Vision to Program to Projects (V2P2P)
Project Transaction Support | Financial
Preparation Advances for Sovereign-Backed Financing
The Bank may decide to make an advance (Preparation Advance) to finance preparatory activities for a Project to be supported by sovereign-backed financing. A Preparation Advance is made only when there is a strong probability that the financing for which it is granted will be extended, but granting a Preparation Advance does not obligate the Bank to finance or otherwise support the Project for which it is granted.