Pacific Islands Regional Oceanscape Program - Tuvalu

Abstract*

The objective of the Pacific Islands Regional Oceanscape Program Project for the Federated States of Micronesia is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend. The project has four components. (1) Sustainable management of oceanic fisheries component will help participating Pacific Island countries strengthen the management of the region's purse seine... Show More

Development Objective

The objective of the Project is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend.

Key Details

Project Details

Project ID
P151780
Status
Closed
Team Leader
Iretomiwa Olatunji
Borrower 2
Tuvalu

Country
Tuvalu
Disclosure Date
November 20, 2014
Approval Date
(as of board presentation)
December 22, 2014
Effective Date
June 9, 2015

Total Project Cost 1
US$ 7.00 million
Implementing Agency
Ministry of Finance and Economic Development
Region
East Asia and Pacific
Fiscal Year 3
2015

Commitment Amount
US$ 7.00 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
August 31, 2022

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Last Update Date
July 16, 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 - Environmental Health and Pollution Management33%
- FY17 - Air quality management11%
- FY17 - Soil Pollution11%
- FY17 - Water Pollution11%
FY17 - Environmental policies and institutions28%
FY17 - Renewable Natural Resources Asset Management5%
- FY17 - Biodiversity5%

FY17 - Private Sector Development

FY17 - Jobs100%
FY17 - Regional Integration28%

FY17 - Urban and Rural Development

FY17 - Rural Development6%
- FY17 - Rural Infrastructure and service delivery6%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	7.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	7.00
IBRD + IDA Commitment	7.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	7.00

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$)
Nov 5, 2019	IDA-D0160	Loan Disb	207,670.28
Jul 18, 2019	IDA-D0160	Loan Disb	293,378.06
Dec 21, 2018	IDA-D0160	Loan Disb	362,042.56
Jul 29, 2020	IDA-D0160	Loan Disb	520,512.16
Feb 12, 2021	IDA-D0160	Loan Disb	130,653.74
Jul 31, 2020	IDA-D0160	Loan Disb	88,929.85
Mar 1, 2021	IDA-D0160	Loan Disb	18,954.82
Feb 6, 2020	IDA-D0160	Loan Disb	64,996.43
Feb 14, 2022	IDA-D0160	Loan Disb	346,733.84
Aug 9, 2022	IDA-D0160	Loan Disb	333,688.62
Aug 9, 2022	IDA-D0160	Loan Disb	112,392.70
Aug 23, 2022	IDA-D0160	Loan Disb	-51,539.04
Jul 19, 2022	IDA-D0160	Loan Cancel	1,058,696.10
Nov 16, 2021	IDA-D0160	Loan Disb	177,448.92
Sep 17, 2021	IDA-D0160	Loan Disb	178,899.27
Sep 1, 2021	IDA-D0160	Loan Disb	368,584.53
Mar 31, 2022	IDA-D0160	Loan Disb	204,030.19
Dec 22, 2014	IDA-D0160	Loan Commitment	7,000,000.00
Jun 1, 2023	IDA-D0160	Loan Cancel	213,544.30
Jun 1, 2023	IDA-D0160	Loan Disb	-208,633.03
Oct 12, 2016	IDA-D0160	Loan Disb	119,774.29
Nov 2, 2015	IDA-D0160	Loan Disb	579,798.40
Aug 23, 2022	IDA-D0160	Loan Cancel	46,881.36
Jul 14, 2017	IDA-D0160	Loan Disb	37,895.13
Sep 26, 2018	IDA-D0160	Loan Disb	37,150.15
Nov 15, 2018	IDA-D0160	Loan Disb	180,490.36
Mar 26, 2018	IDA-D0160	Loan Disb	129,051.19
May 3, 2018	IDA-D0160	Loan Disb	249,686.88
Aug 4, 2017	IDA-D0160	Loan Disb	159,606.70
Aug 21, 2017	IDA-D0160	Loan Disb	344,631.75
Nov 20, 2017	IDA-D0160	Loan Disb	337,297.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Unsatisfactory	2022-09-12
Project Management	Moderately Satisfactory	2022-09-12
Monitoring and Evaluation	Satisfactory	2022-09-12
Progress towards achievement of PDO	Moderately Unsatisfactory	2022-09-12
Overall Implementation Progress (IP)	Moderately Unsatisfactory	2022-09-12
Financial Management	Moderately Satisfactory	2022-09-12

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-29-2023
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome
Bank Performance	Moderately Unsatisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 12-15-2023	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Unsatisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	High	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Percent of purse seine tuna fishing days fished in the Recipient’s waters of agreed annual VDS allocation Value 107.00 100.00 100.00
Date August 17, 2022 August 31, 2022
Comment
Number of additional coastal fisheries legally managed by stakeholders in each country, with support from the Government Value 0.00 7.00 0.00
Date February 15, 2015 August 31, 2022
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Percent of purse seine fishing vessel days used in the Recipient’s waters recorded annually according to agreed criteria Value 100.00 100.00 100.00
Date February 15, 2015 August 31, 2022
Comment
Coastal fish resources assessed as the basis for improved management Value 0.00 19.00 0.00
Date February 15, 2015 August 31, 2022
Comment

Percent of purse seine fishing days used and sold in the Recipient’s waters disclosed annually to the PNAO FIMS and other Parties to the PNA as part of a comprehensive verification system for the VDS.	Value	0.00	100.00	0.00
	Date	February 15, 2015	August 31, 2022
	Comment

Number of people trained by the Fishery Training Center disaggregated by gender and nationality. Value 0.00 100.00 50.00
Date September 15, 2020 August 31, 2022 August 31, 2021
Comment
Grievances registered related to delivery of project benefits that are addressed. Value 75.00 75.00 75.00
Date September 15, 2020 August 31, 2022 September 15, 2021
Comment
Percent purse seine tuna catch within Tuvalu’s waters encompassed within the VDS Value 94.00 100.00 100.00
Date February 15, 2015 August 31, 2022
Comment
At least one measure applied and maintained to increase flexibility and the value of a purse seine vessel day above the baseline Value Yes Yes Yes
Date February 15, 2015 August 31, 2022
Comment
A similar system to the VDS is introduced for managing access to the tropical long-line fishery Value No Yes Yes
Date February 15, 2015 August 31, 2022
Comment

Percent of purse seine tuna fishing days fished in the Recipient’s waters of agreed annual VDS allocation	Value	107.00	100.00	100.00
	Date	August 17, 2022	August 31, 2022
	Comment

Grievances registered related to delivery of project benefits that are addressed.	Value	75.00	75.00	75.00
	Date	September 15, 2020	August 31, 2022	September 15, 2021
	Comment

Percent purse seine tuna catch within Tuvalu’s waters encompassed within the VDS	Value	94.00	100.00	100.00
	Date	February 15, 2015	August 31, 2022
	Comment

At least one measure applied and maintained to increase flexibility and the value of a purse seine vessel day above the baseline	Value	Yes	Yes	Yes
	Date	February 15, 2015	August 31, 2022
	Comment