Floods Emergency Recovery Project

Abstract*

The Floods Emergency Recovery Project of Serbia has an objective to: (i) help restore power system capability to reliably meet domestic demand; (ii) protect livelihoods of farmers in flood affected areas; (iii) protect people and assets from floods; and (iv) improve the Borrowers capacity to respond effectively to disasters. The project consists of four components: (1) Energy Sector Support; (2) Agricultural Sector Support; (3) Flood Protection; and... Show More

Development Objective

The Project Development Objective (PDO) is to: (i) help restore power system capability to reliably meet domestic demand; (ii) protect livelihoods of farmers in the flood affected areas; (iii) protect people and assets from floods; and (iv) improve the Borrower’s capacity to respond effectively to disasters.

Key Details

Project Details

Project ID
P152018
Status
Closed
Team Leader
Berina Uwimbabazi , Darko Milutin
Borrower 2
Republic of Serbia

Country
Serbia
Disclosure Date
September 4, 2014
Approval Date
(as of board presentation)
October 3, 2014
Effective Date
March 6, 2015

Total Project Cost 1
US$ 300.00 million
Implementing Agency
Elektroprivreda Srbije,Directorate of Water Management,Directorate of Agrarian Payments (DAP)
Region
Europe and Central Asia
Fiscal Year 3
2015

Commitment Amount
US$ 300.00 million
Environmental Category
B
Last Update Date
October 12, 2023
Closing Date
October 31, 2019

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED

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 - Environmental Health and Pollution Management33%
- FY17 - Air quality management11%
- FY17 - Soil Pollution11%
- FY17 - Water Pollution11%

