The development objective of the Geothermal Power Generation Project for Djibouti is to assist the recipient in assessing the commercial viability of the geothermal resource in Fiale Caldera within the Lake Assal region.
... Подробнее + The project has three components. The first component is drilling program. This component includes the provision of works, goods and consultants' services for: (i) civil engineering preparatory works necessary for the execution of the drilling program (financed by African Development Bank (AfDB); (ii) execution of the drilling program as designed by the geothermal consulting company (jointly co-financed by Global Environment Facility (GEF), International Development Association (IDA) and OPEC Fund for International Development (OFID); (iii) steel material needed during the execution of the drilling program; (financed by French Development Agency (AFD); and (iv) for the inspection and testing of reservoir flow rates (financed by Energy Sector Management Assistance Program (ESMAP). The second component is technical assistance for the drilling program. This component comprises the provision of goods and consultants' services to: (i) design the drilling program and well test protocol; (ii) execute the well test protocol and ensure third party certification of the results of the drilling program; and (iii) preparation of a technical feasibility study for the geothermal power plant provided that the geothermal resource is suitable for power generation. The third component is project management. This component involves the provision of goods, consultants' services, including audit and training, and operational costs for the purposes of project management and implementation, including monitoring and evaluation. It will be jointly co-financed by Government of Djibouti (GoDj) and AfDB.
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Ratings for the Northeast Microfinance Development Project for Brazil were as follows: outcome was moderately satisfactory, risk to development outcome was significant, Bank performance was moderately satisfactory, and Borrower performance was moderately satisfactory.
... Подробнее + Some lessons learned included: flexibility in supervision to adapt to changing scenarios is essential for success, both when the changes are marginal and when they are fundamental to the point of rendering the attainment of the operation objectives impossible. The Bank can help in building lasting reforms by limiting the scope of the projects to what can be accomplished within a certain political and economic environment, even if not fully market-oriented. Donors such as the Bank can add value by setting benchmarks consistent with international best practice and putting the client institution in contact with top practitioners in each field. In principle, a viable and broadly independent microfinance institution can be set up within an existing public sector bank and there may be benefits to doing so. However, this leaves it open to influence by the prevailing political climate. It may be tempting in some political environments to expand outreach at the expense of sustainability. The Bank's decision to remain engaged was anchored on real successes achieved in terms of outreach, which illustrates dilemmas about outreach versus sustainability. Subsidies can be explicitly taken into account through a Subsidy Dependence Index provided it is well defined. While institutional aspects are crucial for the delivery of financial services to microenterprises, national economic policies are equally crucial.
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Доклад об оценке результатов деятельности по проекту 86803 APR 15, 2014
The development objective of the First Phase of the Eastern Africa Regional Transport, Trade, and Development Facilitation Project for South Sudan is to enhance regional connectivity and integration of the Recipient with its Eastern Africa neighboring countries, and its access to sea ports.
... Подробнее + The project has four components. The first component, support to the Ministry of Transport, Roads, and Bridges (MTRB) consists of following three sub-components: (i) upgrading of approximately 125 kilo meter (km) of the Juba-Torit road section of the Juba-Nadapal-Eldoret corridor; (ii) construction and rehabilitation, within the Recipient's territory, of bridges between Kapoeta and Nadapal and upgrading of approximately 40 km of the Kapoeta-Narus road section of the Juba-Nadapal-Eldoret corridor and related supervision costs; and (iii) road repairs of approximately 190 km of road sections, within the Recipient's territory, between Torit and Kapoeta, and Narus and Nadapal. The second component, facilitation of regional transport, trade, and development supports promotion of sound transport, trade, and development facilitation measures, increasing the efficiency of the corridors. It comprises of following two sub-components: (i) support to Ministry of Finance, Commerce, and Economic Planning (MOFCEP) and South Sudan Customs Services (SSCS) in the facilitation of regional trade, transport, and development through the establishment of an institutional base and legal framework, and (ii) support to MTRB in the facilitation of regional trade, transport, and development. The third component, institutional development and program management comprises of following three sub-components: (i) strengthening of MTRB's institutional capacity through the provision of advisory services and training, and the preparation of a sectoral governance and anti-corruption strategy; (ii) provision of advisory services to MTRB to strengthen its safeguards management capacity; and (iii) provision of advisory services, training, and logistical support, including office equipment, materials and supplies, and operating costs as required to sustain the management and coordination of project implementation activities, including audits, and the monitoring and evaluation of progress achieved in the execution of the project. The fourth component, connecting Juba with fiber optics will construct a fiber optic cable, alongside the part of the road located in the Recipient's territory, from Juba to Lokichoggio in the Republic of Kenya at the Juba-Nadapal-Eldoret corridor.
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This report contains the World Bank Group Boards' calendar for the period April to June 2014, specifying the Boards' engagements, such as meetings and briefings.
