Disaster Risk Management Development Policy Credit with a Catastrophe Deferred Drawdown Option (Cat DDO)

Abstract*

The Disaster Risk Management (DRM) Development Policy Financing with a Catastrophe Deferred Drawdown Option (DPF with Cat DDO), in the amount of Euro 165.4 million (US$200 million equivalent), will support the Government of Kenya’s (GoK) reform program to improve the country’s capacity to reduce disaster risks and improve management of the socioeconomic and fiscal impacts of disasters. The GoK has initiated a shift toward a more proactive approach... Show More

Development Objective

The overall PDO is to strengthen the Government of Kenya’s institutional, technical, and financial capacities to manage the impact of climate and disaster risks.

Key Details

Project Details

Project ID
P161562
Status
Closed
Team Leader
Eric Dickson , Barry Maher
Borrower 2
Republic of Kenya

Country
Kenya
Disclosure Date
April 23, 2018
Approval Date
(as of board presentation)
June 21, 2018
Effective Date
November 27, 2018

Total Project Cost 1
US$ 200.00 million
Implementing Agency
National Treasury and Ministry of Planning
Region
Eastern and Southern Africa
Fiscal Year 3
2018

Commitment Amount
US$ 200.00 million
Environmental Category
N/A
Last Update Date
September 22, 2022
Closing Date
September 30, 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 - Adaptation93%
- FY17 - Mitigation7%
FY17 - Water Resource Management14%
- FY17 - Water Institutions, Policies and Reform14%

FY17 - Finance

FY17 - Finance for Development28%
- FY17 - Disaster Risk Finance28%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management64%
- FY17 - Disaster Preparedness28%
- FY17 - Disaster Risk Reduction28%
- FY17 - Flood and Drought Risk Management7%
FY17 - Urban Development14%
- FY17 - Urban Planning14%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	200.00

Total Project Financing (US$ Millions)

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

Lending Instrument
Grant Amount	N/A
Total Project Cost**	200.00

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$)
Aug 15, 2021	IDA-62600	Int Charges	728,731.75
Aug 15, 2021	IDA-62600	Int Charges	651,000.30
May 19, 2020	IDA-62600	Loan Disb	112,181,912.00
Aug 15, 2020	IDA-62600	Int Charges	443,029.53
Aug 15, 2020	IDA-62600	Int Charges	495,928.60
Aug 15, 2020	IDA-62600	Int Charges	495,928.60
Feb 16, 2021	IDA-62600	Int Charges	754,503.10
Feb 16, 2021	IDA-62600	Int Charges	754,503.10
Feb 16, 2021	IDA-62600	Int Charges	674,022.75
Dec 10, 2019	IDA-62600	Loan Disb	69,955,816.00
Feb 18, 2020	IDA-62600	Int Charges	92,518.24
Feb 18, 2020	IDA-62600	Int Charges	92,518.24
Feb 18, 2020	IDA-62600	Int Charges	82,649.62
Feb 15, 2023	IDA-62600	Int Charges	664,349.75
Feb 15, 2023	IDA-62600	Int Charges	664,349.75
Feb 15, 2022	IDA-62600	Int Charges	703,735.60
Feb 15, 2022	IDA-62600	Int Charges	703,735.60
Feb 15, 2022	IDA-62600	Int Charges	628,670.50
Aug 15, 2022	IDA-62600	Int Charges	632,903.10
Aug 15, 2022	IDA-62600	Int Charges	632,903.10
Aug 15, 2022	IDA-62600	Int Charges	565,393.44
Aug 15, 2021	IDA-62600	Int Charges	728,731.75
Jun 21, 2018	IDA-62600	Loan Commitment	200,000,000.00
Aug 15, 2024	IDA-62600	Int Charges	589,948.10
Aug 15, 2024	IDA-62600	Loan Repay	3,004,875.50
Aug 15, 2024	IDA-62600	Int Charges	660,389.70
Aug 15, 2024	IDA-62600	Int Charges	660,389.70
Feb 15, 2024	IDA-62600	Int Charges	585,055.70
Feb 15, 2024	IDA-62600	Loan Repay	2,929,961.80
Feb 15, 2024	IDA-62600	Int Charges	654,913.00
Feb 15, 2024	IDA-62600	Int Charges	654,913.00
Feb 15, 2023	IDA-62600	Int Charges	593,485.75
Aug 15, 2023	IDA-62600	Loan Repay	2,983,998.00
Aug 15, 2023	IDA-62600	Int Charges	678,181.40
Aug 15, 2023	IDA-62600	Int Charges	678,181.40
Aug 15, 2023	IDA-62600	Int Charges	605,842.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Program Management	Moderately Unsatisfactory	2021-11-16
Progress towards achievement of PDO	Moderately Unsatisfactory	2021-11-16
Monitoring and Evaluation	Moderately Unsatisfactory	2021-11-16
Overall Implementation Progress (IP)	Moderately Unsatisfactory	2021-11-16

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 09-28-2022
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 04-28-2023	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance		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

Disaster risk profiles produced to inform implementation of County Integrated Development Plans Value 0.00 6.00 5.00
Date November 27, 2018 September 30, 2021 September 30, 2021
Comment
Urban resilience strategies prepared to enhance city management Value 0.00 0.00 3.00
Date November 27, 2018 September 30, 2021 September 30, 2021
Comment

Establishment of a national climate finance mechanism to support mobilization, coordination and tracking of climate finance from both internal and external sources	Value	No	No	Yes
	Date	November 27, 2018	September 30, 2021	September 30, 2021
	Comment

County level emergency and/or contingency plans adopted that strengthens response capacity Value 0.00 2.00 8.00
Date November 27, 2018 September 30, 2021 September 30, 2021
Comment
New Building Code approved that incorporates multi-hazard resilient design standards Value No No Yes
Date November 27, 2018 September 30, 2021 September 30, 2021
Comment
National Disaster Risk Management Strategy that strengthens government coordination for climate resilience and DRM adopted Value No No Yes
Date November 27, 2018 September 30, 2021 September 30, 2021
Comment
Physical Planning Handbook is revised to incorporate DRM and climate change adaptation considerations Value 0.00 0.00 1.00
Date November 27, 2018 September 30, 2021 September 30, 2021
Comment
Number of households eligible for disaster relief through financial protection instruments Value 407877.00 369024.00 510241.00
Date November 27, 2018 September 30, 2021 September 30, 2021
Comment
National Water Harvesting and Storage Authority established for improved water resource and drought management Value No Yes Yes
Date November 27, 2018 September 30, 2021 September 30, 2021
Comment

Reports on consolidated post-disaster expenditure produced annually and submitted to the Budget Department within National Treasury	Value	0.00	5.00	3.00
	Date	November 27, 2018	September 30, 2021	September 30, 2021
	Comment

Number of households eligible for disaster relief through financial protection instruments	Value	407877.00	369024.00	510241.00
	Date	November 27, 2018	September 30, 2021	September 30, 2021
	Comment