devinitorg/iati-policy-markers huggingface dataset:
Masinloc Power Partners Co., Ltd The Masinloc Coal-fired Power plant (Masinloc CPP) is a 600MW power plant, located in Masinloc, province of Zambales (Island of Luzon), which has been operational since 1998.  The Masinloc CPP is being privatized through an international competitive bidding process, as part of the privatization program under a comprehensive sector reform law, the Electric Power Industry Reform Act (EPIRA).  The Masinloc CPP is expected to run primarily as a merchant plant, selling electricity through the bid-based wholesale electricity spot market (WESM).

The proposed IFC investment of up to $275 million A Loan and equity will partly finance the privatization of the Masinloc CPP.  The winning bid of $930 million was tendered by Masinloc Power Partners Co. Ltd (MPPC) a subsidiary of The AES Corporation of the US.  In the coming three years, the plant will also undergo refurbishment works to improve its operational and environmental performance. The project is the first thermal power privatization project in the country and the first coal-fired merchant power plant to be financed internationally in East Asia. It has a high development impact, as it is expected to:  
 
- Reinvigorate foreign investors interest in the countrys power privatization program after several years of inertia;  
- Continue to support power sector reform by restoring market confidence in the WESM mechanism and the institutional capacity of the Philippines in general;  
- Provide proof of concept and demonstration effect of a successful privatization of a large scale thermal merchant project to other East Asian countries who hesitate to embark in similar sector reforms;  
- Improve the operational and environmental performance of the plant; and 
- Introduce worlds best practice to turn around a public sector managed plant of below design capacity performance.
First Cravings TCG Holdings, Inc (TCG, or the Company) is a Philippine holding company with interests in food service and manufacturing, hotel operations and education. TCG is undertaking an expansion of its education business line, in particular the Asian School of Hospitality Arts (ASHA), operated by the Center for Hospitality Arts Management Philippines (CHAMP).

