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: 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: 2016-05-19
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: Government of Senegal
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD): $ 0.30 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 Support to Extractive Industries Transparency Initiative Compliance Process
The project development objective (PDO) is to assist Senegal in implementing its EITI agenda. The Government of Senegal has taken a strong ownership of the EITI process and other stakeholders (civil society, industry, parliamentarians) are showing interest in advancing governance and accountability in the extractives sector. EITI-NC in Senegal has started to play a regional leadership role and
facilitator for the adoption of extractive transparency measures both at the national and the regional levels. For instance, the EITI-NC hosted a meeting of African EITI National Coordinators to discuss the evolution of the Standard and the needs of their respective countries. Further, civil society and private sector stakeholders have successfully established independent constituency groups led by the
"Coalition for transparency in extractive industries", a coalition of some 40 CSOs, and the Senegalese Chamber of Mines. These constituency groupings are facilitators of the EITI dialogue but do not represent exclusive organizations monopolizing the EITI mandate, as the members of EITINC are drawn from a nationwide pool of stakeholders.
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 email@example.com
. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx