eC2: Consulting Services: Disaster Risk Quantification, Financing and Policy Reforms for Resilience Building in Tonga

Deadline: 15-Jun-2022 at 11:59:59 PM (Eastern Time – Washington D.C.)vn-communitybased-disasterrisk-780x439

The objectives of this assignment is to conduct Disaster Risk Management (DRM) and risk financing policy reforms at the national and island levels, specifically to assist with technical inputs on the National DRM Policy; support the design of indicators for monitoring of the DRM Act and DRM Policy Implementation; support the design of strengthening activities and reporting procedures for Island and Village Disaster Risk Management Committees; and provide technical advice on establishing stronger coordination mechanisms between DRM stakeholders and the Ministry of Finance. The assignment will also identify risk quantification and investment needs for resilience-building in one select outer island in Tonga (either Vavau or Eua).This will require the: (i) development of detailed multi-hazard risk information for the select outer island, (ii) prioritization of investment needs in line with the DRM Policy framework, and (iii) identification of risk financing strategies and funding mechanisms for investments in disaster risk reduction and climate resilience in outer islands.

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World Bank Announces Additional $200 Million in Financing for Ukraine

Financing will support essential social services; combined total of World Bank-mobilized support for Ukraine now stands at more than $925 million

WASHINGTON, March 14, 2022— The World Bank today announced nearly $200 million in additional and reprogrammed financing to bolster Ukraine’s social services for vulnerable people. This comes on top of the $723 million mobilized for Ukraine and its people last week, of which $350 million has already been disbursed to Ukraine. This financing is part of the $3 billion package of support that the World Bank Group previously announced it is preparing for Ukraine over the coming months.

The combined total of support mobilized by the World Bank for Ukraine now stands at more than $925 million. As part of the mobilization efforts, Austria has contributed €10 million ($11 million equivalent) to the multi-donor trust fund (MDTF) set up by the World Bank to facilitate channeling grant resources from donors to Ukraine. This raises the current MDTF total to $145 million.

“The ongoing war continues to have severe human costs and has created financing gaps that jeopardize the ability of vulnerable people in Ukraine to meet basic needs,” said World Bank Group President David Malpass“This rapid support will help to bridge those gaps during a time of extreme disruption as we work on broader support efforts for Ukraine and the region.”

While the full impact remains uncertain, the Russian invasion of Ukraine is causing a growing number of civilian casualties, destroying livelihoods, and damaging critical civilian infrastructure, including homes, water and sanitation, schools, health facilities and highways.

The World Bank in Ukraine

Investments in human capital require bold financing actions for a resilient recovery

Inclusive investments in health, early childhood development, learning, and women’s economic 20033631845_d902e0cc95_cempowerment can contribute to an inclusive, resilient, and sustainable recovery.  This was the clear message, focusing on human capital, that the ministers of finance and planning of 81 Human Capital Project HCP countries sent at the last Ministerial Conclave.

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eC2: Offshore Wind Financing for Emerging Markets

Deadline: 03-Aug-2020 at 11:59:59 PM (Eastern Time – Washington D.C.)

Wind turbine farm

The objective of this assignment is to assist IFC staff (primarily investment, credit and management) in understanding: 1) differences between offshore wind and onshore solar/wind/hydro projects in terms of risks, challenges, contractual structures, studies and financing structures, and; 2) potential project financing structures for offshore wind in emerging markets and how IFC can best mitigate any associated risks. Note that the analysis of current projects will focus on fixed foundation rather than floating or intertidal/nearshore projects. The analysis of future projects will consider floating, although to a lesser extent than fixed.

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How development policy financing can support COVID-19 response and preserve human capital

With Madagascar’s health system under strain from the COVID-19 pandemic and schools how-development-policy-financing-can-support-covid-19-response-and-preserve-human-capital-1140x500shuttered for the foreseeable future, the health, education, and overall well being of the Malagasy people are increasingly at risk. As the pandemic hits more and more countries, the World Bank Group and other organizations like ours are stepping up to provide immediate support to countries in order to quickly get resources to the front lines of fighting this disease.