ASHA is a chain of education and training schools focused on the hospitality industry, specifically training for front-of-the-house staff for hotels, restaurants, resorts, and other tourism industry service providers. ASHA offers bachelors degree (Bachelor of Science in Hotel and Restaurant Management), diploma (Diploma in Hospitality Management), certificate (Certificate in Hotel and Restaurant Operations), and short courses under a flexible modular or ladderized approach. ASHA is undertaking the expansion of two existing school facilities in Antipolo and Quezon City, and the establishment of four new campuses in Pampanga, Naga, Cebu and Taguig (the Project). The expansion will increase ASHAs student capacity by 5,000 students from the current 1,410 students, and will require around 300 additional employees for the six locations. i) Increase access to specialized technical vocational education & training (TVET) or higher education for lower to middle income students in regions not well served by post-secondary education and in fields closely linked to employment needs in Philippines and globally; 
(ii) Employment generation in the six project locations;
(iii) Immediate employment opportunities for graduates; and
(iv) Opportunity for students and workers to continuously upgrade skills
Mindoro Resources Ltd IFC released the original SPI in September 24, 2008. The project was not submitted to the IFC Board as exploration activities ceased due to the global financial crisis. In April 2010, the company restarted exploration and IFC undertook its second review. This SPI updates the version previously disclosed (please see attached) and should be read in conjunction with it.  Mindoro Resources Ltd (Mindoro, or the Company) objective is to build a successful exploration and mining company in the Philippines with focus on nickel, copper and gold.  Mindoros primary asset is the 75% interest in the Agata nickel laterite deposit in the Agusan del Norte Region, Northern Mindanao Island. The Agata nickel prospect has the potential to become a sizeable nickel mine with resources possibly in excess of 100 million tons at comparatively attractive nickel grades. Agata has a NI 43-101 compliant measured and indicated resource of 36.5 million wet metric tonnes at 1.11% nickel (dry), containing 657 million pounds of nickel and 24 million pounds of cobalt. Mindoro also owns interests in gold, copper, and copper-gold prospects in the Surigao District, Batangas District on Luzon Island, and on Pan de Azucar Island.  IFC equity investment will support Mindoros resource drilling, feasibility and other studies, and exploration activities for its nickel, copper and gold prospects. The project is in exploration phase so its development impacts are limited in scope at this stage. However, the project is located in an underdeveloped part and frontier region of the country. It is outside of key centers of commercial activity and will likely contribute significantly to the areas development should it transition into a full operating mine and refining operation. Expected impacts would include generation of employment, local economic development through purchases of goods and services, improved access to infrastructure, and payments to central and local governments in the form of taxes and royalties.  Mindoro has also entered into a novel partnership arrangement with local artisanal miners to help them secure small scale mining permits and meet environmental and social compliance requirements. Mindoro has also entered into a Benefits Sharing Arrangement with local indigenous people committing the Company to providing employment opportunities, skills training, scholarship funds and a share of any mining revenues.  During the exploration phase the key impacts to monitor will include: (i) finalization of drilling program and resource confirmation; (ii) number of local employees; (iii) completion of feasibility studies confirming mine planning and applicable onsite processing techniques; and (iv) completion of required Social and Environmental assessments for each stage of development.
Navegar Fund II, L.P. Navegar II L.P. (the Fund), a Cayman Islands exempted limited partnership, is a private equity (PE) fund seeking $150 million in capital commitments to build a port­folio of equity and equity-linked investments in middle market, growth-oriented companies in the Philippines. The expected development impact of the Fund includes (i) improved access to long-term, patient, risk capital for fund investees which should lead to (ii) accelerated investee growth delivered via a deliberated approach from the General Partner through collaborating with management teams and providing hands-on financial, operations, strategic and governance guidance; (iii) increased PE investment levels are expected to improve market competitiveness by small and mid-cap companies supported by good PE investors and (iv) expanded access to institutional capital in the Philippines anticipated from new institutional and private investors.
Agila Project Cebu Air, Inc. (Cebu Pacific or the Company), with principal address in Cebu, Philippines, is a leading low-cost carrier and one of the largest airlines in the Philippines. In 2019, it carried 22.5 million passengers over 63 destinations. The Company is seeking financing from IFC to participate in its approximately US$500 million capital fundraising plan to (i) strengthen its balance sheet and ensure that it is well-positioned to recover from the impact of COVID-19 and (ii) implement a strategic transformation plan ensuring sustainable operations post-pandemic (the Project).  The outbreak of the COVID-19 pandemic worldwide has had a severe impact on the aviation industry, with almost all players expecting revenue declines of over 50% during 2020 and embarking upon significant downsizing in the near term. The business operations of Cebu Pacific were severely impacted, as its passenger traffic has dropped by as much as 99 percent year-on-year during Q2 2020. In this difficult time, the proposed investment presents an opportunity to enable Cebu Pacific to continue to operate as a key low-cost provider of much needed connectivity across the country as well as the region for both tourism and business travel. Further, supporting a market leading carrier like Cebu Pacific navigate the crisis will aid in the recovery of other economic sectors with close linkages, particularly tourism and also prevent disruptions in regional supply chains.  The proposed IFC investment to the Company consists of an equity-linked investment of up to US$125 million in the form of convertible bond or other similar instrument. The proposed investment includes the potential mobilization of financing from IFC Asset Management Company Emerging Asia Fund. The investment will support a leading low-cost airline in the Philippines address liquidity pressures due to the impact of the COVID-19 pandemic and help maintain access to essential services for passengers and businesses. It will contribute to mitigating disruption to connectivity and help better position the company ramp up services to match growing travel demand as economic activity starts to recover. Beyond the Project, IFC anticipates that the financing will contribute to market resilience of airline sector in Philippines via market enabling channels.
Asian Eye Institute The project will establish AEI, which will be the first comprehensive eye care ambulatory center in the Philippines to provide a complete range of services for diagnosis and management of eye diseases. AEI would have state-of-the art facilities and a world-class medical team composed of eight Filipino doctors who underwent training at the Massachusetts Eye and Ear Infirmary, a Harvard University affiliated teaching hospital. In addition to providing clinical services, AEI aims to build a specialized training and research ophthalmology facility that could serve the south east Asia region. AEI also plans to play an active role in the delivery of ophthalmological care to underserved populations.      As much as 85% of man''s learning and work processes require the sense of sight. Therefore its conservation, promotion and restoration when temporarily lost, are a key requirement for long term sustainable economic and social development. Bilateral blindness is regarded as a serious public health problem in the Philippines. To address this concern the government developed a national prevention of blindness program in the early 1990s. To some extent this program has been successful in reducing the bilateral blindness rate in the country from 1.07% (in 1987) to 0.70% (1995).  AEI will be actively supporting  the national program by providing cataract surgery, eye facility development and manpower training.    IFC primary role would be to provide long-term financing. Health in the developing world remains a sector where financial institutions are reluctant to invest. By  playing a lead role, IFC will demonstrate to others the commercial viability of private investment in innovative healthcare institutions such as AEI, that take on training, research and social responsibilities in addition to providing clinical services.
CF BDO Unibank Banco de Oro (BDO) is one of the largest banks in the Philippines with total assets of US$17B and equity of US$1.4B as of Sept. 30, 2009.  The Bank, which has a significant share of the sectors assets and deposits, has 707 branches (53% in Metro Manila).

