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: B
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: 2016-11-29
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: Solidaridad
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
Loan Amount (USD): $ 5.50 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): $ 5.50 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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Dedicated Grant Mechanism for Local Communities
The objective of the Dedicated Grant Mechanism for Local Communities Project is to strengthen knowledge and practices of targeted local communities in the select regions of the member country in REDD processes and sustainable forest management. There are three components to the project, the first component being capacity building for local communities. This component will finance capacity building for local communities. Capacity building will occur through a funnel approach and will occur in Twi, the local language. General awareness and REDD training will focus broadly on the 52 targeted communities, most of which are also FIP communities. This outreach will be followed by ‘basic training’ which will focus on a subset (at least 10 percent of the general awareness participants). Basic training is the first step that must be undertaken by community members, eligible community-based organizations (CBOs), and individuals to have a deeper, more technical understanding of REDD , and the linkage between livelihood and other activities and REDD . Basic training must be undertaken to access the grant financing. The second component is the sustainable and adaptive community initiatives. Component two includes two subcomponents: community initiatives, and technical training of the grantee in activity implementation. Finally, the third component is the project governance, monitoring, and evaluation. The aim of this component is to support the project’s effective governance and efficient monitoring and evaluation (M&E). This component will finance the management fee of Solidaridad (capped at 7.5 percent of the grant) which will cover its related administrative expenses, rent, utilities etc.
Contact: Isaac Gyamfi
Contact: Isaac Gyamfi
ACCOUNTABILITY MECHANISM OF 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 firstname.lastname@example.org
. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx