The World Bank Malawi Strategic Program for Climate Resilience (P163245)
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- Kory Jordan
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1 Public Disclosure Authorized Public Disclosure Authorized The World Bank RESTRUCTURING PAPER ON A PROPOSED PROJECT RESTRUCTURING OF MALAWI STRATEGIC PROGRAM FOR CLIMATE RESILIENCE APPROVED ON NOVEMBER 8, 2017 TO REPUBLIC OF MALAWI REPORT NO.: RES32543 Public Disclosure Authorized ENVIRONMENT & NATURAL RESOURCES AFRICA Public Disclosure Authorized Regional Vice President: Country Director: Senior Global Practice Director: Practice Manager/Manager: Task Team Leader: Makhtar Diop Bella Bird Karin Erika Kemper Magda Lovei Nigel Ross Hughes, Francis Samson Nkoka
2 DETAILS-NewFin3 The World Bank BASIC DATA Product Information Project ID P Original EA Category Not Required (C) Approval Date 08-Nov-2017 Financing Instrument Investment Project Financing Current EA Category Not Required (C) Current Closing Date 31-Oct-2018 Organizations Borrower Ministry of Finance, Economic Planning and Development Responsible Agency Ministry of Natural Resources, Energy and Mines Financing (in USD Million) FIN_SUMM_PUB_TBL SUMMARY Total Project Cost 1.50 Total Financing 0.00 Financing Gap 0.00 Project Development Objective (PDO) Original PDO The Project Development Objective (PDO) is to assist the Government of Malawi to prepare a national investment plan for climate resilience, strengthen institutional capacity and improve the analytical base for mainstreaming climate risks in policy and planning.
3 The World Bank Summary Status of Financing TF Approval Signing Effectiveness Closing Net Commitment Disbursed Undisbursed TF-A Nov Nov Nov Oct Policy Waiver(s) Does this restructuring trigger the need for any policy waiver(s)? No
4 The World Bank I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING A. Project Status The Government of Malawi has, since grant approval, prepared and presented the Malawi Strategic Program for Climate Resilience (SPCR) at Ministerial level (November 2017) and secured endorsement from the PPCR sub-committee of the Climate Investment Funds on December 12, Since then, the Government has initiated recruitment of the PPCR-team to manage the Grant and the planned activities. Applicants for all positions have been shortlisted and interviews are now underway with the full team expected to be on board by June 30, Key activities under the project include: institutional support and capacity building (part 1), and analytical work in support of the SPCR preparation (part 2). However, owing to a delay in implementation and progress with analytical work related to resilience in Malawi under Part 2, the PPCR focal points have initiated interministerial discussions on priorities and drafting of ToRs for the planned key studies in: transport sector, fisheries, climate services/hydromet, productive landscapes/watersheds, and agriculture. These are in line with key challenges building resilience as identified in the Malawi SPCR, as well as pipeline of bank-funded investments such as the CATDTO and the SRBMP follow on investment in productive landscape. The Ministry of Finance, Economic Planning and Development and the Ministry of Natural Resources, Energy and Mines are finalizing the draft ToRs for the analytical work on strengthening resilience in fisheries, climate services/hydromet and the transport sector. ToRs for remaining studies on watershed/productive landscape, and agricultural sector consultancies are in the preliminary stages of preparation at the time of restructuring. B. Rationale for Restructuring The Ministry of Finance, Planning and Economic Development have indicated that, subsequent to signing of the Letter Agreement and Disbursement Letter by the Country Director on November 15, 2017, they have misplaced the documentation in their records, which resulted in the need for clarification on withdrawal conditions which have since been resolved. Given delays to the signature of the package and subsequent delays an extension of the project closure date is sought to ensure sufficient time to complete the grantfinanced activities, to August 30, II. DESCRIPTION OF PROPOSED CHANGES The restructuring will entail an extension of the closing date from October 31, 2018, to August 30, 2019.
5 OPS_DETAILEDCHANGES_LOANCLOSING_TABLE The World Bank III. SUMMARY OF CHANGES Changed Change in Loan Closing Date(s) Not Changed Change in Implementing Agency Change in Project's Development Objectives Change in Results Framework Change in Components and Cost Cancellations Proposed Additional Financing Proposed Reallocation between Disbursement Categories Change in Disbursements Arrangements Change in Disbursement Estimates Change in Overall Risk Rating Change in Safeguard Policies Triggered Change of EA category Change in Legal Covenants Change in Institutional Arrangements Change in Financial Management Change in Procurement Change in Implementation Schedule Other Change(s) IV. DETAILED CHANGE(S) LOAN CLOSING DATE(S) TF Status Original Closing Revised Closing(s) Proposed Closing Proposed Deadline for Withdrawal Applications TF-A5530 Effective 31-Oct Aug Dec-2019
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