The objective of the Partial Risk Sharing Facility for Energy Efficiency (PRSF) Project is to assist India in achieving energy savings with mobilization of commercial finance and participation of energy service companies.
... Vea más + This project consists of two components. The first component supports establishing and operating the Facility to provide Sub-Guarantees to Sub-Financiers and developing energy efficiency markets through end-to-end solutions and measurement and verification (M&V) activities. The partial risk sharing facility for energy efficiency is managed by Small Industries Development Bank of India (SIDBI), funded from a Global Environment Facility (GEF) contribution and backstopped by a Clean Technology Fund (CTF) Guarantee, in the form of contingent finance. Component two supports technical assistance, capacity building, and operations support comprising, among other things, the following activities: i. Carrying out market development, Project management, awareness building, and outreach to beneficiaries and stakeholders. ii. Undertaking legal due diligence and dispute resolution involving Sub-Projects. iii. Developing and maintaining the Facilitys website and online presence; a management information system; and other reporting systems. iv. Developing standard appraisal and transaction documents, reporting templates, energy efficient guidelines, strengthening Project report generation, capacity building and training, and online support. v. Providing technical assistance and capacity building for Participating Financial Institutions, Energy Service Companies, and Beneficiaries. The above two components are designed to strengthen the market-driven energy efficiency ecosystem conditions necessary for addressing EE market barriers and development objectives identified in Section II. Both SIDBI and Energy Efficiency Services Limited (EESL) are leading institutions in India in the area of energy efficiency (EE) financing and EE and energy service companies (ESCO) market development.
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Documento de evaluación inicial de proyecto PAD980 FEB 25, 2015
The Thermal Power Efficiency Project for China received a satisfactory outcome rating with moderate risk to global environment outcome. Both the Bank and the Borrower received moderately satisfactory ratings for their performances.
... Vea más + The project was restructured three times. The first restructuring extended the closing date by one year to allow the project implementing agencies to complete the planned project activities and achieve the project development objective. The second restructuring included the following changes: (1) amend the intermediate output indicators; (2) adjust the project components; and (3) adjust the implementation arrangement to include new implementing agencies. The adjustment of the project components included: (1) the scope of Part A of the Project was reduced due to cancellation of two activities; and (2) the scope of Part B of the Project was expanded to include the rehabilitations of three additional power plants. As a result, part of the GEF grant was reallocated from Part A to Part B of the Project. The third restructuring saw the closing date extend by another six months in order to complete the pending national level studies and maximize the influence of the project. The following lessons were learned from this project: (1) Strong government commitment is critical for project success, and the GOC has shown strong ownership of the promotion of energy conservation to reduce overall energy intensity. (2) Project design aligned with country priorities. (3) Strong technical and financial capacity of implementing agencies. The results of the plant thermal efficiency improvement component are considered highly satisfactory because the measured results indicators well exceed the original targets. (4) Significant demonstration effect of rehabilitation as a result of the proper selection of technology (based on its competitiveness and replication potential) and extensive dissemination activities. (6) Although the two PDO level indicators are appropriate for measuring the success of the aggregated efficiency improvements and GHG impacts in the power sector in the three provinces, additional indicators would have provided more precise measurement of the output of the project to enhance attribution, as the size of the GEF project was quite small compared to the size of the sector in the three provinces. (7) Flexibility is required to adapt project implementation to evolving government priorities.
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Informe final de ejecución y resultados ICR3274 FEB 25, 2015
As of February 18, 2015 Liberia has reported over 9,000 cases of Ebola Virus Disease (EVD), and 3,900 deaths. Since the previous round of data collection, in December 2014, Liberia continues to show progress toward getting to zero cases, and in the 21 days leading up to January 28, there were only 20 confirmed cases nationally, down from 92 in the 21 days ending on December 31, 2014, and a high of 546 in late August and early September.
