Meetings

Steering Committee met on August 17, 2010 in Port au Prince

Funding recommended for two projects (adding US$ 30) and Canada signed agreement to contribute with US$30 million to the multi-donor fund

 The Haiti Reconstruction Fund’s Steering Committee met in Port au Prince on August 17 2010 to consider two funding requests submitted by the Interim Haiti Recovery Commission (IHRC). The first to put in place a debris removal and recycling system in Port au Prince. This project will be implemented by a consortium of agencies led by the UN. The total cost is US $ 16.95 million fully funded by the HRF. The second one aims to establish a partial credit guarantee fund for enterprise development. This project will be co-funded by the Inter-American Development Bank (with a contribution of $20 million), the World Bank (with a contribution of US$ 2.5 million) and the HRF (with a contribution of $12.5 million).

During this meeting, the Canadian International Development Agency (CIDA) signed an agreement with the International Development Association (IDA), HRF´s trustee, to transfer US$ 30 million. The government of Oman had also contributed with US$ 5 million early in August. These contributions bring the total amount of contributions received by this multi-donor fund to $ 135 million. It is expected that this sum rises to US $ 260 given the announcements of the United States and France, made during the SC meeting, of contributing with US$ 100 and US$ 30 million, respectively. The Fund expects to receive up to $ 500 based on pledges made in previous international summits.

Click here for the Meeting agenda proposal No. 1 (debris removal), and proposal No. 2 (partial credit guarantee fund). Minutes soon to be posted.

Table 1 provides a summary of main decision, follow up actions and resposibilities.

 Table 1: Decisions, Responsibilities and Timeframe

Activity-Task

Action

Responsible

Timeframe

Approval of Minutes from First SC meeting

Posting on Fund’s website

Secretariat

Immediate

Approval of Trustee report

Posting on Fund’s website

Trustee & Secretariat

Immediate

Approval of standards for partner entities

Will be adapted for consideration of potential applicants

Trustee & Secretariat

When applicable

Preliminary approval of UN and IDB proposals

Partner entities to submit complete documents for virtual review by SC members

Secretariat & SC

When applicable

HRF to set aside USD29.45 million for two proposals

Trustee

Immediate

Finalization of transfer agreement with respective partner entity

Trustee and Partner Entity

When applicable

Minor amendment to Operations Manual

Addition of footnote on sliding fees scheme and circulation of SC

Secretariat

Immediate

Steering Committee meetings

When in person, to be held the next day of the IHRC Board meeting in the same venue

All

When applicable

Strategic funding allocation

Secretariat to conduct preliminary research to anticipate funding requests by IHRC and encourage project preparation support by HRF

Secretariat

Immediate

First Steering Committee held on June 17, 2010 in Port-au-Prince.

Urgent requests for financing from the Interim Haiti Reconstruction Commission (IHRC) approved

The first Steering Committee Meeting of the Haiti Reconstruction Fund (HRF) was held on June 17, 2010 from 16:00 – 19:00 at the Karibe Convention Center in Port-au-Prince.  The meeting was chaired by Finance Minister Ronald Baudin and attended by members (representatives of the Governments of Haiti, Brazil, and Norway; the Inter-American Development Bank, the United Nations and the World Bank as Partner Entities; and the Trustee), the Secretariat and observers from the donor community. Click here for the meeting's agenda and approved Minutes. Table 2 provides a summary of decisions and follow-up actions.  

TABLE 2. SUMMARY OF DECISIONS AND FOLLOW-UP ACTIONS

DECISION/REQUEST

ACTION

RESPONSIBLE PARTY

IHRC-HRF document to be modified to include IHRC prioritization and exclude HRF as full member of IHRC

Revise and circulate document HRFSC/1.01e

Secretariat

Request for clarification of criteria and process for including new Partner Entities

Circulate  note to Steering Committee

Trustee

Request for clarification of fee structure

Revise and circulate  document HRFSC/1.03e

Secretariat (with inputs from the Trustee on its section)

Approval of Operations Manual with amendments concerning Implementing Agencies, local governments as donors, GoH representation, observers, fee schedule, IHRC final approval, and financial reporting
  1. Revise and circulate Operations Manual
  2. Amend Governance Annex and circulate to SC
  1. Secretariat in consultation with Trustee

 

  1. Trustee

Allocation of USD30 million to World Bank to co-finance budget support operation
  1. Record funding approval
  2. Prepare and circulate model Transfer Agreement to SC
  3. Execute Transfer Agreement with WB
  4. Confirm that allocation does not require final IHRC approval
  1. Trustee
  2. Trustee (draft) and Secretariat (circulate)

 

  1. Trustee and WB as Partner Entity

 

  1. Steering Committee

Allocation of USD1,585,000 for FY11 administrative budgets for the Trustee and the Secretariat
  1. Record funding approval
  2. Prepare and circulate MOU to Steering Committee for review and approval
  1. Trustee
  2. Trustee (draft) and Secretariat (circulate)