FY17 - Finance

FY17 - Finance for Development17%
- FY17 - Disaster Risk Finance17%

FY17 - Private Sector Development

FY17 - Jobs100%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management51%
- FY17 - Disaster Preparedness17%
- FY17 - Disaster Response and Recovery17%
- FY17 - Disaster Risk Reduction17%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	300.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	300.00
IDA Commitment	N/A
IBRD + IDA Commitment	300.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	300.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Jul 10, 2015	IBRD-84490	Loan Disb	973,569.40
Apr 13, 2015	IBRD-84490	Loan Disb	25,285,716.00
Apr 13, 2015	IBRD-84490	Loan Disb	26,147,738.00
Jun 29, 2015	IBRD-84490	Loan Disb	19,911,266.00
Apr 23, 2015	IBRD-84490	Loan Disb	4,295,800.00
Mar 6, 2015	IBRD-84490	Loan Disb	622,072.50
Mar 6, 2015	IBRD-84490	Fee Charges	622,072.50
May 1, 2016	IBRD-84490	Int Charges	82,317.78
May 1, 2016	IBRD-84490	Int Charges	823,878.50
Feb 25, 2016	IBRD-84490	Loan Disb	1,290,971.10
Mar 21, 2016	IBRD-84490	Loan Disb	6,139,202.50
Nov 20, 2015	IBRD-84490	Loan Disb	11,584,981.00
Nov 1, 2015	IBRD-84490	Int Charges	115,731.65
Nov 1, 2015	IBRD-84490	Int Charges	720,946.30
Nov 1, 2015	IBRD-84490	Int Charges	51,662.31
Nov 1, 2015	IBRD-84490	Int Charges	234,022.62
Jan 4, 2016	IBRD-84490	Loan Disb	2,363,168.50
Sep 26, 2016	IBRD-84490	Loan Disb	3,303,839.50
Jun 1, 2016	IBRD-84490	Loan Disb	66,702.52
Nov 1, 2016	IBRD-84490	Int Charges	1,676.04
Nov 1, 2016	IBRD-84490	Int Charges	4,117.45
Nov 1, 2016	IBRD-84490	Int Charges	69,892.78
Nov 1, 2016	IBRD-84490	Int Charges	723,696.20
Jan 26, 2017	IBRD-84490	Loan Disb	2,206,581.80
Jan 18, 2017	IBRD-84490	Loan Disb	511,071.20
May 1, 2017	IBRD-84490	Int Charges	787.42
May 1, 2017	IBRD-84490	Int Charges	63,191.87
May 1, 2017	IBRD-84490	Int Charges	693,012.60
Feb 22, 2017	IBRD-84490	Loan Disb	62,766.01
Jul 12, 2017	IBRD-84490	Loan Disb	546,200.20
Jun 26, 2017	IBRD-84490	Loan Disb	147,470.60
Jul 7, 2017	IBRD-84490	Loan Disb	1,982,749.80
May 1, 2017	IBRD-84490	Int Charges	1,550.16
Oct 3, 2014	IBRD-84490	Loan Commitment	300,000,000.00
Nov 1, 2022	IBRD-84490	Int Charges	802,760.70
May 1, 2023	IBRD-84490	Int Charges	3,657,574.20
Nov 1, 2023	IBRD-84490	Int Charges	5,396,762.00
Nov 1, 2023	IBRD-84490	Loan Repay	5,510,996.00
Jan 18, 2019	IBRD-84490	Loan Disb	351,009.38
Nov 28, 2018	IBRD-84490	Loan Disb	3,586,280.80
May 1, 2018	IBRD-84490	Int Charges	956.26
May 1, 2018	IBRD-84490	Int Charges	52,869.59
May 1, 2018	IBRD-84490	Int Charges	789,400.56
May 1, 2018	IBRD-84490	Int Charges	520.02
Nov 1, 2018	IBRD-84490	Int Charges	40,757.83
Nov 1, 2018	IBRD-84490	Int Charges	809,313.75
Nov 1, 2018	IBRD-84490	Int Charges	165.33
Nov 1, 2018	IBRD-84490	Int Charges	290.61
Oct 5, 2018	IBRD-84490	Loan Cancel	3,679,360.00
Oct 12, 2018	IBRD-84490	Loan Disb	1,243,439.60
Feb 26, 2019	IBRD-84490	Loan Disb	376,587.56
Jun 15, 2015	IBRD-84490	Loan Disb	1,714,730.00
May 15, 2015	IBRD-84490	Loan Disb	6,046,943.50
May 28, 2015	IBRD-84490	Loan Disb	35,425,012.00
Apr 13, 2015	IBRD-84490	Loan Disb	23,478,352.00
Jul 9, 2015	IBRD-84490	Loan Disb	3,061,212.50
Apr 13, 2015	IBRD-84490	Loan Disb	21,198,348.00
May 1, 2024	IBRD-84490	Int Charges	5,825,657.50
May 1, 2024	IBRD-84490	Loan Repay	5,574,214.50
Nov 1, 2020	IBRD-84490	Int Charges	168.67
Nov 1, 2020	IBRD-84490	Int Charges	277.12
Nov 1, 2020	IBRD-84490	Int Charges	-1,668.36
Nov 1, 2020	IBRD-84490	Int Charges	1,668.36
May 1, 2021	IBRD-84490	Int Charges	639,981.25
Nov 1, 2021	IBRD-84490	Int Charges	662,152.70
May 1, 2022	IBRD-84490	Int Charges	583,040.30
May 1, 2019	IBRD-84490	Int Charges	303.96
May 1, 2019	IBRD-84490	Int Charges	165.29
Mar 29, 2019	IBRD-84490	Loan Disb	84,689.71
Jul 16, 2019	IBRD-84490	Loan Disb	26,544.76
Apr 18, 2019	IBRD-84490	Loan Disb	38,263.60
May 1, 2019	IBRD-84490	Int Charges	24,860.36
May 1, 2019	IBRD-84490	Int Charges	848,219.70
Apr 26, 2019	IBRD-84490	Loan Disb	11,147,385.00
Nov 1, 2019	IBRD-84490	Loan Disb	148,686.45
Nov 1, 2019	IBRD-84490	Int Charges	404.52
Nov 1, 2019	IBRD-84490	Int Charges	793.11
Nov 1, 2019	IBRD-84490	Int Charges	10,162.24
Nov 1, 2019	IBRD-84490	Int Charges	950,500.56
Jul 30, 2019	IBRD-84490	Loan Disb	59,402.85
Nov 4, 2019	IBRD-84490	Loan Disb	1,459,241.50
Oct 16, 2019	IBRD-84490	Loan Disb	239,573.25
Sep 18, 2019	IBRD-84490	Loan Disb	1,767,040.00
Mar 10, 2020	IBRD-84490	Loan Disb	-90,144.50
Mar 10, 2020	IBRD-84490	Loan Disb	-324,072.12
Mar 18, 2020	IBRD-84490	Loan Disb	-54,495.49
May 1, 2020	IBRD-84490	Int Charges	555.70
May 1, 2020	IBRD-84490	Int Charges	1,179.63
May 1, 2020	IBRD-84490	Int Charges	5,961.62
May 1, 2020	IBRD-84490	Int Charges	793,219.94
Mar 18, 2020	IBRD-84490	Loan Cancel	5,231,048.00
Nov 1, 2020	IBRD-84490	Int Charges	1,072,030.80
Oct 19, 2017	IBRD-84490	Loan Disb	152,611.14
Jun 9, 2017	IBRD-84490	Loan Disb	714,273.00
Oct 31, 2017	IBRD-84490	Loan Disb	89,394.26
Sep 22, 2017	IBRD-84490	Loan Disb	305,321.66
Oct 13, 2017	IBRD-84490	Loan Disb	3,183,339.50
Dec 11, 2017	IBRD-84490	Loan Disb	3,150,734.00
Nov 1, 2017	IBRD-84490	Int Charges	63,302.63
Nov 1, 2017	IBRD-84490	Int Charges	766,291.90
Dec 12, 2017	IBRD-84490	Loan Disb	117,968.17
Aug 8, 2017	IBRD-84490	Loan Disb	281,799.84
Mar 12, 2018	IBRD-84490	Loan Disb	254,044.53
Feb 13, 2018	IBRD-84490	Loan Disb	623,441.06
Mar 23, 2018	IBRD-84490	Loan Disb	266,336.03
Jan 3, 2018	IBRD-84490	Loan Disb	279,736.50
Jan 16, 2018	IBRD-84490	Loan Disb	2,301,850.20
Dec 7, 2017	IBRD-84490	Loan Disb	47,934.53
Apr 24, 2018	IBRD-84490	Loan Disb	433,608.66
May 17, 2018	IBRD-84490	Loan Disb	1,237,319.00
Jun 1, 2018	IBRD-84490	Loan Disb	406,161.84
May 18, 2018	IBRD-84490	Loan Disb	402,782.16
Aug 30, 2018	IBRD-84490	Loan Disb	735,922.10
Aug 6, 2018	IBRD-84490	Loan Disb	1,072,756.80
Jul 13, 2018	IBRD-84490	Loan Disb	2,317,572.80
Jul 20, 2018	IBRD-84490	Loan Disb	2,126,897.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Monitoring and Evaluation	Satisfactory	2019-06-24
Progress towards achievement of PDO	Satisfactory	2019-06-24
Project Management	Moderately Satisfactory	2019-06-24
Financial Management	Satisfactory	2019-06-24
Procurement	Moderately Satisfactory	2019-06-24
Overall Implementation Progress (IP)	Satisfactory	2019-06-24

