1. What We Do

Costa Rica Catastrophe Deferred Draw Down Option (CAT DDO)

Abstract*

This program document concerns the Catastrophe Deferred Draw Down Option (CAT DDO) Project as budget financing for the Government of Costa Rica (GoCR) for three years.' The CAT DDO was developed by the Bank to respond to middle income countries' request for loans that better address their immediate funding needs in the aftermath of natural disasters. The overall development objective of the project is to enhance the government's capacity to implement...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

DON'T PUB OLD REPORTED

Key Details

Project Details

  • P111926

  • Closed

  • Doekle Wielinga

  • N/A

  • Costa Rica

  • July 10, 2008

  • (as of board presentation)

    September 16, 2008

  • March 5, 2009

  • US$ 65.00 million

  • Republic of Costa Rica, Ministry of Finance (Ministerio de Hacienda)

  • Latin America and Caribbean

  • 2009

  • US$ 65.00 million

  • N/A

  • N/A

  • October 30, 2017

  • BANK APPROVED

  • September 10, 2020

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Other PublicAdministrationFY17 - Other Public AdministrationFY17 - Other TransportationFY17 - Other Water Supply,Sanitation and WasteManagementFY17 - Other Water Supply, Sanitation and Waste Management

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 65.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 65.00
IDA Commitment N/A
IBRD + IDA Commitment 65.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 65.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Apr 15, 2021 IBRD-75940 Int Charges 47,654.35
Apr 15, 2021 IBRD-75940 Int Charges 297,935.53
Apr 15, 2021 IBRD-75940 Loan Repay 244,800.00
Apr 15, 2021 IBRD-75940 Loan Repay 61,975.20
Apr 15, 2021 IBRD-75940 Loan Repay 184,008.00
Apr 15, 2021 IBRD-75940 Loan Repay 25,704.00
Apr 15, 2021 IBRD-75940 Loan Repay 176,766.00
Sep 16, 2008 IBRD-75940 Loan Commitment 65,000,000.00
Oct 15, 2023 IBRD-75940 Int Charges 1,074,994.90
Oct 15, 2023 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2023 IBRD-75940 Loan Repay 61,975.20
Apr 15, 2018 IBRD-75940 Int Charges 145,348.11
Apr 15, 2018 IBRD-75940 Int Charges 35,583.83
Apr 15, 2018 IBRD-75940 Int Charges 105,650.47
Apr 15, 2018 IBRD-75940 Int Charges 16,026.80
Apr 15, 2018 IBRD-75940 Int Charges 108,409.24
Apr 15, 2018 IBRD-75940 Int Charges 498,649.94
Apr 15, 2018 IBRD-75940 Loan Repay 244,800.00
Apr 15, 2018 IBRD-75940 Loan Repay 61,975.20
Apr 15, 2018 IBRD-75940 Int Charges 547.78
Oct 15, 2018 IBRD-75940 Int Charges 192,424.27
Oct 15, 2018 IBRD-75940 Int Charges 47,841.81
Apr 15, 2018 IBRD-75940 Loan Repay 25,704.00
Apr 15, 2018 IBRD-75940 Loan Repay 176,766.00
Apr 15, 2018 IBRD-75940 Loan Repay 184,008.00
Apr 15, 2017 IBRD-75940 Loan Repay 176,766.00
Apr 15, 2017 IBRD-75940 Loan Repay 244,800.00
Apr 15, 2017 IBRD-75940 Loan Repay 61,975.20
Apr 15, 2017 IBRD-75940 Loan Repay 184,008.00
Apr 15, 2017 IBRD-75940 Loan Repay 25,704.00
Oct 15, 2017 IBRD-75940 Int Charges 142,422.80
Oct 15, 2017 IBRD-75940 Int Charges 34,748.34
