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Jamaica Energy Security and Efficiency Enhancement Project

Abstract*

The objective of the Energy Security and Efficiency Enhancement Project is to increase energy efficiency and security through the implementation of the borrower's national energy policy. There are three components to the project. The first component of the project is strengthening the regulatory and institutional framework to improve sector performance, increase private investment and transition to cleaner fuels, it includes the six sub-components...

* 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

The objective of the Project is to increase energy efficiency and security through the implementation of the Borrower'sNationalEnergy Policy.

Key Details

Project Details

  • P112780

  • Closed

  • Mark Stephen Lambrides , James Pannett

  • Government of Jamaica

  • Jamaica

  • July 21, 2010

  • (as of board presentation)

    March 10, 2011

  • August 16, 2011

  • US$ 15.00 million

  • Ministry of Science, Energy, and Technology

  • Latin America and Caribbean

  • 2011

  • US$ 15.00 million

  • B

  • Not Applicable

  • October 31, 2017

  • BANK APPROVED

  • November 1, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 15.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 15.00
IDA Commitment N/A
IBRD + IDA Commitment 15.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 15.00

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$)
Oct 15, 2014 IBRD-80070 Int Charges 21,620.40
Oct 15, 2013 IBRD-80070 Int Charges 18,090.23
Apr 15, 2024 IBRD-80070 Int Charges 332,980.94
Oct 15, 2020 IBRD-80070 Loan Repay 296,426.06
Oct 15, 2019 IBRD-80070 Int Charges 215,881.16
Apr 15, 2019 IBRD-80070 Int Charges 219,691.80
Oct 15, 2019 IBRD-80070 Loan Repay 296,426.06
Apr 15, 2019 IBRD-80070 Loan Repay 296,426.06
Oct 15, 2018 IBRD-80070 Int Charges 212,714.31
Oct 15, 2018 IBRD-80070 Loan Repay 296,426.06
Oct 15, 2018 IBRD-80070 Int Charges 990.63
Oct 31, 2017 IBRD-80070 Loan Disb 429,300.00
Mar 8, 2018 IBRD-80070 Loan Cancel 521,425.10
Mar 1, 2018 IBRD-80070 Loan Disb -241.81
Feb 27, 2018 IBRD-80070 Loan Disb -346,244.38
Apr 15, 2018 IBRD-80070 Int Charges 1,068.86
Apr 15, 2018 IBRD-80070 Int Charges 153,558.77
Apr 15, 2018 IBRD-80070 Loan Repay 304,121.75
Mar 30, 2017 IBRD-80070 Loan Disb 247,121.00
Apr 15, 2017 IBRD-80070 Int Charges 124,548.23
Apr 15, 2017 IBRD-80070 Loan Repay 274,352.25
Oct 5, 2017 IBRD-80070 Loan Disb 700,000.00
Oct 15, 2017 IBRD-80070 Int Charges 205.40
Oct 15, 2017 IBRD-80070 Int Charges 137,003.30
Oct 15, 2017 IBRD-80070 Loan Repay 279,615.94
Apr 15, 2016 IBRD-80070 Int Charges 53,438.31
Oct 15, 2016 IBRD-80070 Int Charges 1,049.24
Oct 15, 2016 IBRD-80070 Int Charges 90,388.41
Oct 15, 2016 IBRD-80070 Loan Repay 274,352.25
Aug 2, 2016 IBRD-80070 Loan Disb 2,270,710.00
Apr 15, 2015 IBRD-80070 Int Charges 1,674.76
Apr 15, 2015 IBRD-80070 Int Charges 34,385.88
Oct 15, 2015 IBRD-80070 Int Charges 43,880.52
Dec 4, 2015 IBRD-80070 Loan Disb 497,450.00
Mar 17, 2016 IBRD-80070 Loan Disb 1,217,290.00
Apr 15, 2014 IBRD-80070 Int Charges 786.31
Apr 15, 2014 IBRD-80070 Int Charges 22,590.98
Sep 16, 2014 IBRD-80070 Loan Disb 2,075,694.60
Jan 30, 2015 IBRD-80070 Loan Disb 841,000.00
Sep 12, 2014 IBRD-80070 Loan Disb 488,587.00
Jun 30, 2015 IBRD-80070 Loan Disb 674,118.44
Apr 15, 2024 IBRD-80070 Int Charges 3,600.98
Sep 23, 2013 IBRD-80070 Loan Disb 1,429,640.00
Apr 15, 2024 IBRD-80070 Loan Repay 296,426.06
Mar 10, 2011 IBRD-80070 Loan Commitment 15,000,000.00
Apr 15, 2023 IBRD-80070 Loan Repay 296,426.06
Apr 15, 2023 IBRD-80070 Int Charges 11,224.45
Apr 15, 2023 IBRD-80070 Int Charges 263,791.12
Oct 15, 2023 IBRD-80070 Int Charges 5,636.02
Oct 15, 2023 IBRD-80070 Int Charges 315,475.28
Oct 15, 2023 IBRD-80070 Loan Repay 296,426.06
Oct 15, 2022 IBRD-80070 Int Charges 150,995.23
Oct 15, 2022 IBRD-80070 Loan Repay 296,426.06
Apr 15, 2022 IBRD-80070 Int Charges 50,713.90
Apr 15, 2022 IBRD-80070 Int Charges 29.31
Apr 15, 2022 IBRD-80070 Loan Repay 296,426.06
Oct 19, 2021 IBRD-80070 Int Charges 55,861.75
Oct 19, 2021 IBRD-80070 Loan Repay 296,426.06
Apr 15, 2021 IBRD-80070 Int Charges 56,980.16
Apr 15, 2021 IBRD-80070 Loan Repay 296,426.06
Apr 15, 2020 IBRD-80070 Int Charges 169,070.66
Apr 15, 2020 IBRD-80070 Loan Repay 296,426.06
Oct 15, 2020 IBRD-80070 Int Charges 118,685.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Moderately Satisfactory 2017-05-31
Progress towards achievement of PDO Satisfactory 2017-05-31
Procurement Satisfactory 2017-05-31
Financial Management Satisfactory 2017-05-31
Monitoring and Evaluation Moderately Satisfactory 2017-05-31
Overall Implementation Progress (IP) Moderately Satisfactory 2017-05-31
Overall Safeguards Rating Satisfactory 2017-05-31