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This is a statement by Angel Gurría, Secretary-General, OECD, and Erik Solheim, Chair of the Development Assistance Committee (DAC), at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Подробнее + The international community is set to transition into a critical new phase in its fight against poverty. A number of key issues must be addressed if it is to be successful: disparities between countries must be reduced, as well as a range of inequalities within them. Providers of development co-operation must maintain their commitments on the quantity and quality of the resources they provide, and they must help developing countries mobilise more domestic resources. The OECD is uniquely placed and equipped to support these and other efforts with a number of adapted tools.
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This is a statement by Dr. Ahmad Mohamed Ali, President of the Islamic Development Bank Group (IsDB) at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Подробнее + He discusses the global economy in the post-crisis era, the economic prospects of IsDB member countries, and IsDB Group reponses. Major thematic areas supported by the IsDB Group are the following: fostering inclusive development, supporting agriculture development and food security, addressing youth unemployment, enhancing infrastructure development, Strengthening Economic Cooperation and Integration, and fostering Islamic finance. IsDB Group major initiatives include capital increase, resource mobilization, member country partnership strategy, reverse linkages, trade-related development assistance, Secretariat of the G-8 Deauville Partnership IFI coordination platform, MDGs and post-2015 development agenda, and celebrating 40th anniversary.
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This is a statement by Mr. Guy Ryder, Director-General, International Labour Organization, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
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This is a statement by Mr. Mitsuhiro Furusawa, Vice Minister of Finance, International Affairs at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Подробнее + He emphasises on: the International Development Association's( IDA's) role of providing valuable development expertise, as well as on the effect that loan programs from IDA to its client countries urge to pursue sound and responsible macro-economic policy that enables to pay back debts in a timely manner; and Japan's emphasis on support for infrastructure development, the formulation of development policies, and technical assistance for human resource development. He also traces Japan's emphasis on assistance in disaster risk management, global environmental issues, and healthcare, as it pays attention to factors that can impede inclusive and sustainable growth.
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This is a statement by Mr. Guido Mantega, Minister of Finance, Brazil on behalf of Brazil, Colombia, Dominican Republic, Ecuador, Haiti, Panama, Philippines, Suriname and Trinidad and Tobago at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Подробнее + The World Bank Group (WBG) support and urge to continue to be the multilateral platform for all regions in their paths of inclusive development. In this sense, the Brazilian-World Bank partnership through the creation of a knowledge hub in Brazil is serving as an important facilitating platform for knowledge sharing. The new country partnership framework (CPF) should continue to be a document establishing guidelines for the engagement of the WBG and client countries.
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This is a statement by Mr. Alberto Arenas, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Подробнее + He states that the developing countries are facing new challenges to secure World Bank Group (WBG) twin goals: to end extreme poverty and promote shared prosperity. The developed world has shown signs of recovery reflected, for example, by improvements in economic growth and business confidence, and reduction in unemployment rates.
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This is a statement by H.E. Ibrahim Al-Assaf, Minister of Finance, Saudi Arabia, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Подробнее + The meeting is particularly significant from four perspectives. First, it is taking place when the global economy has begun adjusting to the new normal in the post-crisis world, bracing for growth that is forecast to be slower than the pre-crisis trends, and where there are uncertainties about the pace and consequences of fiscal and monetary policy adjustment in advanced economies. Second, the ongoing intergovernmental discussions at the UN on the post-2015 development agenda have reached an important juncture where clarity has begun to emerge on the development challenges and directions for the future, including the role of the Bank in both contributing its views to the new agenda as well as the role it may need to play as the world's premier development institution in helping countries pursue that agenda. Third, the World Bank Group (WBG) has entered a critical stage in the change process initiated by the President. And finally, while there has been encouraging progress on global climate and trade negotiations at the UNFCCC and WTO, agreements around the most difficult issues are yet to be reached.
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Ratings for the First Programmatic Fiscal Sustainability and Growth Resilience Development Policy Loan (DPL) Project for Colombia were as follows: outcomes were satisfactory, risk to development outcome was low or negligible, Bank performance was satisfactory, and Borrower performance was satisfactory.
... Подробнее + Some lessons learned included: the operation can be seen as a good example how DPLs can serve as a trigger to engage in more fundamental policy dialogue with client countries with medium income levels and where macroeconomic capacity is already high. From the perspective of middle-income client countries, the Bank's value added in such operations may especially come from transaction costs reductions. Given the considerations, it is difficult to assess the benefits of development policy operations (DPOs) in high-capacity middle-income countries exclusively against the indicators outlined in the results framework. More technical lesson learned is to remain conservative with revising upwards targets that critically depend on the external economic environment in view of short-term cyclical fluctuations. The operation shows that embarking on a sustainable fiscal path does not necessarily entail cuts in social spending that will have adverse impacts on poverty and shared prosperity.