... Vea más + It is believed that all those currently infected are seeking care in Ebola Treatment Units (ETUs), some of which have begun to close in recent weeks as a result of declining need. The World Bank Group, with the Liberia Institute of Statistics and Geo-Information Services and the Gallup Organization, has continued to monitor the socio-economic impacts of EVD on households through a series of mobile-phone surveys conducted in October, November, and December 2014, and January 2015. As the health crisis continues to abate in Liberia, it will be crucial to tackle the important medium- and long-term economic and welfare impacts of Ebola on households. As Liberia continues on the path to eradicating Ebola, it will be important to identify and support those who are most vulnerable to the sluggish economy and whose long-term welfare may be negatively impacted by coping decisions made in the name of immediate stability. As households send their children back to school in the next month, the World Bank Group and partners will continue to monitor the crisis and work to support the Liberian government and its people as they move into economic recovery.
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This is the Executive Directors Strategic Engagements Work Program and papers to be circulated from March 2015. Included in the report are checklists of action items.
... Vea más + The lists are separated by FY15 QIII, FY15 QIV and FY16 Q1.
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This report contains the World Bank Group Boards' calendar for the period of February to April 2015, specifying the Boards' engagements, such as meetings and briefings.
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The objective of the Third Regional Development Project for Georgia is to improve infrastructure services and institutional capacity to support the development of a tourism-based economy of the Samtskhe - Javakheti and Mtskheta - Mtianeti regions.
... Vea más + The implementation of the project is expected to improve access, quality and reliability of public infrastructure; increase the volume of private sector investment in the region; and increase points of sales (tourism-related enterprises) in renovated culture heritage sites and cities. Despite challenges of sustaining regional development in Samtskhe - Javakheti and Mtskheta - Mtianeti, due implementation of Regional Development Strategies and Regional Tourism Development Strategies is likely to result in positive environmental outcomes. They are expected from the improvement of waste and wastewater management, application of preventive measures against occurrence and destructive impacts of natural disasters, sustaining use of natural resources, and establishing enhanced system for monitoring key parameters of the environment quality.
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These are the meeting minutes of the Executive Directors of the Bank and IDA and the Boards of Directors of IFC and MIGA on February 5, 2015. The bulk of the minutes discuss approval and project related topics given by the various boards to projects.
... Vea más + The minutes are divided chronologically by meeting time, which also coincides with the order the different WBG divisions presented. There are three separate meetings within these minutes and each lists the extent of the meeting and who was in attendance.
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The objective of the SME Competitiveness Project is to enhance the competitiveness and management capacity of targeted small and medium sized enterprises in Kazakhstan.
... Vea más + There are four components to the project, the first component being SME capacity building program. The aim of this component is to introduce a coherent framework of SME capacity building programs to support competitiveness of all Kazakhstani firms regardless of size or sector. The second component is the SME linkages in competitive sectors. The objective of this component is to introduce a coherent framework to promote linkages and integration of SMEs in existing and emerging competitive sectors. The third component is the impact evaluation and monitoring of SME Programs. The aim of this component is to create a sustainable M&E structure that will shape SME policies and programs, helping to establish informed priorities and introduce midcourse corrections as required; as well as strengthening a sustainable Third-Party Monitoring System (TMS) that increases transparency and participation of the private sector and citizen engagement in SME policy design. Finally, the fourth component is the project management.
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Documento de evaluación inicial de proyecto PAD956 FEB 05, 2015
The development objective of the Second Phase of the Agricultural Growth Program Project for Ethiopia is to increase agricultural productivity and commercialization of small holder farmers targeted by the project.
... Vea más + Some of the negative impacts and mitigation measures include: (1) communication strategy will be developed for the project to determine how communication on the project will be handled; (2) the project implementation manual for the project will detail the roles and responsibilities for all aspects of project implementation, including safeguards; and (3) a strengthened monitoring and evaluation (M and E) system will ensure that implementation agencies are performing as per their responsibilities.
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Plan para los pueblos indígenas IPP769 FEB 04, 2015
The Second Northern Mountains Poverty Reduction Project (NMPRP-2 ) for Vietnam seeks to restructure the project by providing an additional credit (or additional financing) to the Socialist Republic of Vietnam for the Second Northern Mountains Poverty Reduction Project and the amendment to the Project Development Objective (PDO) of the original financing (i.e. level 1 restructuring to the original financing).
... Vea más + The closing date of the additional financing would be June 30, 2018. The amended development objective is to enhance the living standards of the Project Beneficiaries by improving: (i) their access to productive infrastructure; (ii) the productive and institutional capacity of local governments and communities; (iii) commune integrated investment planning and (iv) market linkages and business innovations. The rationale for the additional financing request is to continue and scale up the activities that have proven to be effective and to explore means to mainstream the positive features of NMPRP-2 into the national programs, especially the successful livelihood support to common interest groups and the strengthened socio-economic development plan approach.
