The MCDF grant aims to improve City Bank PLC’s (CBL) environmental and social (E&S) management system and practices, including its project-level grievance redress mechanism.

The activities to be financed by the grant include a gap analysis, measures to enhance CBL’s E&S management system, staff training, and implementation support.

The MCDF grant will help CBL meet AIIB and other International Financial Institution standards in areas such as biodiversity impact management, E&S assessment, and E&S risk management. It will in turn enable CBL to advance its sub-projects pipeline and ensure they are economically viable, environmentally sustainable, and socially inclusive.