Oct 15, 2017 IBRD-75940 Int Charges 103,169.91
Oct 15, 2017 IBRD-75940 Int Charges 15,666.39
Oct 15, 2017 IBRD-75940 Int Charges 105,713.88
Apr 15, 2020 IBRD-75940 Int Charges 38,201.65
Apr 15, 2020 IBRD-75940 Int Charges 113,422.91
Apr 15, 2020 IBRD-75940 Int Charges 17,184.84
Apr 15, 2020 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2017 IBRD-75940 Loan Repay 184,008.00
Oct 15, 2017 IBRD-75940 Loan Repay 25,704.00
Oct 15, 2017 IBRD-75940 Loan Repay 176,766.00
Apr 15, 2017 IBRD-75940 Int Charges 137,062.02
Apr 15, 2017 IBRD-75940 Int Charges 33,307.46
Apr 15, 2017 IBRD-75940 Int Charges 98,891.87
Apr 15, 2017 IBRD-75940 Int Charges 15,038.54
Apr 15, 2017 IBRD-75940 Int Charges 101,192.77
Jul 10, 2017 IBRD-75940 Loan Disb 31,017,000.00
Jul 10, 2017 IBRD-75940 Loan Disb 31,017,000.00
Jul 10, 2017 IBRD-75940 Loan Disb -31,017,000.00
Apr 15, 2016 IBRD-75940 Loan Repay 184,008.00
Apr 15, 2016 IBRD-75940 Int Charges 100,639.26
Apr 15, 2016 IBRD-75940 Int Charges 23,751.16
Apr 15, 2016 IBRD-75940 Int Charges 70,518.57
Apr 15, 2016 IBRD-75940 Int Charges 10,696.35
Apr 15, 2016 IBRD-75940 Int Charges 69,153.91
Apr 15, 2016 IBRD-75940 Loan Repay 244,800.00
Apr 15, 2018 IBRD-75940 Int Charges 141.84
Apr 15, 2018 IBRD-75940 Int Charges 421.10
Apr 15, 2018 IBRD-75940 Int Charges 61.43
Apr 15, 2018 IBRD-75940 Int Charges 431.49
Apr 15, 2020 IBRD-75940 Int Charges 154,408.08
Oct 15, 2020 IBRD-75940 Int Charges 28,027.50
Oct 15, 2020 IBRD-75940 Int Charges 83,215.29
Oct 15, 2020 IBRD-75940 Int Charges 12,756.10
Oct 15, 2020 IBRD-75940 Int Charges 86,086.32
Oct 15, 2020 IBRD-75940 Int Charges 454,088.88
Oct 15, 2020 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2020 IBRD-75940 Loan Repay 61,975.20
Oct 15, 2020 IBRD-75940 Loan Repay 184,008.00
Oct 15, 2020 IBRD-75940 Loan Repay 25,704.00
Oct 15, 2020 IBRD-75940 Loan Repay 176,766.00
Apr 15, 2023 IBRD-75940 Int Charges 970,642.56
Apr 15, 2023 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2022 IBRD-75940 Int Charges 116,418.50
Oct 15, 2022 IBRD-75940 Int Charges 28,684.76
Oct 15, 2022 IBRD-75940 Int Charges 85,166.73
Oct 15, 2022 IBRD-75940 Int Charges 13,060.05
Oct 15, 2022 IBRD-75940 Int Charges 88,823.59
Oct 15, 2022 IBRD-75940 Int Charges 504,543.20
Oct 15, 2022 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2022 IBRD-75940 Loan Repay 61,975.20
Oct 15, 2022 IBRD-75940 Loan Repay 184,008.00
Oct 15, 2022 IBRD-75940 Loan Repay 25,704.00
Oct 15, 2022 IBRD-75940 Loan Repay 176,766.00
Apr 15, 2022 IBRD-75940 Int Charges 58,942.76
Apr 15, 2022 IBRD-75940 Loan Repay 176,766.00
Apr 15, 2022 IBRD-75940 Int Charges 13,655.62
Apr 15, 2022 IBRD-75940 Int Charges 40,544.31
Apr 15, 2022 IBRD-75940 Int Charges 6,472.16
Apr 15, 2022 IBRD-75940 Int Charges 42,192.57
Apr 15, 2022 IBRD-75940 Int Charges 283,822.78
Apr 15, 2022 IBRD-75940 Loan Repay 244,800.00
Apr 15, 2022 IBRD-75940 Loan Repay 61,975.20
Apr 15, 2022 IBRD-75940 Loan Repay 184,008.00
Apr 15, 2022 IBRD-75940 Loan Repay 25,704.00
Apr 15, 2021 IBRD-75940 Int Charges 66,432.43