The Bank intends to raise its core capital in order to support its growth strategy which will be driven by increased lending particularly to underserved sectors such as SME and infrastructure, as well as to provide a cushion for future shocks to the financial system and to enhance its risk management in line with Basel II prescriptions.  

IFC seeks to increase its support for systemically important local banks in Asian markets, such as the Philippines, as stronger equity capital footings will help to reduce systemic risk and enable these banks to play a strong role in increasing and improving financial intermediation as well as in the consolidation of the local banking sector. The proposed Project is expected to have a high development impact as it will (i) support the consolidation of the Philippine banking sector; (ii) strengthen the capital base and adequacy of the Bank and thus, facilitate the Banks expansion of its financial services in the Philippines; (iii) advance capacity and institution building of the Bank; and (iv) improve the Bank's capacity in social and environmental management.
DCM BDO Green International Finance Corporation (IFC) is considering an investment in a green bond of up to US$150 million to be issued by BDO Unibank, Inc. (BDO or the Bank). Through the investment, IFC will support BDO in raising long term funding for BDOs lending program to qualifying green projects in the Philippines (the Project). Project impact:  Stakeholders impact - IFC anticipates the Project will increase the Bank's ability to finance climate smart and environmental friendly projects. IFC's successful track record in the green bond market both as an issuer and investor would help BDO build up standards of the green bond for its future issuances and capability to market this product with other investors and issuers in the market.    Market impact: Competitiveness:  IFC anticipates that the Project will introduce a new capital markets product in the Philippines since it is the first green bond issued in the market. The Project might demonstrate viability of the green bond product, thus opening a way for other similar green bond issuances by other local financial institutions and corporates in the Philippines. Through this investment, IFC will also help build up standards of the green bonds in the market.    Sustainability:  IFC anticipates that the Project will promote financing climate smart and environmentally sustainable projects including renewable energy generation projects, green buildings and energy efficiency projects.
PNOC-EDC Loan PNOC-Energy Development Corporation (PNOC-EDC or the company) is an integrated geothermal steam and electric power producer with its core activities being the exploration, development, and production of geothermal energy. The company is an existing IFC client and is seeking financing to support their medium term capital expenditure program. PNOC-EDC is the largest company currently exploiting geothermal sources of energy in the Philippines, thus our support of this newly privatized company will provide critical additional resources of an appropriate tenor to help develop projects in the geothermal energy sector and thereby, help the country move toward greater reliance on private sources of growth in the infrastructure sector. Availability of additional resources for expansion and other investments in the industry will contribute towards the countrys effort to accelerate a change in its energy mix towards renewable energy.
Eastwood City Cyberpark Established in late 1999, Eastwood is an urban economic zone for information technology (IT)-driven companies and represents the Philippines'' first initiative to create a special economic zone for export-oriented IT companies, along lines similar to the software technology parks in India.  The project is envisaged to be a mixed use facility incorporating office and commercial developments and an IT school building.   It aims to provide an environment in which the technology infrastructure is state-of-the-art and companies have the facilities to conduct business efficiently.  The funds will be used to finance the construction of the IT school, the IT infrastructure and 3 IT buildings.     IFC Role   :     Improving Governance.    It is likely that IFCs support for this project will result in an improvement in the sponsors corporate governance practices through covenants in the IFC loan.    Providing long-term financing.     Under the present circumstances, Philippine corporations find it extremely difficult to secure long-term financing, as local banks are unable and foreign banks are reluctant to provide it. Though Megaworld would probably be able to proceed with the project in the absence of IFC financing, it would have to do so by obtaining much shorter term financing locally.     Critical mass   . The rationale for supporting a second technology park in the country lies in the competitive advantage of the Philippines in the IT services area. Building up a critical mass is crucial for the realization of this potential.     Development Impact   :     Export Potential   .   The project is likely to play an important role in strengthening the Philippines capacity to export IT-enabled services thus diversifying the countrys export base. Over-dependence on assembly type electronics exports has resulted in high macroeconomic vulnerability to shocks in external demand.      Gender Equality   : Many of the projects tenants would be IT enabled services such as call centers which employ primarily women, thus contributing to greater gender equality.
BDO SEF Project The project entails a risk sharing facility (the Facility) of up to $44 million equivalent to Banco de Oro Unibank, Inc. (BDO or the Bank). 