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Disaster Risk Finance: What actions for today and tomorrow?!

Blog by Alfonso Garcia Mora, World Bank Group

I had just arrived to Bali at a late hour in the evening to join the 2018 World Bank-IMF 6358578319_f8b77d314a_oannual meetings when our group, visitors from more than 189 countries along with Indonesians on the island and neighboring communities were acutely woken up at dawn with magnitude 6.4 quake that struck off the coast. Early reports by the National Disaster Mitigation Agency indicated extensive damage to infrastructure and loss of lives in the span of a few minutes. The Indonesian response that followed revealed the difference disaster risk finance can bring to families, economies and societies at large. I was humbled by what I experienced and what we can contribute -as an institution together with our partners- to manage these acute disasters more prudently, effectively and humanely.

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Investing in resource efficiency – the economics and politics of financing the resource transition

“Moving towards a more responsible and efficient use of natural resources is key, not only aerial-bay-business-1554646.jpgto address resource scarcity, wastage, and the associated environmental effects, but also for incentivising innovation and modernisation towards a circular economy. Resource efficiency essentially means doing more with less, as it allows us to create more value using fewer natural resources. This transition can contribute to sustainable economic growth that generates welfare, while limiting harmful impacts on the environment and hence future generations.” Ángel Gurría, Secretary General, OECD (from Preface, Flachenecker & Rentschler, 2018)

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eC2: Financing Options Analysis for the ASEAN Rolling Pipeline of Priority Infrastructure Projects

Deadline: 31-Dec-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

To enhance connectivity and attract more public and private investments for

modern city with highway interchangeinfrastructure in ASEAN, MPAC 2025 recommended the establishment of a rolling priority pipeline list of potential ASEAN infrastructure projects and sources of funds.

The Initial Pipeline consists of 16-20 projects submitted by the ASEAN Member States and selected and prioritized by the World Bank based on a screening and scoring process assessing key project factors such as strategic relevance, impact on regional connectivity, environmental and social impact, project feasibility, and the contracting agency’s implementation capacity.

In the next phase, the World Bank will undertake a financing options analysis of each of the projects in the Initial Pipeline to determine the best procurement option for the project i.e., to determine whether the project should be publicly funded, privately financed or funded/financed through a Public Private Partnership. Where a project already has a robust and recently conducted pre-feasibility or feasibility study, the information and data required to undertake such analysis should already be available. However, for those projects that do not have such a study available, it will be necessary to undertake the relevant studies and review.

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eC2: Development of Disaster Risk Finance Analytics Freeware Quantitative Tools

Deadline: 18-Dec-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

The DRFIP is undertaking a four-year DRF Analytics Project to improve the colombo2understanding and to increase the capacity of governments to take informed decisions on DRF based on sound financial analysis. The objective of the project will be achieved through four outcomes:
i. Governments understand their financial risk related to natural disasters;
ii. Governments employ efficient financial/actuarial analysis, such as cost-benefit analyses, in the development of DRF strategies;
iii. Improved financial capacity to meet financial needs immediately following natural disasters; and
iv. Increased capacity in Governments to monitor and evaluate DRF strategies. Under this project a suite of interactive DRF quantitative tools will be developed which can be adapted and applied to support capacity building and decision making in countries.

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eC2: Pre-Feasibility study for a financing facility in the Danube River Basin Region

Deadline: 08-Aug-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

The World Bank ECA Water team is considering different options to support client Danubemapcountries in the development of special financing facilities for water utilities, with a focus on facilities extending targeted lending to utilities for increasing their operational efficiency directly impacting their financial situation. A regional, multi-country or national financing facility would aim to achieve the following objectives: i) provide financing for small investments resulting in efficiency improvements which can contribute to achieving long term sustainability of WSS services; ii) improve cost recovery and financial sustainability and utility creditworthiness; and iii) contribute to building up a commercial banking market for WSS utility lending by developing the skills of commercial banks to take municipal/utility risk. See attached TOR for further details. The Firm to be selected will undertake a feasibility study to support the design of such financing facility.

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