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World - Second Critical Ecosystem Partnership Fund Project : restructuring (Inglês)

The objective of the Second Critical Ecosystem Partnership Fund Project is to strengthen the involvement and effectiveness of civil society in contributing to the conservation and management of globally important biodiversity. The extension is needed to complete all project activities and prepare the additional financing. This was agreed ‘in-principle’ by the SD VP (June 19, 2017) and the VP for OPCS (June 16, 2017). The request to extend the Closing Date for Grant No. TF015491 is justified because (a) unfinished activities need to be finalized for the project to achieve its objective, and (b) the Bank would not be able to process the Additional Finance by the current closing date of December 31, 2017. Per OPSPQ guidance note on processing Additional Financing dated July 1, 2014, ‘requests for Additional Financing are processed, approved, and signed before the original [grant] closes’. The current grant closing date is December 31, 2017.

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