📋 Tender Overview
Region: East asia and pacific
Commitment Amount: Us$ 400.00 million
Total Project Cost: Us$ 400.00 million
The proposed Bank-financed program is intended to support the Government’s priorities in the Yangtze River Economic Belt. It is proposed to focus on improving institutional coordination and integrated development through investments in the proposed 14thFive Year Plan that contribute to water pollution control and ecological protection targets in the Yangtze River Basin. IBRD financing in the amount of US$400 million will support loans to several selected provinces in the first phase engagement. This is expected to leverage significant Government financing as part of the commitments to the national strategy for the Yangtze River Economic Belt. Government investments include existing public transfers through eco-compensation as well as other investment vehicles. In addition, there are a number of provincial mechanisms. These will be confirmed during preparation. The activities to be supported would be mapped to the five main results areas to improve outcomes associated with the YREB Development Plan.The proposed Program will also include interventions aimed at strengthening program management, monitoring, evaluation and verification, as well as knowledge generation, exchange, advocacy and replication. The implementation arrangements will be aligned with the Governments YREB Development Plan.
The Yangtze River basin covers 19 provinces in China and provides the main source of water for almost 600 million people, and as a region accounts for 45 percent of China’s GDP. It is reportedly a major conveyer of plastic and other pollutants to the world’s oceans. It is also home to a third of China’s endangered species and 40 percent of its rare or endangered plants.
