AR Flood Risk Management Support Project for the City of Buenos Aires

Abstract*

The development objective of the Flood Risk Management Support Project for the Autonomous City of Buenos Aires for Argentina is to strengthen the autonomous city of Buenos Aires (CABA) to efficiently manage flood risk and improve the drainage systems in the Cildanez basin, Maldonado basin, and Vega basin. The project comprises of three components. 1) The first component, institutional development for flood risk management will support the creation... Show More

Development Objective

Strengthen the Autonomous City of Buenos Aires to efficiently manage flood risk and improve the drainage systems in the Cildanez Basin, Maldonado Basin, and Vega Basin.

Key Details

Project Details

Project ID
P145686
Status
Closed
Team Leader
Maria Ramirez , Nicolaas de Groot
Borrower 2
Buenos Aires City

Country
Argentina
Disclosure Date
January 29, 2014
Approval Date
(as of board presentation)
June 22, 2016
Effective Date
December 7, 2016

Total Project Cost 1
US$ 326.00 million
Implementing Agency
Chief of Cabinet of Ministries
Region
Latin America and Caribbean
Fiscal Year 3
2016

Commitment Amount
US$ 200.00 million
Environmental Category
A
Environmental and Social Risk
Not Applicable
Closing Date
September 1, 2023

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Last Update Date
March 5, 2024

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Water Resource Management50%
- FY17 - Water Institutions, Policies and Reform50%

FY17 - Finance

FY17 - Finance for Development13%
- FY17 - Disaster Risk Finance13%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management39%
- FY17 - Disaster Preparedness13%
- FY17 - Disaster Response and Recovery13%
- FY17 - Disaster Risk Reduction13%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	200.00
Borrower/Recipient	126.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	200.00
IDA Commitment	N/A
IBRD + IDA Commitment	200.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	326.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

No data available.