Apr 15, 2021 IBRD-75940 Int Charges 15,485.97
Apr 15, 2021 IBRD-75940 Int Charges 45,978.66
Apr 15, 2021 IBRD-75940 Int Charges 7,280.65
Apr 15, 2019 IBRD-75940 Loan Repay 244,800.00
Apr 15, 2019 IBRD-75940 Loan Repay 61,975.20
Apr 15, 2019 IBRD-75940 Loan Repay 184,008.00
Apr 15, 2019 IBRD-75940 Loan Repay 25,704.00
Apr 15, 2019 IBRD-75940 Loan Repay 176,746.00
Apr 15, 2019 IBRD-75940 Int Charges 194,940.94
Apr 15, 2019 IBRD-75940 Int Charges 48,580.85
Apr 15, 2019 IBRD-75940 Int Charges 144,239.40
Apr 15, 2019 IBRD-75940 Int Charges 21,679.79
Apr 15, 2019 IBRD-75940 Int Charges 148,455.30
Apr 15, 2019 IBRD-75940 Int Charges 672,707.06
Oct 15, 2019 IBRD-75940 Loan Repay 20.00
Oct 15, 2019 IBRD-75940 Int Charges 190,735.53
Oct 15, 2019 IBRD-75940 Int Charges 141,196.73
Oct 15, 2019 IBRD-75940 Int Charges 47,556.07
Oct 15, 2019 IBRD-75940 Int Charges 21,247.47
Oct 15, 2019 IBRD-75940 Int Charges 145,559.73
Oct 15, 2019 IBRD-75940 Int Charges 674,826.50
Oct 15, 2019 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2019 IBRD-75940 Loan Repay 61,975.20
Oct 15, 2019 IBRD-75940 Loan Repay 184,008.00
Oct 15, 2019 IBRD-75940 Loan Repay 25,704.00
Oct 15, 2019 IBRD-75940 Loan Repay 176,766.00
Oct 15, 2018 IBRD-75940 Loan Repay 176,766.00
Oct 15, 2018 IBRD-75940 Int Charges 142,045.16
Oct 15, 2018 IBRD-75940 Int Charges 21,352.93
Oct 15, 2018 IBRD-75940 Int Charges 145,970.44
Oct 15, 2018 IBRD-75940 Int Charges 651,176.06
Oct 15, 2018 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2018 IBRD-75940 Loan Repay 61,975.20
Oct 15, 2018 IBRD-75940 Loan Repay 184,008.00
Oct 15, 2018 IBRD-75940 Loan Repay 25,704.00
Oct 15, 2021 IBRD-75940 Int Charges 63,648.38
Oct 15, 2021 IBRD-75940 Int Charges 43,976.51
Oct 15, 2021 IBRD-75940 Int Charges 14,811.60
Oct 15, 2021 IBRD-75940 Int Charges 6,984.77
Apr 15, 2014 IBRD-75940 Int Charges 21,655.89
Apr 15, 2014 IBRD-75940 Int Charges 64,297.57
Apr 15, 2014 IBRD-75940 Int Charges 9,618.70
Oct 15, 2023 IBRD-75940 Loan Repay 184,008.00
Oct 15, 2023 IBRD-75940 Loan Repay 25,704.00
Oct 15, 2023 IBRD-75940 Loan Repay 176,766.00
Oct 15, 2023 IBRD-75940 Loan Repay 632,746.80
Oct 15, 2023 IBRD-75940 Int Charges 205,846.48
Apr 15, 2024 IBRD-75940 Int Charges 1,124,174.80
Apr 15, 2024 IBRD-75940 Loan Repay 244,800.00
Apr 15, 2024 IBRD-75940 Int Charges 269,557.40
Apr 15, 2024 IBRD-75940 Int Charges 68,929.83
Apr 15, 2024 IBRD-75940 Int Charges 204,656.70
Apr 15, 2024 IBRD-75940 Int Charges 30,818.56
Apr 15, 2024 IBRD-75940 Loan Repay 61,975.20
Apr 15, 2024 IBRD-75940 Int Charges 215,022.19
Apr 15, 2024 IBRD-75940 Loan Repay 25,704.00
Apr 15, 2024 IBRD-75940 Loan Repay 632,746.80
Apr 15, 2024 IBRD-75940 Loan Repay 176,766.00
Apr 15, 2024 IBRD-75940 Loan Repay 184,008.00
Oct 15, 2023 IBRD-75940 Int Charges 259,392.25
Oct 15, 2023 IBRD-75940 Int Charges 66,159.99
Oct 15, 2023 IBRD-75940 Int Charges 196,432.95
Oct 15, 2023 IBRD-75940 Int Charges 29,559.23
Apr 15, 2023 IBRD-75940 Loan Repay 184,008.00
Apr 15, 2023 IBRD-75940 Loan Repay 61,975.20
Apr 15, 2023 IBRD-75940 Loan Repay 25,704.00
