Shock Responsive and Resilient Social Safety Net Project

The development objective of the Shock Responsive and Resilient Social Safety Net Project for Comoros is to provide emergency cash transfers and improve the resilience of vulnerable households. The project comprises of four components. The first component, ensuring immediate response to shock objective is to mitigate the effects of the economic shocks from food and fuel price increases on poor and vulnerable urban and rural households through temporary income support. The second component, establishing economic opportunities aims to provide economic opportunities by supporting self-employment for the most vulnerable households, especially women and youth, and strengthening their resilience. It consists of following sub-components: (i) supporting livelihood and income generating activities; and (ii) cash for work for resilience. The third component, strengthening safety net coordination, project management, monitoring and evaluation consists of following sub-components: (i) building institutional capacity; and (ii) project management, monitoring and evaluation. The fourth component, contingency emergency response will allow for rapid reallocation of credit and grant uncommitted funds in the event of an eligible emergency in accordance with paragraphs 12 and 13 for situations of urgent need of assistance or capacity constraints of the World Bank policy for investment project financing (IPF).