Quick Facts

Where the impacts of the investment may be experienced.
  • Bhutan
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • World Bank (WB)
Status: Active
Bank Risk Rating: C
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: 2017-02-20
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.
The service or industry focus of the investment. A project can have several sectors.
  • Climate and Environment
Investment Type(s): Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 1.50 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): $ 1.50 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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Primary Source

Original disclosure @ WB website
Updated in EWS: 2017-07-31
Disclosure Date: 2016-05-10
Strategic Program for Climate Resilience

Project Description
The development objective of the Preparation of Strategic Program for Climate Resilience (SPCR) Project for Bhutan is to support Bhutan’s capacity to develop a programmatic multi-sector and climate-resilient investment plan. The project will finance following components: (i) development of the SPCR; and (ii) capacity building, consultations, institutional coordination, and project management.
Investment Description
Financier: Climate Investment Funds
Contact Information
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 ipanel@worldbank.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. CONTACTS Contact: Poonam Pillai Title: Senior Environmental Specialis Tel: 458-9442 Email: ppillai@worldbank.org Contact: Dechen Tshering Title: Disaster Risk Management Speci Tel: 5739+124 Email: dtshering@worldbank.org Borrower/Client/Recipient Name: Department of Public Accounts, Ministry of Finance Contact: Choiten Wangchuk Title: Director General of Department of Public Accounts Tel: 975-2-324346 Email: cwangchuk@mof.gov.bt Implementing Agencies Name: Gross National Happiness Commission Contact: Wangchuk Namgay Title: Deputy Chief Program Coordinator Tel: 97517789612 Email: wnamgay@gnhc.gov.bt
Bank Documents