The Bank is one of the largest universal banks in the Philippines in terms of total assets. The Bank is a publicly listed domestic universal bank offering a wide range of financial services that include corporate, consumer, overseas and investment banking as well as asset management and insurance.

This Facility builds upon the Sustainable Energy Finance Program (SEF Program) launched in 2008. SEF programs aim has been to establish partnerships with local banks using financial products and technical advisory to increase funding to renewable energy (RE) and energy efficiency (EE) projects. The following development benefits are expected:

IFC is contributing to the development and diversification of the financial sector by assisting in the development of new markets and product lines with significant growth potential.

IFCs project complements BDOs strategy to support the EE and RE sectors and will enable the Bank to manage risk and grow its EE and RE assets at a faster pace than it would on its own.

Environmental and social benefits: The Philippines is heavily dependent on energy as an input and has one of the highest electricity rates in the region.  The project will contribute to increasing efficiency in industry and reduce operating costs.  In addition, the project will also contribute to pollution reduction by increasing usage of more efficient technologies with fewer harmful side-effects.
Technical support of trained CSOs for the production in social media in Cote d'Ivoire the 10 CSOs supervised by bloggers had to produce during this quarter These publications should address the issues of gender-based violence and women's political participation in Côte d'Ivoire Results. - 15 productions were realized by only 5 CSOs. These productions focused on topics related to gender-based violence, the representation of women in elected assemblies and the rights of the child. - These publications reached more than 1,600 people, including 800 on Facebook, and 650 on Twitter.
PIWA 3rd Quarterly Report 2017 Project "Women Occupy the Media"
3rd Quarterly Report 2017
Technical support of trained CBOs for the animation of CRCs in Senegal 30 CBOs benefited from capacity building in CRC facilitation methodology. These organizations, as a listening club, would collaborate with the radio stations and produce feedbacks in response to their debates on women's rights issues. In order to better regulate CRC's activities and their interactions with radio stations, a local consultant specialized in radio methodology was asked for this purpose. CRCs' members Results. - 15 listening sessions were organized and conducted by local radio. Internal discussions related to the topics selected during the training (especially marital violence and violence against girls, especially early marriages and their retention at school) were organized. - 318 participants from 75 CBOS were mobilized during the listening club sessions. The strong mobilization of women's organizations in these radio clubs. - CBOs’ interventions in the debates led local authorities to take steps to improve rural women's access to health care. Women can formulate specific requests at the local level which have been considered by local decision-makers
Technical and financial support of trained radio for the production of content in Mali In the framework of the partnership with Studio Tamani, local radio stations trained in March 2019 continued to produce magazine and debate-based productions about women in Mali. This is a total of 30 broadcasts (15 debates and 15 magazines) that were to be produced by the 15 radio stations benefiting from the training. As Results: - 18 content (9 magazines and 9 debates) were realized by 9 radios, on the cohort of 15 having benefited from the training, - 70% of the topics developed in productions were related to violence against women and girls in Mali, and more specifically the schooling of girls, and domestic violence. - 58 people participated both in magazines and debates. Among these participants, 35.19% were CSOs’ representatives, 22.22% were decisions-makers, 7% were religious leaders, and 27.28% were school supervisors. - Local radios are raising public debate between local authorities (mayors and sub-divisional officers), teaching staff and grassroots organizations, by initiating discussions on the challenges of schooling girls in rural Mali. - The participation of local decision-makers in these public conversations demonstrates their interest in addressing with local organizations delicate or even taboo issues, such as girls' education and domestic violence, in a context dominated by the radical conservatism that advocates inequality between girls and boys, men and women