| Financier | Commitments |
|---|---|
| IDA Credit | 20.00 |
Disaster Risk Management Development Policy Credit with a Catastrophe Deferred Drawdown Option
Abstract*
The development objectives of Disaster Risk Management Development Policy Credit with a Catastrophe Deferred Drawdown Option Project is to strengthen Grenada’s (a) disaster and climate resilience policy framework, and (b) fiscal risk management associated with natural hazards. This objective will be achieved through reforms under two pillars: (i) Enhancing policy and institutional framework for improved disaster risk management and climate change... Show More
Development Objective
To strengthen Grenada’s (a) disaster and climate resilience policy framework, and (b) fiscal risk management associated with natural hazards.
Key Details
Project Details
P171465
Active
Doekle Wielinga
Grenada
Grenada
August 15, 2019
(as of board presentation)
January 21, 2020
March 25, 2020
US$ 0.00 million
Ministry of Finance, Planning Economic and Physical Development
2020
US$ 20.00 million
N/A
Not Applicable
February 16, 2026
BANK APPROVED
January 23, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 20.00 |
| IBRD + IDA Commitment | 20.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jan 21, 2020 | IDA-65330 | Loan Commitment | 20,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-05-11 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-05-11 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-05-11 |
| Program Management | Moderately Satisfactory | 2024-05-11 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
1a: Percentage of schools with approved comprehensive disaster management plans. Value 0.00 40.00 70.00 Date August 15, 2019 October 5, 2022 August 15, 2023 Comment 4: Number of the Recipient’s Annual Budget Statements that identify and explicitly quantify government contingent liabilities. Value 0.00 2.00 3.00 Date August 15, 2019 October 5, 2022 August 15, 2023 Comment 1b: Percentage of schools screened for physical hazards. Value 0.00 41.00 50.00 Date August 15, 2019 October 5, 2022 August 15, 2023 Comment 5: Number of the Recipient’s Annual Fiscal Risk Statements that identify climate resilience and post-disaster allocations and/or expenditures. Value 0.00 2.00 3.00 Date August 15, 2019 October 5, 2022 August 15, 2023 Comment 2: Percentage of National DRM agency (NaDMA)-led emergency responses (including simulation/drills) that apply the Coordination Protocol. Value 0.00 100.00 100.00 Date August 15, 2019 October 5, 2022 August 15, 2023 Comment 6: Number of new fisheries’ workers formally registered for the climate risk insurance mechanism. Value 0.00 2823.00 200.00 Date August 15, 2019 October 5, 2022 August 15, 2023 Comment 3: Percentage of annual infrastructure project proposals under Public Sector Investment Program (PSIP) screened through the new review process. Value 0.00 48.00 60.00 Date August 15, 2019 October 5, 2022 August 15, 2023 Comment