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Multiphase Programmatic Approach (Inglês)

This paper proposes a new Multiphase Programmatic Approach (MPA), which will allow Bank clients to structure a long, large, or complex engagement as a set of smaller linked operations (or phases), under one Program. The paper also explains the rationale for the policy modifications based on the growing importance of adaptable design and learning from implementation, as well as other benefits of ‘phased borrowing’ to both the Bank and clients. This proposal responds to Management’s commitment under the forward look to become more agile allowing the Bank to tailor approaches to program complexity, size, and risk. The MPA builds on the experiences of the Bank and other Multilateral Development Banks in this type of phased lending approach. The paper is organized in five sections. Section two presents the development context for the MPA; section three discusses MPA structure, as well as lessons learned from the design of previous instruments used by the World Bank and other Multilateral Development Banks (MDBs); section four presents policy modifications; and section five sets out Management’s recommendations for approval by the Executive Directors and next steps.

Detalhes

  • Data do documento

    2017/07/18

  • TIpo de documento

    Relatório da Diretoria Executiva

  • No. do relatório

    117742

  • Nº do volume

    1

  • Total Volume(s)

    1

  • País

    Mundo,

  • Região

    Regiões Mundiais,

  • Data de divulgação

    2017/08/02

  • Disclosure Status

    Disclosed

  • Board Meeting Date

    2017-07-21T00:00:00Z

  • Nome do documento

    Multiphase Programmatic Approach

  • Palavras-chave

    subsequent phase;trade and competitiveness;private sector participation in infrastructure;private investment in infrastructure financing;public sector management reform;monitoring and evaluation data;Fragile, Conflict & Violence;early stages of preparation;maintenance of road network;adjustment need;investment in sustainable energy;private sector engagement;private sector financing;availability of fund;basic health care;line of sight;source capital;malnutrition in children;delivery of service;public service provider;private sector industry;mortgage market development;medium term financing;spending on hospital;status of negotiations;list of countries;power sector program;hygiene and nutrition;national road network;private sector lender;solar power generation;absence of provision;Early Childhood Development;private sector investor;private service provision;investment climate reform;local capital market;overseas development institute;flexibility and adaptability;history of involvement;environmental impact statement;form of investment;road development program;financing instrument;causal chain;investment lending;Mobile Health;Job Creation;adaptive approach;financial resource;financing need;urban service;learning strategy;results framework;Programmatic Approach;efficiency gain;road corridor;business process;single loan;sovereign lending;long-term credit;building consensus;political cycle;guarantee operation;local clinic;social areas;Administrative & Client Support;financial effect;government priority;processing requirements;external consultations;capital constraint;interest charge;alternative financing;legislative approval;loan balance;capital adequacy;financial impact;nutrition education;institution need;standard procedure;transmission expansion;management capacity;investment expenditure;agricultural practice;fuel oil;safeguards requirement;financing requirement;renewable power;Agile Pilot;financial instrument;approval process;effectiveness condition;legal obligation;Commitment Fee;emergency response;conceptual framework;blend country;participatory governance;effective learning;practical knowledge;faculty research;land acquisition;problem-solving approach;sanitation practice;administrative matter;infrastructure provision;conflict states;water sector;annex annex;user feedback;adaptive process;distribution network;financial commitment;acquired knowledge;local market;construction services;adaptive learning;Health Service;institutional framework;heavy investment;electricity sector;geographic area;housing finance;preparatory work;infrastructure program;government ownership;reporting requirement;preparation cost;processing time;average duration;technical innovation;commercial financing;nutritional status;commercial lender;private investor;private company;road design;short-term target;vulnerable population;reform process;program outcome;performance assessment;project processing;program development;program documents;strategic focus;executive board;Client Engagement;long-term perspective;sectoral reform;Business Registry;metropolitan governance;pandemic response;target beneficiary;nutrition supplements;program financing;exposure limit;financing agreement;school curricula;social policies;social policy;Change Program;business environment;

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