Apr 15, 2023 IBRD-75940 Loan Repay 176,766.00
Apr 15, 2023 IBRD-75940 Loan Repay 632,746.80
Apr 15, 2023 IBRD-75940 Int Charges 234,565.48
Apr 15, 2023 IBRD-75940 Int Charges 59,583.77
Apr 15, 2023 IBRD-75940 Int Charges 176,907.69
Apr 15, 2023 IBRD-75940 Int Charges 26,633.06
Apr 15, 2023 IBRD-75940 Int Charges 184,931.66
Oct 15, 2021 IBRD-75940 Int Charges 45,669.24
Oct 15, 2021 IBRD-75940 Int Charges 294,842.40
Oct 15, 2021 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2021 IBRD-75940 Loan Repay 61,975.20
Oct 15, 2021 IBRD-75940 Loan Repay 184,008.00
Oct 15, 2021 IBRD-75940 Loan Repay 25,704.00
Oct 15, 2021 IBRD-75940 Loan Repay 176,766.00
Oct 15, 2020 IBRD-75940 Int Charges 114,967.19
Apr 15, 2020 IBRD-75940 Int Charges 117,126.83
Apr 15, 2020 IBRD-75940 Int Charges 572,341.20
Apr 15, 2020 IBRD-75940 Loan Repay 61,975.20
Apr 15, 2020 IBRD-75940 Loan Repay 184,008.00
Apr 15, 2020 IBRD-75940 Loan Repay 25,704.00
Apr 15, 2020 IBRD-75940 Loan Repay 176,766.00
Apr 15, 2014 IBRD-75940 Int Charges 61,767.01
Oct 15, 2014 IBRD-75940 Int Charges 21,157.14
Oct 15, 2014 IBRD-75940 Int Charges 62,816.78
Oct 15, 2014 IBRD-75940 Int Charges 9,415.35
Oct 15, 2014 IBRD-75940 Int Charges 60,344.49
Oct 15, 2014 IBRD-75940 Int Charges 92,720.00
Oct 15, 2013 IBRD-75940 Int Charges 10,183.95
Oct 15, 2013 IBRD-75940 Int Charges 65,630.17
Oct 15, 2016 IBRD-75940 Loan Repay 184,008.00
Oct 15, 2016 IBRD-75940 Loan Repay 25,704.00
Oct 15, 2016 IBRD-75940 Int Charges 85,891.83
Oct 15, 2016 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2016 IBRD-75940 Int Charges 120,260.28
Oct 15, 2016 IBRD-75940 Int Charges 28,885.50
Oct 15, 2016 IBRD-75940 Int Charges 85,762.79
Oct 15, 2016 IBRD-75940 Int Charges 13,130.25
Oct 15, 2016 IBRD-75940 Loan Repay 61,975.20
Oct 15, 2015 IBRD-75940 Int Charges 66,943.43
Oct 15, 2015 IBRD-75940 Int Charges 9,991.80
Oct 15, 2015 IBRD-75940 Loan Repay 61,975.20
Oct 15, 2015 IBRD-75940 Loan Repay 184,008.00
Oct 15, 2015 IBRD-75940 Int Charges 64,308.74
Oct 15, 2015 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2015 IBRD-75940 Int Charges 96,206.52
Oct 15, 2015 IBRD-75940 Int Charges 22,547.01
Apr 15, 2016 IBRD-75940 Loan Repay 61,975.20
Apr 15, 2015 IBRD-75940 Int Charges 92,213.33
Apr 15, 2015 IBRD-75940 Int Charges 21,041.54
Apr 15, 2015 IBRD-75940 Int Charges 62,473.52
Apr 15, 2015 IBRD-75940 Int Charges 9,363.90
Apr 15, 2015 IBRD-75940 Int Charges 60,014.74
Apr 15, 2015 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2013 IBRD-75940 Int Charges 100,040.00
Oct 15, 2013 IBRD-75940 Int Charges 23,010.30
Oct 15, 2013 IBRD-75940 Int Charges 68,318.97
Apr 15, 2014 IBRD-75940 Int Charges 94,640.00
Oct 15, 2017 IBRD-75940 Int Charges 254,640.95
Oct 15, 2017 IBRD-75940 Loan Repay 244,800.00
Oct 15, 2017 IBRD-75940 Loan Repay 61,975.20
Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Monitoring and Evaluation Satisfactory 2017-09-12
Overall Implementation Progress (IP) Satisfactory 2017-09-12
Program Management Satisfactory 2017-09-12
Progress towards achievement of PDO Satisfactory 2017-09-12

