MDB Monthly Voting Record

January 2020

Board 

Date

Bank 

Group Window Country Loan Type Project Amount

US 

Position Reason Code

Env. 

Category

7-Jan-20 WB IDA Vanuatu Grant

Vanuatu Disaster Risk Management Development 

Policy Grant with a Catastrophe-Deferred Drawdown 

Option (CAT-DDO) $10.00 Support C

7-Jan-20 WB MIGA Egypt Guarantee

Modification to Proposed Guarantees to Scatec Solar 

AS, Kingdom of Norway, or any of its affiliates in the 

Kingdom of Netherlands $52.35 Support N/A

8-Jan-20 AFDB AFDF

Sao Tome and 

Principe Grant

Economic Reform and Power Sector Support 

Programme - Phase I (ERPSSP-I) $6.86 Support N/A

8-Jan-20 WB IFC World Equity

Proposed Investment in Incomlend Pte Limited for the 

Incomlend Project $5.00 Abstain

Includes Chinese SMEs. Does not meet the 

BHN exception to the Human Rights 

Mandate 8 C

8-Jan-20 AFDB TSF, AFDF Regional Grant, Loan

ECOWAS Regional Centre for Diseases Surveillance 

and Control - Phase I (CRSCM 1) $12.68 Abstain

Policy concerns with the sectoral focus of the 

operations. 1 B

9-Jan-20 WB IFC Ethiopia Loan

Proposed Investment in Luna Export Slaughterhouse 

PLC for the Luna Ranch Project $2.50 Support B

10-Jan-20 WB IBRD Peru Loan National Urban Cadaster and Municipal Support Project $50.00 Support B

10-Jan-20 WB IFC Cote d`Ivoire Loan Proposed Investment in FCS RE Ciprel 5 $126.00 Support 62 A

10-Jan-20 WB IFC Chile Equity

Proposed Investment in Fondo Esperanza SpA for the 

DCM Esperanza SB Project $10.00 Support FI-3

10-Jan-20 WB IFC Kenya Equity

Proposed Investment in Naivas International Ltd. 

(Naivas) for Project Swahili $15.00 Support B

10-Jan-20 WB WB Poland Non-Financial

Inspection Panel Recommendation not to Pursue 

Investigation of Odra-Vistula Flood Management 

Project $0.00 Support N/A

13-Jan-20 ADB ADB, CTF Thailand Loan

Southern Thailand Wind Power and Battery Energy 

Storage Project $12.47 Support B

13-Jan-20 AFDB AFDF Ethiopia Grant

Multinational: Feasibility Study for Standard Guage 

Railway Ethiopia to Sudan $1.20 Support N/A

13-Jan-20 EBRD EBRD Turkey Loan

YKB FIF – TURWIB II (under Regional: Financial 

Intermediaries Framework and Turkey: Women in 

Business Programme) $0.00 Support B

13-Jan-20 WB IBRD/IDA Costa Rica Non-Financial

Costa Rica - Performance and Learning Review for the 

Period FY16-20 $0.00 N/A N/A

13-Jan-20 WB IDA Cote d`Ivoire Grant Dedicated Grant Mechanism for Cote d’Ivoire $4.50 Support B

13-Jan-20 WB IFC Mexico

Guarantee, 

Loan Proposed Investment in ABL Trust Mexico $123.50 Support FI-2

13-Jan-20 WB IFC, PSW Cote d`Ivoire Credit NSIA Banque Cote d'Ivoire $30.00 Support FI-2

13-Jan-20 WB MIGA Cote d`Ivoire Guarantee

Modification of Proposed Guarantees for Investments 

and Shareholder Loans to Azito Energie S.A. $156.90 Support N/A

14-Jan-20 EBRD EBRD Macedonia Credit Sparkasse Bank Macedonia Second Mortgage Line $2.72 Support FI

14-Jan-20 WB IBRD/IDA Bangladesh Non-Financial Bangladesh Performance and Learning Review $0.00 N/A N/A

14-Jan-20 WB IDA Nepal Credit, Grant

Earthquake Housing Reconstruction Project - Second 

Additional Financing $239.00 Support B

Page 1 of 3
MDB Monthly Voting Record

January 2020

Board 

Date

Bank 

Group Window Country Loan Type Project Amount

US 

Position Reason Code

Env. 

Category

15-Jan-20 AFDB AFDF Djibouti Grant

Geothermal Exploration Project in the Lake Assal 

Region - Additional Financing $3.27 Support B

15-Jan-20 EBRD EBRD Regional Loan DFF Corporate (Non-SME) - Headroom Extension $0.00 Support N/A

15-Jan-20 EBRD EBRD Estonia Loan Project Telos $33.00 Abstain Weak additionality. 1 FI

15-Jan-20 EBRD EBRD Poland Loan Inea Expansion $17.00 Support B

15-Jan-20 EBRD EBRD Bulgaria Non-Financial Strategy for Bulgaria (2020 - 2025) $0.00 Support N/A

15-Jan-20 WB IDA Chad Grant

Sahel Women Empowerment and Demographic 

Dividend Project -- Additional Financing $9.00 Support C

15-Jan-20 IDB IDB Brazil Loan

Fiscal Management Modernization Project for the State 

of Bahia - PROFISCO II-BA $40.00 Support C

15-Jan-20 IDB IDB Guatemala Grant, Loan Sustainable Forest Management Project $9.23 Support B

15-Jan-20 IDB IDB Brazil Loan

Early Childhood Education Expansion and Improvement 

Program in the State of Espírito Santo $73.60 Support B

17-Jan-20 EBRD EBRD Regional Equity Project Cure $75.00 Abstain Weak additionality and transition impact. 1 B

17-Jan-20 WB IDA Chad Grant

Second Programmatic Economic Recovery and 

Resilience Development Policy Financing $100.00 Support N/A

17-Jan-20 WB IFC Thailand Equity Proposed Investment in Lakeshore Captial II L.P. $20.00 Support FI-2

17-Jan-20 WB IFC Regional Equity

Proposed Investment in Riverwood Capital Partners 

LatAm, L.P. -- Additional Financing $10.00 Support FI-2

20-Jan-20 AFDB AFDF Regional Grant Tripartite Capacity Building Program - Phase II $1.18 No

International Terrorism and Zimbabwe; Meets 

the TIPs exceptiom.

