Economics & Development

The meeting of the Executive Directors of IBRD and IDA and the Boards of Directors of IFC and MIGA on May 29, 2025 discussed joint IDA IFC MIGA Country Partnership Frameworks for Nepal for FY25 to FY31 and Liberia for FY25 to FY30 and recorded several approvals. The Boards authorized the following investments and operations by country and project title: Congo – Transport and Connectivity Development Project (PACT2); Myanmar – Health Assistance and Nutrition Support Project, with grants to the United Nations Children’s Fund (UNICEF) and the United Nations Office for Project Services (UNOPS); Myanmar – Strengthening Community Resilience Project, with grants to the United Nations Office for Project Services (UNOPS) and the International Committee of the Red Cross (ICRC); Nepal – Modernization of Rani Jamara Kulariya Irrigation Project, Phase 3; Nepal – Electricity Supply Reliability Improvement Project; Gambia – Gambia Infrastructure Project; and Brazil – SABESP UCB IV Project, an IFC investment in Companhia de Saneamento Basico do Estado de Sao Paulo S.A. SABESP.

Chad Water Security and Resilience Project - PASER for Chad has the development objectives of enhancing water security and increasing the adaptation of the population to climate change in selected provinces. Components: Component 1, Development of Water and Sanitation Infrastructure, finances climate-resilient urban and rural drinking water and sanitation services, prioritizing solar-powered systems and reliable service for host communities and displaced populations; Sub-components include Sub-component 1.1, Urban Water Supply, which develops boreholes, transmission and distribution networks, storage, household connections, and standposts in N’Djamena and thirteen small towns; Sub-component 1.2, Rural Water Supply, which builds rural piped systems, on-the-spot water stations, and pastoral watering points managed by domestic private operators to improve service sustainability and reduce time burdens on women; and Sub-component 1.3, Sanitation, which establishes standards, delivers behavior change communication, and constructs latrines in schools and health centers with menstrual hygiene management support. Component 2, Nature-Based Solutions (NBS) and Water Resilience, restores and protects watersheds, enhances aquifer recharge, supports small-scale irrigation, and strengthens climate-resilient livelihoods; Sub-components include Sub-component 2.1, Stormwater and Flood Management, which constructs expansion weirs and shallow wells to control floods and mobilize water for farmer-led irrigation; Sub-component 2.2, Aquifer Recharge, Erosion Management, Climate-Smart Agribusiness and Climate-Resilient Value Chains, which applies land restoration measures such as contour bunds, half-moons, terraces, reforestation, and Integrated Agro-Silvo Community Pastoral Farms; and Sub-component 2.3, Livelihood Support for Sustainable Development, which promotes climate-smart agriculture, agroforestry, non-timber forest products, clean cooking solutions, and income-generating activities for refugees and host communities. Component 3, Project Management, Capacity Reinforcement and Sector Reforms, strengthens national and local institutions, utility and operator performance, and policy frameworks to enable sustainable service delivery and private sector participation; Sub-components include Sub-component 3.1, Institutional Capacity and Operator Performance, Sub-component 3.2, Sector Policy and Strategies, Sub-component 3.3, Local Natural Resources Management with conflict-sensitive governance and digital climate advisory services, and Sub-component 3.4, Citizen Engagement and Project Coordination covering fiduciary, monitoring and evaluation, and environmental and social risk management. Component 4, Contingency Emergency Response Component, enables rapid reallocation of uncommitted funds to respond to eligible emergencies affecting project areas.