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 10-24-2018
Outcomes
Risk to Development Outcome
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 02-11-2019PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeModestN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceModerately SatisfactoryN/a
Implementing AgencyHighly SatisfactoryN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Strengthened regulatory and institutional framework for DRM through an enhanced capacity of CNE to coordinate and incentivize DRM activities.ValueAdoption of Law No. 8488 and its regulation.The GoCR continues enforcing the Law No. 8488 and Enforcement of Law No. 8488 and its regulation.
    DateSeptember 16, 2008August 31, 2017October 30, 2014
    Comment
  • Well-funded and functional Fondo Nacional de Emergencias as part of the Disaster Risk Management Program. Well-funded and functional Fondo Nacional de Emergencias as part of the Disaster Risk ManageValueThe Emergency Fund is well-funded and functioning.The National Emergency Fund remains well-funded anThe Fondo Nacional de Emergencias remains well-fun
    DateSeptember 16, 2008August 31, 2017October 30, 2014
    Comment
  • Key line ministries annual programs include risk analysis and risk reduction initiatives.ValueDisaster risk management has been incorporated in Disaster risk management remains in the National DDisaster risk management remains in the National D
    DateSeptember 16, 2008August 31, 2017October 30, 2014
    Comment
  • An increased proportion of projects approved by MIDEPLAN integrate DRM considerations.ValueIncorporation of disaster risk analysis in the MIDAll the projects (100%) approved by MIDEPLAN have An increased proportion of projects approved by MI
    DateSeptember 16, 2008August 31, 2017October 30, 2014
    Comment
  • Implementation of five selected strategic goals of the Nat. DRM Plan 2010-2015Value0 targets implementedA total of 7 selected goals were achieved i.e.: (iImplementation of 5 selected goals of the Nat. DRM
    DateMay 29, 2014August 31, 2017October 30, 2017
    Comment
  • Design of a financial strategy for Disaster Risk ManagementValueNo financial strategyA Disaster Risk Finance and Insurance strategy hasDesigning a financial strategy for DRM.
    DateMay 29, 2014August 31, 2017October 30, 2017
    Comment
  • Mainstream DRM in planning programs at the sub-national levelValueDRM in planning programs at national level onlyA 2016 – 2020 DRM National Plan monitoring tool waMainstreaming DRM in planning programs at sub-nati
    DateMay 29, 2014August 31, 2017October 30, 2017
    Comment
  • Increased capacity for incorporating disaster risk analysis in the public investment processValueCapacity for incorporating disaster risk at minimuMIDEPLAN updated and published "Technical Norms, GCapacity building for incorporating disaser risk i
    DateMay 29, 2014August 31, 2017October 30, 2017
    Comment