This section provides information on projects being financed fully or partially with HRF funding. The HRF only considers proposals that have been endorsed by the IHRC. Project proposals seeking HRF funding should thus be submitted first through the IHRC website, which also provides further information on the IHRC approval process.
Of the total US$ 376.42 million in funds contributed to the HRF, the Steering Committee has made cumulative funding decisions totaling US$ 274.08 million for seventen projects (project costs including fees). The following table provides a brief overview of the financing and objectives for each project with additional information on individual projects provided in the linked project summary and full project document (if available) (please click on the table to obtain an enlarged picture).
Out of the total US$274.08 million in approved recipient executed grants (project costs including fees), 47 percent of funding is being channeled through the UN as Partner Entity, 38 percent is channeled through the World Bank, and for 15 percent of the approved grants the IDB serves as the Partner Entity.
All approved projects are in line with the priorities set out in the Government’s Action Plan for National Recovery and Development of Haiti. The current HRF portfolio is both sectorally and geographically diverse, reflecting the multidimensional nature of the reconstruction effort and the broad range of financing needs. By channeling HRF funding to priorities identified in the Action Plan, the operations approved to date provide strategic financing to fill identified funding gaps for a number of key sectors. The below figures provide an overview of the financing gaps for selected priority sectors identified in the Government’s Action Plan and the funding provided by the HRF to fill these financing gaps.
HRF funding has contributed significantly to reducing the financing gap for specific sectors, especially disaster risk reduction where HRF funding reduced the financing gap by 22 percent, reconstruction where the HRF funding provided 17 percent of outstanding funding and urban development where the financing gap was reduced by 11 percent [Financing Gaps as identified in Recovery and Development Grant Activities by Sector for 2010 and Beyond from the Office of the Special Envoy for Haiti (November, 2010)].