Detailed Financial Activity as of April 30, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Mar 20, 2017	IBRD-86280	Loan Disb	10,514,791.00
Jan 17, 2024	IBRD-86280	Loan Cancel	1,531,208.60
Jun 22, 2016	IBRD-86280	Loan Commitment	200,000,000.00
Oct 15, 2023	IBRD-86280	Int Charges	6,006,780.50
Oct 15, 2023	IBRD-86280	Loan Repay	5,683,772.50
Oct 15, 2023	IBRD-86280	Int Charges	21,447.34
Nov 29, 2023	IBRD-86280	Loan Cancel	6,700,000.00
Oct 15, 2023	IBRD-86280	Loan Repay	269,228.44
Apr 15, 2024	IBRD-86280	Int Charges	133,278.38
Apr 15, 2024	IBRD-86280	Int Charges	6,690,540.50
Apr 15, 2024	IBRD-86280	Loan Repay	5,074,557.00
Apr 15, 2024	IBRD-86280	Int Charges	3,050.45
Apr 15, 2024	IBRD-86280	Int Charges	5,164.40
Apr 15, 2024	IBRD-86280	Loan Repay	1,325,643.50
Apr 15, 2023	IBRD-86280	Int Charges	22,779.94
Apr 15, 2023	IBRD-86280	Int Charges	32,692.33
Apr 15, 2023	IBRD-86280	Int Charges	5,130,589.00
Apr 15, 2023	IBRD-86280	Int Charges	2,157.55
Jan 24, 2023	IBRD-86280	Loan Disb	9,000,000.00
Aug 18, 2023	IBRD-86280	Loan Disb	13,000,000.00
Nov 5, 2021	IBRD-86280	Loan Disb	9,000,000.00
Apr 15, 2022	IBRD-86280	Int Charges	51,507.41
Apr 15, 2022	IBRD-86280	Int Charges	1,119,733.80
Apr 15, 2022	IBRD-86280	Int Charges	51,507.41
Aug 31, 2022	IBRD-86280	Loan Disb	7,000,000.00
Feb 3, 2022	IBRD-86280	Loan Disb	5,000,000.00
Oct 15, 2022	IBRD-86280	Int Charges	44,508.98
Oct 15, 2022	IBRD-86280	Int Charges	44,508.98
Oct 15, 2022	IBRD-86280	Int Charges	2,313,604.00
Oct 15, 2020	IBRD-86280	Int Charges	73,014.42
Oct 15, 2020	IBRD-86280	Int Charges	1,820,945.60
Jul 21, 2020	IBRD-86280	Loan Disb	6,000,000.00
Jun 29, 2021	IBRD-86280	Loan Disb	4,000,000.00
Apr 15, 2021	IBRD-86280	Int Charges	1,134,424.40
Apr 15, 2021	IBRD-86280	Int Charges	68,769.22
Oct 15, 2021	IBRD-86280	Int Charges	66,269.26
Oct 15, 2021	IBRD-86280	Int Charges	1,070,551.00
Oct 15, 2021	IBRD-86280	Int Charges	66,269.26
Oct 15, 2019	IBRD-86280	Int Charges	76,748.73
Oct 15, 2019	IBRD-86280	Int Charges	2,772,253.50
Apr 15, 2020	IBRD-86280	Int Charges	76,628.38
Apr 15, 2020	IBRD-86280	Int Charges	2,313,738.20
Sep 6, 2018	IBRD-86280	Loan Disb	14,454,000.00
Oct 15, 2018	IBRD-86280	Int Charges	2,307,648.80
Oct 15, 2018	IBRD-86280	Int Charges	96,292.40
Apr 15, 2019	IBRD-86280	Int Charges	55,328.14
Apr 15, 2019	IBRD-86280	Int Charges	76,329.34
Apr 15, 2019	IBRD-86280	Int Charges	2,764,120.20
Apr 15, 2019	IBRD-86280	Int Charges	3,861.00
Apr 15, 2017	IBRD-86280	Int Charges	103,004.21
Apr 15, 2017	IBRD-86280	Int Charges	345,920.00
Oct 15, 2017	IBRD-86280	Int Charges	186,084.20
Oct 15, 2017	IBRD-86280	Int Charges	700,178.00
Oct 11, 2017	IBRD-86280	Loan Disb	24,000,000.00
Oct 15, 2017	IBRD-86280	Int Charges	1,872.50
Oct 15, 2017	IBRD-86280	Int Charges	17,568.18
Dec 12, 2017	IBRD-86280	Loan Disb	30,000,000.00
Apr 15, 2018	IBRD-86280	Int Charges	9,162.37
Apr 15, 2018	IBRD-86280	Int Charges	1,365,686.60
Apr 15, 2018	IBRD-86280	Int Charges	130,324.01
Apr 15, 2018	IBRD-86280	Int Charges	657.53
May 25, 2018	IBRD-86280	Loan Disb	19,300,000.00
Dec 16, 2016	IBRD-86280	Loan Disb	40,000,000.00
Dec 7, 2016	IBRD-86280	Loan Disb	500,000.00
Dec 7, 2016	IBRD-86280	Fee Charges	500,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Financial Management	Satisfactory	2023-08-07
Monitoring and Evaluation	Satisfactory	2023-08-07
Overall Implementation Progress (IP)	Moderately Satisfactory	2023-08-07
Counterpart Funding	Satisfactory	2023-08-07
Progress towards achievement of PDO	Moderately Satisfactory	2023-08-07
Procurement	Moderately Satisfactory	2023-08-07
Project Management	Satisfactory	2023-08-07

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 03-04-2024
Outcomes	Substantial
Risk to Development Outcome
Bank Performance	Substantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-17-2024	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Satisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