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-25-2018
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 11-12-2018PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Increase in Energy SecurityValue95.0073.0072.00
    DateDecember 31, 2010October 31, 2017October 31, 2017
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • New electricity generating capacity assigned, negotiated or under construction/installedValue0.00267.00623.00
    DateDecember 31, 2010October 31, 2017May 23, 2017
    Comment
  • Prefeasibility, feasibility and other investments studies underway or completed on Renewable Energy (Hydros, Wind, Solar)Value0.0010.0021.00
    DateDecember 31, 2010October 31, 2017October 31, 2017
    Comment
  • Commitments and Disbursements on the Line of CreditValue0.005.605.38
    DateDecember 31, 2010October 31, 2017October 31, 2017
    Comment
  • Information/Communication Activities (Project and National Energy Programme)Value0.0018.0020.00
    DateDecember 31, 2010October 31, 2017October 31, 2017
    Comment
  • Investment commitments to Electricity SectorValue0.00625.001109.00
    DateDecember 31, 2010October 31, 2017October 31, 2017
    Comment
  • Personnel Assigned to ProjectValue034
    DateDecember 31, 2010December 31, 2015October 31, 2017
    Comment
  • Capacity building activities regarding Project Management, Financial Management and ProcurementValue0.0012.009.00
    DateDecember 31, 2010October 31, 2017October 31, 2017
    Comment
  • Reporting on the implementation of the National Energy Policy (number of reports submitted)Value0.009.0010.00
    DateDecember 31, 2010October 31, 2017October 31, 2017
    Comment
  • New Energy Sector Regulations Under Preparation or ApprovedValue0.0012.0018.00
    DateDecember 31, 2010October 31, 2017October 31, 2017
    Comment
  • Appliances testedValue0.000.00
    DateDecember 31, 2010October 31, 2017
    Comment
  • Implementation of the natural gas/LNG programValue-LNG import and regasification facilities: one comp
    DateDecember 31, 2010October 31, 2017
    Comment
  • Financial management, procurement, Safeguards, internal and external auditsValue0.0022.00
    DateDecember 31, 2010October 31, 2017
    Comment