Complaint > Bayport Colombia: Financial Inclusion for BOP Public Employees

Management Response: Management Response

IDB Management response to the ICIM Request regarding “Bayport Colombia: Financial Inclusion for BOP Public Employees (CO-L1147)” This document establishes Management’s response to the Request filed by Mr. Fernando Sanabria on August 3, 2015 with the Independent Consultation and Investigation Mechanism (the “ICIM”) in relation to the above-mentioned project. Any terms that are not expressly defined in this document shall have the meaning ascribed to such terms in t...

Complaint > India Infrastructure Fund-01/Dhenkanal District

Management Response: IFC's Response to CAO Compliance Investigation Report: India Infrastructure Fund

...Financial Intermediaries (FIs) investments can increase the reach and impact of IFC's environmental and social standards. There have been important lessons for IFC in this regard and our learnings from IIF and from the 2011 CAO FI sector audit have led to substantial and continuous improvement in IFC capacity, processes and expertise needed to manage these risks, as detailed below. When first considering whether to work with a fund, WC agrees with CAO that establishing its commitment and capacit...

Complaint > Real LRIF-01/Coban

Management Response: English

...Financial Intermediaries ("Fis"), which in this case involves IFC investing as a Limited Partner ("LP") investor in a fund. While we appreciate CAO's observations, it is worthnoting that the Environmental and Social Due Diligence (ESDD) review framework applied to this Project is the most rigorous under IFC's procedures and is considered best practice in the investor community - going well beyond any existing market approach today. IFC recognizes the challenges associated with doing business in ...

Complaint > Quilleco Hydropower Project

Management Response: 67-Management Response (English)

...financial role is that of an intermediary, facilitating the use of market- based mechanisms to mitigate climate change specifically through the purchase of carbon emission reductions, sanctioned under the Clean Development Mechanism. v. As is common with Carbon Finance operations, IBRD became formally involved with the Quilleco Project when it was at an advanced stage of preparation. At the Project identification stage in July 2004, the EIA for Quilleco had been completed and already ...

Complaint > South-West Roads: Western Europe-Western China International Transit Corridor (CAREC-1b & 6b) - 1st request

Management Response: 66-Management Response Annexes (English)

...financial, and material provision of the Body’s activity under this Agreement for its member in the Advisory body;  Implementation of the Action Plan on Project Management and Anti-corruption  Resolution of other issues identified by the Advisory body. 2.6 The Parties shall approve all decrees regulating the Advisory body’s activity, in particular concerning the following:  Parties’ authorities;  Advisory body’s Action Plans and Act...

Complaint > Integrated Coastal Zone Management and Clean-Up Project, First Request

Management Response: 47-Management Response (English)

...Financial Intermediary GIS Geographic Information System GoA Government of Albania ICZM Integrated Coastal Zone Management ICZMCP Integrated Coastal Zone Management and Clean-up Project IDA International Development Association IPN Inspection Panel ISDS Integrated Safeguards Data Sheet KRRTRSH Territorial Planning Council of the Republic of Albania METAP Mediterranean Technical Assistance Program MoAF Ministry of Agriculture and Food MoTAT Ministry of Territorial Ad...

Complaint > South-West Roads: Western Europe-Western China International Transit Corridor (CAREC-1b & 6b) - 1st request

Management Response: 66-Management Response (English)

...financial and construction sectors. The economic crisis in Kazakhstan began with sharp declines in real estate prices from late 2007. A strengthening of oil and other commodity export prices in the second half of 2009 has contributed to a stabilization of the overall financial position. In 2009 Kazakhstan needed strong capital inflows to compensate for substantial outflows associated with foreign debt payment obligations. This was offset partly by increased oil and gas exports and partly by fore...

Complaint > National Drainage Program Project

Management Response: 34-Management Response (English)

...Financial Management 1st Supervision mission • Financial Analyst • Irrigation Engineer • Project Analyst • Procurement Specialist • Disbursement Officer • NGO Specialist August 3 to 18, 1998 • Task Team Leader/Financial Management 2nd Supervision mission • Irrigation Engineer • Resettlement Engineer ...

Complaint > Transitional Support for Economic Recovery Credit and Emergency Economic and Social Reunification Support Project

Management Response: 37-Management Response (English)

...financial specialist, pro- "Office des Routes" to prepare RN2 and RN4 sur- curement specialist vey May 2004: Bank consultant Site visit (Goma, Bukavu, Kisangani, Kindu) to set up activities under the urban rehabilitation com- ponent August 2004: Bank Team: team leader, transport General supervision. Launch workshop with im- specialist, financial specialist, implemen- plementation agency...

Complaint > Giza North Power Project

Management Response: 85-Management Response (English)

...Financial Management Specialist, Sr. Social Scientist, Regional Safeguards Adviser, Infrastructure Specialist, Financial Analyst, Program Assistant • May 29–June 9, 2011: Lead Energy Specialist, Sr. Energy Specialists (2), Sr. Procurement Specialist, Sr. Counsel, Sr. Finance Officer, Energy Specialist, Economist/Consultant, Environment Consultant, Lead Economist, Program Assistant, Team Assistant • June 2011: Social Development Handover Mission • July 31-August 4, 201...

Complaint > Kosovo Power Project (Proposed)

Management Response: 78-Management Response (English)

...Financial Sector and Improving Access to Finance 28. Kosovo’s financial system has proven quite resilient to the global financial crisis, and its regulatory and institutional framework has been substantially strengthened. The financial system is 11 dominated by foreign-owned banks and is largely deposit-funded, mostly from large and relatively stable remittance inflows. However, structural financial sector vulnerabilities exist as bank ...

Complaint > Land Administration Project (First Request)

Management Response: 53-Management Response (English)

...financial assistance, and the means for marketing and commercializing agricultural, industrial, handicraft production, tourism, etc. will be created. Article 44. The inhabitants of the Comarca shall receive special consideration from credit agencies in order to carry out credit operations or receive subsidies. The State shall create mechanisms to facilitate the most effective way for the Comarca’s producers to obtain credit from public financial entities, through the establishment of forms that ...

Complaint > Western Poverty Reduction Project

Management Response: 16-Management Response (English)

...financial and technical support to grow crops and manage their farms. Compensation will be provided to households in the move-in area which will be affected by the settlement program, and the opportunity to join the program will be offered to all affected households, providing them with the same level of benefits as the settlers. In addition, investments for la nd rehabilitation will be made in the move-out area to support the remaining population. Finally, educational and health services will b...