Podcast
Questions and Answers
What are the primary objectives of the ELEMENT project, funded by the World Bank?
What are the primary objectives of the ELEMENT project, funded by the World Bank?
- To develop new irrigation systems for agricultural expansion in Tripura and Nagaland.
- To establish renewable energy plants across Tripura and Nagaland.
- To improve forest management and enhance economic opportunities in Tripura and Nagaland. (correct)
- To build new infrastructure in Tripura and Nagaland, focusing on urban development.
Which financial institution is providing the loan for the ELEMENT project?
Which financial institution is providing the loan for the ELEMENT project?
- Asian Development Bank (ADB)
- New Development Bank (NDB)
- International Monetary Fund (IMF)
- International Bank for Reconstruction and Development (IBRD) (correct)
What is the total maturity period of the loan provided by IBRD for the ELEMENT project, including the grace period?
What is the total maturity period of the loan provided by IBRD for the ELEMENT project, including the grace period?
- 7.5 years
- 16.5 years
- 12 years (correct)
- 4.5 years
How might the 'grace period' within the IBRD loan's terms specifically benefit the governments of Tripura and Nagaland in the initial phase of the ELEMENT project?
How might the 'grace period' within the IBRD loan's terms specifically benefit the governments of Tripura and Nagaland in the initial phase of the ELEMENT project?
What specific aspects of 'forest management' are likely to be addressed by the ELEMENT project to align with the goal of enhancing economic opportunities?
What specific aspects of 'forest management' are likely to be addressed by the ELEMENT project to align with the goal of enhancing economic opportunities?
What is the total amount of funding approved by the World Bank for the ELEMENT project?
What is the total amount of funding approved by the World Bank for the ELEMENT project?
Besides Tripura, in which other state will the ELEMENT project be implemented?
Besides Tripura, in which other state will the ELEMENT project be implemented?
What is the potential risk if the economic opportunities created by the ELEMENT project are not equitably distributed among the local populations of Tripura and Nagaland?
What is the potential risk if the economic opportunities created by the ELEMENT project are not equitably distributed among the local populations of Tripura and Nagaland?
If the ELEMENT project successfully enhances forest management, what broader environmental benefit might extend beyond Tripura and Nagaland?
If the ELEMENT project successfully enhances forest management, what broader environmental benefit might extend beyond Tripura and Nagaland?
How does the ELEMENT project reflect a strategic alignment between environmental conservation and economic development?
How does the ELEMENT project reflect a strategic alignment between environmental conservation and economic development?
Flashcards
Who approved ELEMENT project funding?
Who approved ELEMENT project funding?
The World Bank has approved USD 225.5 million in funding.
What does ELEMENT stand for?
What does ELEMENT stand for?
Enhancing Landscape and Ecosystem Management.
What is the ELEMENT project is aimed at?
What is the ELEMENT project is aimed at?
Improving forest management and enhancing economic opportunities.
In which states is the project operational?
In which states is the project operational?
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What is source of loan for ELEMENT project?
What is source of loan for ELEMENT project?
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What are the terms of the IBRD loan?
What are the terms of the IBRD loan?
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Study Notes
- The World Bank approved USD 225.5 million funding for the ELEMENT Project in Tripura and Nagaland
- The Enhancing Landscape and Ecosystem Management (ELEMENT) Project aims to improve forest management and enhance economic opportunities
- The funding is a loan from the International Bank for Reconstruction and Development (IBRD)
- The loan has a maturity period of 12 years
- The loan includes a grace period of 4.5 years
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