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The Second Economic Competitiveness Support Program Development Policy Loan for the Kingdom of Morocco is the second Development Policy Loan (DPL) in a programmatic series of two single-tranche DPLs.
... Vea más + The program development objective of the Second Economic Competitiveness Support Program (ECSP II) is to support policy reforms in three key areas of the Governments comprehensive economic strategy: (a) Improving the investment climate; (b) Furthering trade policy reform and trade facilitation; and (c) Strengthening economic governance. These key areas are referred to as pillars. Pillar 1 focuses on four key dimensions to improve Moroccos business climate: Enhancing e-governance for regulatory and administrative simplification; Simplifying administrative procedures and improving transparency; Reducing the financial burden on SMEs resulting from excessive payment delays; and modernizing the legal framework for entry and governance of corporations under SA status. Pillar 2 involves infrastructure investments in roads and ports have increased significantly, customs procedures have been streamlined as well as ports procedures; an online trade platform has been implemented by the customs administration; services liberalization has been successfully implemented in the civil aviation area and to a lesser extent, in the commercial shipping sector and logistics. Pillar 3 focuses on three essential aspects of economic governance: (a) Assessing costs and benefits of incentives granted by the Commission for Investments, (b) Improving the public private coordination for business environment reforms, and (c) Strengthening the institutional framework for the competition. Ver menos -
In the three months since most observers, including the World Bank, issued their last forecasts, the Middle East and North Africa (MENA) Region has changed substantially.
... Vea más + Political tensions have eased somewhat with presidential and legislative elections completed in a few countries. This issue of the MENA Quarterly Economic Brief focused on the implications of low oil prices for eight developing countries, the MENA-8 (oil importers: Egypt, Tunisia, Lebanon and Jordan and oil exporters: Iran, Iraq, Yemen and Libya) and the economies of the GCC (Gulf Cooperation Council), who play a major role in providing funds in the form of aid, investment, tourism revenues and remittances to the rest of the countries of the region. Several assumptions are also made about future oil prices taking into account several variables. All projections are based on statistical information available through early January 2015.
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This paper describes how Latin America and the Caribbean has been integrating financially with countries in the North and South since the 2000s.
... Vea más + The paper shows that the region is increasingly more connected with the rest of the world, even relative to gross domestic product. The region's connections with South countries have been growing faster than with North countries, especially during the second half of the 2000s. Nevertheless, North countries continue to be the region's principal source and receiver of flows. The changes reflect significant increases in portfolio investments, syndicated loans, and mergers and acquisitions. Growth of greenfield investments has been more subdued after the initial high level. Greenfield investments in the region have been in sectors in which the source country has a comparative advantage, not where the receiver country has an advantage. Mergers and acquisitions have been in sectors in which the receiver country has a comparative advantage.
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Documento de trabajo sobre investigaciones relativas a políticas WPS7190 FEB 01, 2015
Didier, Tatiana; Moretti, Matias; Schmukler, Sergio L.
This paper utilizes a countrywide, county-to-city upgrade in the 1990s to identify whether extending the powers of urban local governments leads to better firm outcomes.
... Vea más + The paper hypothesizes that since local leaders in newly-promoted cities have an incentive to utilize their new administrative remit to maximize gross domestic product and employment growth, there should be improvements in economic outcomes. The analysis finds that aggregate firm-level outcomes do not necessarily improve after county-to-city graduation. However, it does find that state-owned enterprises perform better post-graduation, with increased access to credit through state-owned banks as a possible explanation for the improvement in performance. The most important finding is that newly-promoted cities with high capacity generally produce better aggregate firm outcomes compared with newly-promoted cities with low capacity. The conclusions are twofold. First, in terms of access to credit, the paper provides evidence that relaxing credit constraints for firms could lead to large increases in firm operation and employment. Second, increasing local government's administrative remit is not enough to lead to better firm and economic outcomes; local capacity is of paramount importance.
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Documento de trabajo sobre investigaciones relativas a políticas WPS7193 FEB 01, 2015