements are minimal, with expansions expected within government properties, although due diligence will still be conducted on land acquisition and/or donations that may cause significant E&S risks and impacts. Due diligence is necessary for any changes that might require land acquisition or affect livelihoods. During operation, risks include health hazards from pesticide use, occupational health and safety issues, pollution, and greenhouse gas emissions. Social inequalities may worsen without culturally sensitive approaches and effective grievance mechanisms.

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

World Bank Lending: US$ 1000.00 million

National Government: US$ 11,895.00 million

Financing Gap: US$ 2.50 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

Mio Takada
Senior Agriculture Economist

Meeta Sehgal
Senior Agriculture Specialist

Borrower/Client/Recipient

Department of Finance
Ralph Recto
Secretary
osec@dof.gov.ph

Implementing Agencies

Department of Agriculture
Francisco Tiu Laurel
Secretary
osec.official@da.gov.ph

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