CABA's Flood Risk Management Interministerial Council complies with its functions as foreseen in its creational decree Value No Yes
Date February 4, 2016 September 1, 2023
Comment
Direct project beneficiaries Value 200000.00 3001287.00 0.00
Date May 4, 2015 September 1, 2023
Comment
Weather forecasting warnings based on data from the hydrometeorological network Value No Yes
Date May 4, 2015 September 1, 2023
Comment
Female beneficiaries Value 50.00 50.00 0.00
Date May 4, 2015
Comment
Vulnerable population protected from flooding Value 0.00 47000.00 47000.00
Date May 4, 2015 September 1, 2023 November 15, 2021
Comment
Increased drainage capacity in the targeted areas from infrastructure out in place (flow m3/sec) Value 0.00 60.00 0.00
Date May 4, 2015 September 1, 2023
Comment
Land area protected from flooding after rainstorm events with an intensity of up to the equivalent of Tr=10 years Value 0.00 18.00 18.00
Date May 4, 2015 September 1, 2023 November 15, 2021
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Implementation progress of the SIHVIGILA	Value	NO	69 stations gathering data and used for analysis	33 stations gathering data and used for analysis
	Date	February 4, 2016	September 1, 2023	September 1, 2023
	Comment

Neighbors' requests responded Value 0.00 100.00 0.00
Date February 4, 2016 September 1, 2023
Comment
Secondary and tertiary drainage conduits constructed Value 11.00 42.30 0.00
Date May 4, 2015 September 1, 2023
Comment
Length of Vega drainage tunnel constructed Value 0.00 8.40 0.00
Date May 4, 2015 June 30, 2023
Comment
Beneficiaries’ satisfaction with complete water works (1 to 5) Value 0 3.88 3.20
Date January 1, 2018 September 1, 2023 November 15, 2021
Comment
People reached by communications campaings on flood risk management carried out by the city of Buenos Aires Value 0.00 45000.00 10000.00
Date May 4, 2015 September 1, 2023 November 15, 2021
Comment
Flood resilience (1 to 5) Value 2.85 3.365 3.125
Date November 19, 2018 September 1, 2023 January 1, 2020
Comment
Vulnerable population trained on flood risk management issues Value 160.00 861.00 800.00
Date May 4, 2015 September 1, 2023 November 15, 2021
Comment
Participants of participatory workshops related to flood risk management Value 0.00 705.00 600.00
Date May 4, 2015 September 1, 2023 November 15, 2021
Comment
Beneficiaries of educational programs on flood risk management in schools Value 0.00 30000.00 3200.00
Date May 4, 2015 September 1, 2023 November 15, 2021
Comment

Direct project beneficiaries	Value	200000.00	3001287.00	0.00
	Date	May 4, 2015	September 1, 2023
	Comment

Female beneficiaries	Value	50.00	50.00	0.00
	Date	May 4, 2015
	Comment

Neighbors' requests responded	Value	0.00	100.00	0.00
	Date	February 4, 2016	September 1, 2023
	Comment

Secondary and tertiary drainage conduits constructed	Value	11.00	42.30	0.00
	Date	May 4, 2015	September 1, 2023
	Comment

Beneficiaries’ satisfaction with complete water works (1 to 5)	Value	0	3.88	3.20
	Date	January 1, 2018	September 1, 2023	November 15, 2021
	Comment

Flood resilience (1 to 5)	Value	2.85	3.365	3.125
	Date	November 19, 2018	September 1, 2023	January 1, 2020
	Comment

Vulnerable population trained on flood risk management issues	Value	160.00	861.00	800.00
	Date	May 4, 2015	September 1, 2023	November 15, 2021
	Comment

CABA's Flood Risk Management Interministerial Council complies with its functions as foreseen in its creational decree	Value	No	Yes
	Date	February 4, 2016	September 1, 2023
	Comment

Increased drainage capacity in the targeted areas from infrastructure out in place (flow m3/sec)	Value	0.00	60.00	0.00
	Date	May 4, 2015	September 1, 2023
	Comment

Land area protected from flooding after rainstorm events with an intensity of up to the equivalent of Tr=10 years	Value	0.00	18.00	18.00
	Date	May 4, 2015	September 1, 2023	November 15, 2021
	Comment