10, 40, 

45, 46 C

21-Jan-20 WB IDA Grenada Credit

Grenada Disaster Risk Management Development 

Policy Credit with a Catastrophe Deferred Drawdown 

Option $20.00 Support C

21-Jan-20 WB IFC Chile Loan

Proposed Investment in HMC Andean Private Debt 

Fund $20.00 Support FI-2

21-Jan-20 IDB IIC, IDB Regional Loan Proposed Loan to Corporation Favorita C.A. $230.00 Support B

22-Jan-20 AFDB AFDF Zimbabwe Grant

Africa Disaster Risk Financing (ADRiFi) Program - 

Capacity Building Project $0.70 No Zimbabwe legislation 46 C

22-Jan-20 WB IFC Pakistan Equity Proposed Investment in OneLoad $3.00 Support C

22-Jan-20 IDB MIF Haiti

Technical 

Cooperation

Vetiver Forward: Digital Innovation for oa Fair and 

Sustainable Value Chain $1.20 Support C

23-Jan-20 ADB ADB China Loan New Energy Bus Leasing Project $100.00 No Does not meet any TIPs exception. 41 FI-3

23-Jan-20 WB IDA Vanuatu Credit, Grant Vanuatu Climate Resilient Transport Project $66.00 Support B

24-Jan-20 EBRD EBRD Tajikistan

Technical 

Cooperation

Dushanbe Public Transport Extension -- Additional 

Financing $1.40 Support N/A

24-Jan-20 EBRD EBRD Morocco

Technical 

Cooperation BMCE (GCF GEFF Regional - Morocco Value Chain) $2.22 Support N/A

24-Jan-20 EBRD EBRD Armenia

Technical 

Cooperation

Support for the Implementation of Renewable Energy 

Auctions in Armenia $0.85 Support N/A

24-Jan-20 WB IFC Peru Equity

Proposed Investment in Compass Fondo de Inversion de 

Adelanto de Efectivo (DCM Compass FAE) $21.00 Support FI-2

27-Jan-20 AFDB AFDB Cote d`Ivoire Non-Financial

Addendum to Atinkou (Ciprel V) 390 MW Gas Power 

Project $0.00 Support 62 A

27-Jan-20 EBRD EBRD Kyrgyz Republic Equity Highland Private Equity & Mezzanine Fund $8.00 Support FI

27-Jan-20 EBRD EBRD Morocco Loan Saiss & Garet Water Conservation Project $167.24 Abstain Environmental policy concern 1 B

Page 2 of 3
MDB Monthly Voting Record

January 2020

Board 

Date

Bank 

Group Window Country Loan Type Project Amount

US 

Position Reason Code

Env. 

Category

27-Jan-20 EBRD EBRD Poland Loan Project Copernicus $52.33 Support B

28-Jan-20 EBRD EBRD Turkey Loan

Ekol Ro Ro Project (Restructuring and Additional 

Financing) $35.00 Support N/A

28-Jan-20 WB IFC World Guarantee

Proposed Guarantee for Standard Chartered Bank (DCM 

SCB CVA) $150.00 Support FI-3

28-Jan-20 IDB IIC Mexico Loan Enel Green Power Assets $100.00 Support B

29-Jan-20 AFDB AFDB, Trust Fund Egypt Loan Corporate Leasing Company "Corplease" $22.00 Support FI-2

29-Jan-20 EBRD EBRD Tajikistan

Technical 

Cooperation Khatlon Energy Loss Reduction Project $1.34 Support N/A

29-Jan-20 IDB IDB El Salvador Loan

Global Credit Program for Micro and Small Enterprises 

in El Salvador $20.00 Support FI-3

29-Jan-20 IDB IDB Bahamas Loan

Reconstruction with Resilience in the Energy Sector in 

The Bahamas $80.00 Support B

30-Jan-20 WB IBRD Peru Loan Lima Metropolitano BRT North Extension $93.00 Support 62 A

30-Jan-20 WB IBRD Macedonia Loan Agriculture Modernization Project $50.50 Support C

30-Jan-20 WB IBRD Macedonia Loan Public Sector Energy Efficiency Project $27.40 Support C

30-Jan-20 WB IDA Lesotho

Credit, Grant, 

Loan Lesotho Renewable Energy and Energy Access Project $52.90 Support B

30-Jan-20 WB IFC India Loan

Proposed Sale of IFC's Bond Holding in Axis Bank's 

Infrastructure Bonds $0.00 Support N/A

31-Jan-20 IDB IIC Guatemala Loan

SME Financing Agreement with Banco Promerica 

Guatemala $25.00 Support FI-2

31-Jan-20 IDB IIC, CTF Haiti Loan Sigora Haiti S.A. -- Amendment $20.00 Support N/A

Page 3 of 3