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LOANS & CREDITS April 28, 2020

India: Enhancing Coastal and Ocean Resource Efficiency (ENCORE)

WASHINGTON, April 28, 2020 – The World Bank Board of Executive Directors today approved financing for the following program:

Enhancing Coastal and Ocean Resource Efficiency (ENCORE)

IBRD loan: $400 million

Terms: Maturity= 14.5 years; Grace period= 5 years

Project ID: P167804

Project Description: The program will help India enhance its coastal resources, protect coastal populations from pollution, erosion, and sea level rise, and improve livelihood opportunities for coastal communities. 


New Delhi
Nandita Roy
Washington D.C.
Elena Karaban
+1 (202) 473-9277