Dominican Republic DRM Development Policy Loan with a Cat DDO

Abstract*

The development objective of the Disaster Risk Management Development Policy Loan with a Deferred Drawdown Option for Catastrophe Risks Project for Dominican Republic is to support the Government of the Dominican Republic in: (a) strengthening institutions for improved climate and disaster resilience in priority sectors; and (b) establishing mandatory regulations for climate and disaster risk reduction in public investment and construction works... Show More

Development Objective

Project Development Objective The development objective of the proposed operation is to support the Government of the Dominican Republic in (a) strengthening institutions for improved climate and disaster resilience in priority sectors and (b) establishing mandatory regulations for climate and disaster risk reduction in public investment and construction works.

Key Details

Project Details

Project ID
P159351
Status
Closed
Team Leader
Eduardo Ereno Blanchet , Claudia Soto Orozco
Borrower 2
Dominican Republic

Country
Dominican Republic
Disclosure Date
September 6, 2017
Approval Date
(as of board presentation)
September 28, 2017
Effective Date
August 28, 2018

Total Project Cost 1
US$ 150.00 million
Implementing Agency
Ministry of Economy Planning and Development (MEPyD),Ministry of Public Health,Ministry of Public Works and Communications,Ministry of Education,Water Resource Coordination Board (MEPyD),Ministry of Finance
Region
Latin America and Caribbean
Fiscal Year 3
2018

Commitment Amount
US$ 150.00 million
Environmental Category
N/A
Last Update Date
February 25, 2022
Closing Date
February 28, 2021

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 - Climate change100%
- FY17 - Adaptation100%
FY17 - Water Resource Management17%
- FY17 - Water Institutions, Policies and Reform17%

FY17 - Finance

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

FY17 - Human Development and Gender

FY17 - Disease Control0%
- FY17 - Pandemic Response1%

FY17 - Public Sector Management

FY17 - Public Administration17%
- FY17 - Public Assets and Investment Management17%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management100%
- FY17 - Disaster Response and Recovery33%
- FY17 - Disaster Risk Reduction50%
- FY17 - Flood and Drought Risk Management17%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	150.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	150.00
IDA Commitment	N/A
IBRD + IDA Commitment	150.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	150.00

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$)
Jan 15, 2024	IBRD-87870	Int Charges	5,525,026.00
Mar 20, 2020	IBRD-87870	Fee Charges	750,000.00
Jul 15, 2024	IBRD-87870	Int Charges	5,479,877.00
Sep 28, 2017	IBRD-87870	Loan Commitment	150,000,000.00
Jul 15, 2023	IBRD-87870	Int Charges	4,962,416.50
Jan 15, 2023	IBRD-87870	Int Charges	3,457,666.80
Jan 15, 2022	IBRD-87870	Int Charges	1,226,666.60
Jul 15, 2022	IBRD-87870	Int Charges	1,395,208.40
Jul 15, 2021	IBRD-87870	Int Charges	1,282,083.40
Jan 15, 2021	IBRD-87870	Int Charges	70,625.00
Jan 15, 2021	IBRD-87870	Int Charges	1,301,708.40
Mar 24, 2020	IBRD-87870	Loan Disb	150,000,000.00
Mar 24, 2020	IBRD-87870	Loan Disb	-150,000,000.00
Mar 24, 2020	IBRD-87870	Loan Disb	150,000,000.00
Jul 15, 2020	IBRD-87870	Int Charges	1,563,166.60
Jul 15, 2024	IBRD-87870	Int Charges	32,107.61

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Moderately Satisfactory	2020-12-18
Program Management	Satisfactory	2020-12-18
Monitoring and Evaluation	Moderately Satisfactory	2020-12-18
Overall Implementation Progress (IP)	Moderately Satisfactory	2020-12-18

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-25-2022
Outcomes	Moderately Satisfactory
Risk to Development Outcome
Bank Performance	Substantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-30-2022	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	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		N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Contingent liabilities associated with disasters are published and incorporated in the medium-term fiscal framework published by the Ministry of Finance	Value	No	Yes	Yes
	Date	January 5, 2018	February 26, 2021	February 26, 2021
	Comment

PIPs approved in the SNIP after technical standards came into effect (July 20, 2017). Value 0.00 100.00 100.00
Date July 20, 2017 February 26, 2021 February 26, 2021
Comment
Percentage (%) of public schools for which a disaster risk assessment has been conducted Value 0.00 16.15 15.00
Date January 5, 2018 February 26, 2021 February 26, 2021
Comment

Number of health facilities constructed before 2011 and receiving an operating permit after the approval of the technical regulations have been assessed using the Hospital Safety Index	Value	0.00	22.00	25.00
	Date	January 5, 2018	February 26, 2021	February 26, 2021
	Comment

Percentage (%) of public schools with a disaster risk assessment which are included in a rehabilitation and retrofitting program	Value	0.00	12.00	30.00
	Date	January 5, 2018	February 26, 2021	February 26, 2021
	Comment

Number of construction works with a building permit that have been inspected by the MOPC following the norms established by the updated Regulation for the Supervision and General Inspection of Works (	Value	30.70	100.00	80.00
	Date	December 22, 2017	February 26, 2021	February 28, 2021
	Comment

Number of risk-prone areas in main watershed basins that have been prioritized, by hydrological and hydrometeorological studies, toundergo improvements in water management	Value	10.00	23.00	50.00
	Date	December 22, 2017	February 26, 2021	February 26, 2021
	Comment