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"Slow implementation", World Bank lowers estimate for $70 million climate and agriculture project

"Slow implementation", World Bank lowers estimate for $70 million

The World Bank has downgraded the progress assessment of the project on "Climate Resilience and Agricultural Development" from satisfactory to moderately satisfactory, underlining that the implementation progress is slow.

The latest project monitoring report states that disbursements are slow and if this continues, the objectives of the project, which is financed with a $70 million loan, will most likely not be achieved.

“The project was approved on March 16, 2023, the Loan Agreement was signed on August 4, 2023, and became effective on April 15, 2024. Implementation has encountered significant delays, leaving the project one year behind schedule and with a low level of fund disbursement, currently at 2.4%.

If the project implementation continues at the same pace, there is a high possibility that the project will not fully achieve its development objectives. MARD (Ministry of Agriculture and Rural Development) should improve its commitment and leadership, thus ensuring the acceleration of project implementation, including taking important and critical decisions in a timely manner,” the section on implementation status and key decisions of the evaluation report states.

The project in question has a total of three components, where the first, worth 44 million USD, focuses on promoting climate-smart agriculture and access to markets.

The second component, worth $22 million, is to increase compliance with food safety and quality standards. This includes several laboratory points at border crossings, as well as the modernization and upgrading of laboratories for ISUV, AKVMB, and AKU.

The third component, worth $4 million, includes strengthening the analytical capacities of the ministry and municipalities regarding data-based analyses.

The program in question is highlighted as supporting, among other things, the modernization of irrigation and drainage, the modernization of markets, the creation of short value chains to reach from market to table, as well as the modernization and improvement of monitoring and a number of other elements./ Monitor

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