Where the impacts of the investment may be experienced.
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating: A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2016-10-01
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Ministry of Urban Renewal, Housing and Living Environment (Ministere du Renouveau Urbain, de l'Habit
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD): $ 16.70 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 79.20 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
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Senegal Integrated Urban Flood Management Project
The Senegal Integrated Urban Flood Management project will protect urban areas in Senegal from flood risk, investing in drainage infrastructure and establishing a national disaster risk management policy. Senegal has a rapidly urbanising population which is at increasing risk from flood disaster events. The capital city, Dakar, hosts 25% of the country's population in an area representing less than 1% of the country's territory. Climate change is expected to lead to more frequent intense rainfalls, risking heavy damages to the most vulnerable areas and population. Dakar and other cities have experienced frequent flooding in recent years, with major social and economic consequences. Flood management is a major part of the Senegalese government's Disaster Risk Reduction framework, and building resistance to flooding is a top priority within the country's INDC submission.
GCF financing will focus on soft measures. Flood risk mapping will also be undertaken, and assessments carried out on how to increase the resilience of urban areas. Future risk will be reduced through hazard monitoring, and protocols developed for managing extreme rain events. These actions will be complemented by AFD financing towards hard investments in drainage and sanitation infrastructure in one of the most vulnerable areas of the capital city (Pikine Irregulier Sud). This approach of strengthening infrastructure and governance will put Senegal at the cutting edge of flood-management policy in West Africa.
Agence Française de Developpement (AFD)
Mr. Pierre Forestier
Tel: +33 153444536
Ms. Audrey Rojkoff
Tel: +33 1 53 44 61 77
ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND
The Independent Redress Mechanism (IRM) is the independent complaint mechanism for a person or people who have been or believe they are likely to be adversely affected by a project or programme funded by the Green Climate Fund. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating a problem-solving dialogue or, if that is not possible, conducting an independent investigation into whether the GCF has complied with its environmental and social policies. The IRM is newly created and is still in the process of developing its procedures and website. More information about the IRM and how you can file a complaint is forthcoming. You can contact the IRM at firstname.lastname@example.org