602476 - Nepal Creating Markets for Tourism

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Summary of Advisory Services Project Information

Project Number

602476

Primary Business Area

Other

Disclosure Date

Jul 28, 2020

Country

Nepal

Region

South Asia

IFC Approval Date

Sep 24, 2019

Status

Completed

Estimated Total Budget

$1,915,395.00
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated Start Date

Oct 1, 2019

Project Estimated End Date

Oct 31, 2022

Project Description

PROJECT COMPONENTS Component 1: Support heritage villages to provide diversified offer: 1.1) Create investment options and linkages between local and international private sector. 1.2) Support Government and private sector with crises communication strategy and media outreach considering Covid-19 pandemic. 1.3) Support private sector and Government with developing and implementing standard protocols for health/hygiene. 1.4) Formalize quality tourism accommodation within Annapurna Conservation Area (ACA) through registration: Pilot roll-out of online registration system at Province 4. Component 2: Support linkages to market leaders for higher end resorts and franchise opportunities along new trails: 2.1) Conduct assessment of franchise opportunities. 2.2) Facilitate workshops/knowledge exchange between local chains and global boutique heritage brands. 2.3) Formalize existing lodges and support in upgrading quality through links to digital platforms and standard accreditations. Component 3: Support supply chain linkages for high-value resorts 3.1) Support formal supply chain linkages by conducting an inventory of fresh-produce supplies to accommodation, craft & souvenir supplies, information and guiding services to strengthen local economic impact.

Development Results

Indicator	Cumulative
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports) completed	12
Number of workshops, training events, seminars, conferences, etc.	4
Number of recommended procedures/firm-level policies/practices/standards that were improved or eliminated	null
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination	null

E&S Risks / Impacts and Mitigation

Performance Standard	Description and Potential Impact	Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts	As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.	Initial Disclosure: IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards. And will provide recommendations for appropriate mitigation measures whenever warranted
PS 4. Community Health, Safety and Security	As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards. The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project.	IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
PS 6. Biodiversity Conservation and Sustainable Management of Living Natural Resources	As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project.	IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
PS 7. Indigenous Peoples	As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.	IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
PS 8. Cultural Heritage	As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards. The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project	IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards and will provide recommendations for appropriate mitigation measures whenever warranted.

This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein.
It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.

The map is for illustrative purposes and does not imply the expression of any opinion on the part of the World Bank, concerning the legal status of any country or territory or concerning the delimitation of frontiers or boundaries. Country borders or names do not necessarily reflect the World Bank Group's official position. In some cases, available project location information is limited to the country of the project's activities. Locations are approximate.

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