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Отчет о завершении и результатах проекта ICR3053 APR 10, 2014
Myanmar is an agricultural country. It is estimated that the agriculture sector represents between 35 to 40 percent of gross domestic product (GDP) and that up to 70 percent of the labor force (of 32.5 million) is directly or indirectly engaged in agricultural activities or depend on agriculture for their income.
... Подробнее + Given agriculture's important contribution to the economy, the modernization of the agriculture sector is a top priority in the economic and social development agenda of the Government of Myanmar. Among the government institutions supporting the agriculture sector, the Myanmar Agriculture Development Bank (MADB) plays an important role. MADB was established in June 1953 by the Government of Myanmar to support the development of agriculture, livestock, and rural enterprises in Myanmar. MADB is currently the largest financial institution serving the rural areas and financing agriculture activities. At the end of 2012, MADB served 1.87 million customers, mostly farmers, and had a network of 206 branches (which accounted for 23 percent of all banks' branches in Myanmar). Since its creation, MADB has played an important economic and social role by providing loans to a large segment of low-income households engaged in agricultural activities. Historically, several agriculture banks around the world have failed due to poor corporate governance, inadequate risk management capability, unsustainable business models, capture by their own clientele, or undue political interference in their lending decisions. Therefore, authorities should ensure that MADB is transformed into a sound, well-administered, and financially sustainable institution, able to withstand undue political interference and able to operate with the highest standards of corporate governance and transparency. In this context, the report is organized as follows: chapter one gives diagnostic of MADB; chapter two presents options for the transformation of MADB; chapter three presents lessons from international experience; and chapter four gives conclusions.
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The objectives of the Social Safety Net Project for Senegal are to support the establishment of building blocks for the social safety net system and to provide targeted cash transfers to poor and vulnerable households.
... Подробнее + The project has two components. (1) Support to the development of the social safety net system component will support the government in the development of the social safety net system, as part of a national social protection framework. This component will support (i) the development of core instruments and procedures that will form the backbone of a social safety net system, and (ii) the strengthening of the institutional capacity of the Social Protection Delegation (DGPSN) and sectoral actors of the social safety net system. (2) Support to the national targeted cash transfer program for poor and vulnerable households component will support the expansion and strengthening of the National Cash Transfer Program (PNBSF). This component will finance: (i) monetary transfers to PNBSF beneficiary households; (ii) accompanying measures put in place by the DGPSN, sectoral actors and local institutions; and (iii) selected program management and evaluation costs.
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The objective of the Multi Donor Trust Fund (MDTF) Khyber-Pakhtunkhwa (KP) Emergency Roads Recovery Project for Pakistan is to enable the population along the project corridor to benefit from year round improved access and mobility through reconstruction of priority damaged roads and bridges in the conflict hit areas.
... Подробнее + Negative impacts include: loss of water, air quality, dust, air pollution, waste management, noise pollution, and loss of ecology. Mitigation measures include: the contractor will restore the area under his temporary use by cropping or if so required through plantation. Photographs taken at the time of establishment of these facilities will be used for this purpose; the contractor will procure water from a source approved by the RE, and if relevant, after obtaining the community consent. It will be ensured that this procurement of water does not negatively affect the communities or other water users. The Grievance Redressal Mechanism (GRM) will also be put in place; it will be ensured that the drinking water sources of the communities are not affected. The contractor will repair, replace, compensate for any damages caused by the construction activities; and cutting and burning trees and shrubs for fuel will be prohibited. Instead gas cylinders should be used in the labor camp for cooking purposes. Similarly waste burning will not be allowed. The contractor will prepare waste management plan and have it approved by the RE. The proper training will be delivered to the workers.
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Оценка состояния окружающей среды E4526 APR 02, 2014
This paper discusses the constraints for private equity financing of small and medium enterprises in developing economies. In addition to capital, private equity investors bring knowledge and expertise to the companies in which they invest.
... Подробнее + Through active participation on the board of directors or in partnership with management, private equity investors equip companies with critical improvements in governance, financial accounting, access to markets, technology, and other drivers of business success. Although private equity investors could help to create, deepen, and expand growth of small and medium enterprises in developing economies, the vast majority of private equity in such markets targets larger or more established enterprises. Technical assistance, when partnered with private equity, can unlock more investor commitments and considerably enhance the ability of small and medium enterprises in emerging markets to raise private equity capital. Technical assistance provides funding that allows private equity funds to extend their reach to smaller companies. Technical assistance can mitigate some level of risk and increase the probability of successful investments by funding targeted operational improvements of investee companies. Dedicated technical assistance facilities financed by third parties, such as development finance institutions, governments, or other parties, have emerged to fill this critical need. The paper discusses the provision of investment capital twinned with technical assistance, which is now more accepted by limited partners and general partners or fund managers and is becoming more of a market model for private equity finance focused on small and medium enterprises.
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Рабочий документ в рамках исследования вопросов политики WPS6827 APR 01, 2014
Divakaran, Shanthi; McGinnis, Patrick J.; Shariff, Masood