| Financier | Commitments |
|---|---|
| IDA Grant | 18.00 |
Pacific Islands Regional Oceanscape Program - Second Phase for Economic Resilience
Abstract*
The Pacific Islands Regional Oceanscape Program - Second Phase for Economic Recovery and Resilience (PROPER) project in the Republic of Marshall Islands (the Project) aims to strengthen regional collaboration and national capacity for sustained socio-economic contributions of the oceanic and coastal fisheries sector in the Republic of the Marshall Islands (RMI). The Project is part of the Pacific Islands Regional Oceanscape Program (PROP) which aims... Show More
Development Objective
The Development Objective of the Series of Projects is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend.
For the Republic of the Marshall Islands second phase’s project (“RMI PROPER”), the proposed Project Development Objective (PDO) is to strengthen regional collaboration and national capacity forthe management and the sustainable development of the oceanic and coastal fisheries sector in Republic of the Marshall Islands.
Key Details
Project Details
P178544
Active
Iretomiwa Olatunji , Xavier Vincent, Aimee Hall
Republic of the Marshall Islands
June 24, 2022
(as of board presentation)
May 10, 2023
June 21, 2023
US$ 18.00 million
Marshall Islands Marine Resources Authority
2023
US$ 18.00 million
N/A
April 2, 2024
September 30, 2029
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 18.00 |
| IBRD + IDA Commitment | 18.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 18.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Apr 15, 2024 | IDA-E1650 | Loan Disb | 300,000.00 |
| Jun 7, 2024 | IDA-E1650 | Loan Disb | 500,000.00 |
| May 10, 2023 | IDA-E1650 | Loan Commitment | 18,000,000.00 |
| Jun 29, 2023 | IDA-E1650 | Loan Disb | 2,000,000.00 |
| Jun 29, 2023 | IDA-E1650 | Loan Disb | 473,097.03 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Satisfactory | 2025-03-11 |
| Project Management | Moderately Satisfactory | 2025-03-11 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2025-03-11 |
| Financial Management | Satisfactory | 2025-03-11 |
| Monitoring and Evaluation | Satisfactory | 2025-03-11 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2025-03-11 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Fisheries management is informed by timely access to data by national and regional stakeholders Value 0.00 0.00 3.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Minimum number of communities earning positive net income from piloted alternative livelihood initiatives under the Project Value 0.00 0.00 6.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Minimum number of new communities adopting resource management plan with marine element through the Reimaanlok process Value 0.00 0.00 8.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Minimum number of companies audited by the Competent Authority for export to the European Union market Value 0.00 0.00 8.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Number of data collection, integration, and processing systems automated Value 0.00 0.00 0.00 Date Comment Number of fish base and aquaculture sites with organized data collection systems and information retrieval Value 0.00 0.00 1.00 Date Comment Percentage of observers' and port monitors' data transmitted in real-time to MIMRA's fisheries information management system (MIMFIS) Value 0.00 0.00 50.00 Date Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Minimum percentage of nationally flagged vessels on which electronic monitoring technologies are operational to achieve regional compliance objective Value 0.00 0.00 100.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Minimum number of coastal communities trained on marine community monitoring toolkit to support Reimaanlok process Value 0.00 3.00 10.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Time for registered project-related grievances to be addressed through the Grievance Redress Mechanisms (average) (Days) Value 0.00 0.00 21.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Minimum percentage of port-call forms that are digitized Value 0.00 0.00 100.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Minimum number of capacity development activities that MIMRA staff join per year Value 0.00 2.00 28.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Minimum number of IUU community learning events under the Project Value 0.00 0.00 10.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Minimum number of food safety trainings conducted by MIMRA Value 0.00 0.00 4.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Minimum percentage of females participating in training Value 0.00 0.00 25.00 Date Comment Minimum number of female participants at IUU community learning events Value 0.00 0.00 20.00 Date Comment Minimum number of fish base/sub-base and market structures upgraded including with renewable energy systems Value 0.00 0.00 11.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Minimum number of communities with aquaculture development strategy in their resource management plan implementing them with MIMRA Value 0.00 0.00 3.00 Date November 1, 2022 March 11, 2024 January 31, 2029 Comment Minimum percentage of females implementing aquaculture income generating activities piloted under the project Value 0.00 0.00 30.00 Date Comment