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-30-2020
Outcomes	Substantial
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 08-07-2020	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance	Not Rated	N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Availability of power supplies restored to pre-flood levels through additional domestic generation/imports. Value 0.00 21635.00 21635.00
Date June 1, 2014 October 31, 2019 December 30, 2016
Comment
Agricultural land receiving improved flood protection Value 0.00 25041.00 20000.00
Date December 1, 2014 October 31, 2019 December 31, 2019
Comment
Number of households receiving improved flood protection Value 0.00 24944.00 9000.00
Date December 1, 2014 October 31, 2019 December 31, 2019
Comment
Agriculture production in flood affected municipalities recovered to pre-floods levels Value No Yes Yes
Date December 1, 2014 October 31, 2019 December 29, 2017
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Dewatering of the Tamnava West Field mine finalized Value No Yes Yes
Date June 1, 2014 October 31, 2019 December 31, 2015
Comment
Farms benefiting from Government support in the affected areas Value 120,000 101839 100000
Date June 1, 2014 October 31, 2019 December 31, 2015
Comment
Length of flood protection reconstruction / rehabilitation works Value 0.00 71.00 65.00
Date June 1, 2014 October 31, 2019 December 31, 2019
Comment
Number of meters replaced in affected areas Value 0.00 20000.00 20000.00
Date June 1, 2014 October 31, 2019 December 31, 2018
Comment
Direct project beneficiaries Value 360000.00 362244.00 350000.00
Date June 1, 2014 October 31, 2019 December 31, 2019
Comment
Number of fixed substations rehabilitated in the flood affected areas Value 0.00 0.00 5.00
Date June 1, 2014 October 31, 2019 July 31, 2019
Comment
Female beneficiaries Value 30.00 30.00 51.00
Date June 1, 2014 June 28, 2018
Comment
Number of public lighting meters installed Value 0.00 1162.00 1192.00
Date June 1, 2014 October 31, 2019 December 31, 2018
Comment

Availability of power supplies restored to pre-flood levels through additional domestic generation/imports.	Value	0.00	21635.00	21635.00
	Date	June 1, 2014	October 31, 2019	December 30, 2016
	Comment

Farms benefiting from Government support in the affected areas	Value	120,000	101839	100000
	Date	June 1, 2014	October 31, 2019	December 31, 2015
	Comment

Direct project beneficiaries	Value	360000.00	362244.00	350000.00
	Date	June 1, 2014	October 31, 2019	December 31, 2019
	Comment

Female beneficiaries	Value	30.00	30.00	51.00
	Date	June 1, 2014	June 28, 2018
	Comment