Kenya - Financing Locally-Led Climate Action Program : Additional Financing and Restructuring

Overview & Synopsis

This program paper proposes an Additional Financing (AF) and restructuring comprising: AF of 30 million dollars in IDA resources including 28.35 million dollars for DLI 2 and 1.65 million dollars for national level activities under the IPF (category 3). As a result, there will be changes to the Program’s disbursement estimates; (b) restructuring of the Program to reflect: (i) changes to results framework indicators at the PDO and intermediate result levels, namely removal, addition, and revision of indicators and adjustments to several annual targets; and (ii) changes to the disbursement estimates and reallocation between disbursement categories, namely transfer of unused US$0.4 million from DLI1 to DLI2, and reallocation of 1,558,421 dollars under the program preparation advance to the IPF component (category 3).