Second Rural Economic Development Initiative (REDI II) Project

The object of the Second Rural Economic Development Initiative Project for Jamaica is to enhance access to markets and to climate resilient approaches for targeted beneficiaries. The project has four components. Component 1 is climate resilient agricultural and community tourism investments for rural enterprises (Total 28.0 million US Dollars, IBRD 26.0 million US Dollars and Beneficiary Contribution 2.0 million US Dollars). The objective of this component is to promote the development of agricultural/community tourism enterprises that are better integrated in productive partnerships or "alliances" and operate more competitively in selected value chains, with more reliable linkages with buyers and markets and increased capacity to manage climate risks. Component 2 is the institutional strengthening and capacity building for public entities (IBRD 8.0 million US Dollars) This component aims to strengthen the capacity of relevant public sector institutions – the Ministry of Industry, Commerce, Agriculture, and Fisheries (MICAF), MOT, and JSIF – and associated entities (Rural Agricultural Development Authority (RADA), Tourism Product Development Company (TPDCo), and others) to provide the public infrastructure and quality services needed to promote inclusive rural development (based on the agriculture and tourism nexus) and to ensure the sustainability of the rural enterprises and productive partnerships supported by the project. Component 3 is the project management, monitoring, and evaluation (Total : IBRD 6.0 million US Dollars). This component will finance incremental costs associated with the coordination, administration, supervision, and monitoring and evaluation (M&E) of project implementation by JSIF and the technical Project Management Team (PMT) that JSIF will establish for REDI II. Costs to be financed include technical expertise (agriculture, tourism, business development, M&E, and so on), salaries of other contractual staff of JSI supporting the project,...