West African Development Bank (Banque Ouest Africaine de Développement or BOAD) Development and Implementation of a Social and Environmental Management System
- Region
- Western Africa
- Sector
- Multi sector
- Scope
- TA
- Grant Amount
- EUR 400,000
- Total project cost
- EUR 67,000,000
- Status
- Approved
- PFG Lead Financier
- AfDB
The ITF grant will be used to develop and implement a comprehensive Social and Environmental Management System (SEMS), which would facilitate BOAD’s ability to more effectively identify, assess, address, monitor, and adapt to environmental and social (E&S) risks and impacts in the projects it seeks to finance through the African Development Bank's second line of credit and through the resources of other development partners. A SEMS would ensure that BOAD has established the requisite policies, procedures, institutional structures, reporting mechanisms, monitoring tools, staff capacities, etc. The SEMS would be specifically tailored to enhance BOAD’s institutional strengths through the inclusion of international and regional best practices and approaches in the E&S domain. The SEMS will also strengthen the technical expertise of BOAD staff members, facilitating the transfer of knowledge on E&S matters within BOAD as well as to other agencies and institutions which BOAD collaborates with across West Africa.
