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- W2782672665 abstract "The objective of the Adaptation Fund: Increasing Climate Resilience Enhancing Sustainable Land Management in the Southwest of the Buenos Aires Province Project is to contribute to reducing climate and man-made vulnerability of the agroecosystems in the Southwest of the Buenos Aires Province by increasing adaptive capacity of key local institutions and actors and piloting and disseminating climate resilient and sustainable land management practices. The need for restructuring emerged during the mid-term review conducted in April 2017. In August 2017, the GoA sent a formal request for a restructuring of the Project that covered (i) simplification of the Project design by dropping two minor outputs that are not considered cost-effective at the current situation in the project area, (ii) adjustments to the Results Framework; (iii) revision of the implementation arrangements regarding the degree of participation of the Provincial Agency for Sustainable Development (OPDS, for the Spanish acronym); and (iv) reallocation of grant proceeds among Disbursement Categories. As the related exchange with the Adaptation Fund (AF) got belated, the Bank and GoA agreed to proceed with a phased restructuring: (i) an urgent reallocation of funds and an accompanying update of the disbursement estimates was completed in January 2018, while (ii) the second and present restructuring on the other changes was postponed until agreement was reached with the AF. In late May 2018, the AF agreed with the proposed adjustments that it considered not to imply ‘material’ changes to the Project design. The GoA complemented its earlier restructuring request with a Project closing date extension of 9 months in July. The Bank consulted with the AF that approved the extension, but the restructuring remained belated until December 2018 due to the delayed audit report." @default.
- W2782672665 created "2018-01-26" @default.
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- W2782672665 date "2018-12-19" @default.
- W2782672665 modified "2023-09-27" @default.
- W2782672665 title "Disclosable Restructuring Paper - Adaptation Fund: Increasing Climate Resilience Enhancing Sustainable Land Management in the Southwest of the Buenos Aires Province - P125804" @default.
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