Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Sri Lanka
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • World Bank (WB)
Status: Pipeline
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.
Sectors:
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): $ 3.35 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): $ 3.35 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: 2016-09-26
Climate Mitigation Action Support
WB-P160552

Project Description
Proposed Development Objective(s) To help Sri Lanka develop capacities and systems to: (a) implement national climate change policies, strategies and actions; and (b) design or strengthen market/non-market mitigation instruments. Key Results Preparation Phase: i) A qualified Market Readiness Proposal prepared; Implementation Phase: i) National Monitoring, Reporting, and Verification (MRV) and registry systems for Greenhouse Gases designed and established; ii) Capacity to implement domestic carbon market and its supporting instruments and infrastructure improved; and iii) Domestic carbon market and its supporting instruments such as Sri Lanka Carbon Offset Scheme strengthened
Investment Description
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.
Bank Documents