World Bank Group

04/11/2022 | Press release | Distributed by Public on 04/12/2022 13:41

Implementation of the Extractives Industry Transparency Initiative (EITI) in Ecuador

  • Abstract
  • Key Details
  • Finances
  • Ratings
  • Results

Development Objective

To assist the Government of Ecuador in increasing operational capacity of the Technical Secretariat and the Multi-Stakeholder Group (MSG) on implementing EITI. This will increase transparency and accountability in the extractives sector by using government informa tion systems for disclosing data and promoting a better understanding of the extractive industries value chain.

Key Details

Project Details

  • Project ID

    P176221

  • Status

    Active

  • Team Leader

    Javier Aguilar

  • Borrower 2

    Republic of Ecuador

  • Country

    Ecuador

  • Approval Date

    (as of board presentation)

    April 11, 2022

  • Total Project Cost 1

    US$ 0.00 million

  • Implementing Agency

    Vice Ministry of Mines

  • Last Update Date

    March 31, 2022

  • Closing Date

    N/A

  • Notes

    1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.

    2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.

    3. "Fiscal Year" is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

No data available.

Themes

No data available.

Project Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
No data available.

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument Investment Project Financing
Grant Amount 0.60
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2022

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2022

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Footnotes

*The financial data in this block are updated on a monthly basis. For more information on World Bank lending by country please visit the Country Lending Summaries.

** Principal refers to the original US dollar amount of the loan, credit, or grant that was committed and approved. Disbursements represent increases in the balance outstanding due to payments made to borrowers, as well as capitalized charges (such as loan origination fees on IBRD loans). Repayments refer to the total principal amount paid or prepaid to IBRD or IDA in US dollars, calculated at the exchange rate on the value date of the individual repayment. Repayments include payments made by borrowers, debt relief provided by IDA, and payments made by third parties on behalf of the borrowers. The disbursed amount less the repaid amount, for loans and credits, may not equal the loan or credit balance outstanding due to exchange rate movements.

Ratings

IMPLEMENTATION RATINGS

PREVIOUS RATINGS CURRENT RATINGS: 01-01-1900
N/A N/a N/a

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.