| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 500.00 |
Disaster Risk Management Development Loan with a CAT DDO
Abstract*
The objective of the Disaster Risk Management Policy Loan with a Catastrophe Deferred Drawdown Option Program Project for Philippines is to enhance the capacity of the government of the Philippines to manage the impacts of natural disasters. This objective will be achieved by supporting the following aspects of the government's Disaster Risk Reduction and Management (DRRM) framework: (a) strengthen the institutional capacity for disaster risk management... Show More
Development Objective
To enhance the capacity of the Government of the Philippines to manage the impacts of natural disasters.
Key Details
Project Details
P125943
Closed
Jolanta Kryspin-Watson
N/A
April 18, 2011
(as of board presentation)
September 13, 2011
December 15, 2011
US$ 500.00 million
Department of Finance
2012
US$ 500.00 million
N/A
January 15, 2013
October 31, 2014
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 500.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 500.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 500.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Oct 15, 2018 | IBRD-80850 | Int Charges | 7,966,219.00 |
| Apr 15, 2019 | IBRD-80850 | Int Charges | 42,087.50 |
| Apr 15, 2019 | IBRD-80850 | Int Charges | 8,375,412.50 |
| Oct 15, 2019 | IBRD-80850 | Int Charges | 42,318.75 |
| Oct 15, 2019 | IBRD-80850 | Int Charges | 8,421,431.00 |
| Apr 15, 2018 | IBRD-80850 | Int Charges | 127.08 |
| Apr 15, 2018 | IBRD-80850 | Int Charges | 25,289.58 |
| Apr 15, 2018 | IBRD-80850 | Int Charges | 27,679.17 |
| Apr 15, 2018 | IBRD-80850 | Int Charges | 5,508,154.00 |
| Apr 15, 2017 | IBRD-80850 | Int Charges | 4,703,309.50 |
| Apr 15, 2017 | IBRD-80850 | Int Charges | 23,634.72 |
| Oct 15, 2017 | IBRD-80850 | Int Charges | 26,052.08 |
| Oct 15, 2017 | IBRD-80850 | Int Charges | 5,184,364.50 |
| Apr 15, 2015 | IBRD-80850 | Int Charges | 10,363.89 |
| Apr 15, 2015 | IBRD-80850 | Int Charges | 2,062,413.90 |
| Oct 15, 2015 | IBRD-80850 | Int Charges | 2,377,220.80 |
| Oct 15, 2015 | IBRD-80850 | Int Charges | 11,945.82 |
| Apr 15, 2016 | IBRD-80850 | Int Charges | 13,597.91 |
| Apr 15, 2016 | IBRD-80850 | Int Charges | 2,705,985.50 |
| Oct 15, 2016 | IBRD-80850 | Int Charges | 18,681.25 |
| Oct 15, 2016 | IBRD-80850 | Int Charges | 3,717,568.80 |
| Apr 15, 2014 | IBRD-80850 | Int Charges | 10,490.28 |
| Apr 15, 2014 | IBRD-80850 | Int Charges | 2,087,565.20 |
| Oct 15, 2014 | IBRD-80850 | Int Charges | 10,039.58 |
| Oct 15, 2014 | IBRD-80850 | Int Charges | 1,997,877.10 |
| Oct 15, 2013 | IBRD-80850 | Int Charges | 11,437.50 |
| Sep 13, 2011 | IBRD-80850 | Loan Commitment | 500,000,000.00 |
| Apr 15, 2024 | IBRD-80850 | Int Charges | 780.50 |
| Oct 15, 2013 | IBRD-80850 | Int Charges | 2,276,062.50 |
| Apr 15, 2023 | IBRD-80850 | Int Charges | 2,471.74 |
| Oct 15, 2023 | IBRD-80850 | Int Charges | 1,231.62 |
| Oct 15, 2023 | IBRD-80850 | Int Charges | 245,092.62 |
| Oct 15, 2023 | IBRD-80850 | Int Charges | 68,378.62 |
| Oct 15, 2023 | IBRD-80850 | Int Charges | 13,607,349.00 |
| Oct 15, 2023 | IBRD-80850 | Loan Repay | 83,250.00 |
| Oct 15, 2023 | IBRD-80850 | Loan Repay | 16,566,750.00 |
| Apr 15, 2024 | IBRD-80850 | Int Charges | 12,156,955.00 |
| Apr 15, 2024 | IBRD-80850 | Loan Repay | 83,250.00 |
| Apr 15, 2024 | IBRD-80850 | Loan Repay | 16,566,750.00 |
| Apr 15, 2024 | IBRD-80850 | Int Charges | 155,320.39 |
| Apr 15, 2024 | IBRD-80850 | Int Charges | 71,545.64 |
| Apr 15, 2022 | IBRD-80850 | Int Charges | 2,238,473.50 |
| Apr 15, 2022 | IBRD-80850 | Int Charges | 11,248.61 |
| Apr 15, 2022 | IBRD-80850 | Loan Repay | 83,250.00 |
| Apr 15, 2022 | IBRD-80850 | Loan Repay | 16,566,750.00 |
| Oct 15, 2022 | IBRD-80850 | Int Charges | 33,250.76 |
| Oct 15, 2022 | IBRD-80850 | Int Charges | 6,616,897.50 |
| Oct 15, 2022 | IBRD-80850 | Loan Repay | 83,250.00 |
| Oct 15, 2022 | IBRD-80850 | Loan Repay | 16,566,750.00 |
| Apr 15, 2023 | IBRD-80850 | Int Charges | 491,876.88 |
| Apr 15, 2023 | IBRD-80850 | Int Charges | 57,645.58 |
| Apr 15, 2023 | IBRD-80850 | Int Charges | 11,471,470.00 |
| Apr 15, 2023 | IBRD-80850 | Loan Repay | 83,250.00 |
| Apr 15, 2023 | IBRD-80850 | Loan Repay | 16,566,750.00 |
| Apr 15, 2021 | IBRD-80850 | Int Charges | 12,006.95 |
| Apr 15, 2021 | IBRD-80850 | Int Charges | 2,389,382.00 |
| Oct 15, 2021 | IBRD-80850 | Int Charges | 12,072.93 |
| Oct 15, 2021 | IBRD-80850 | Int Charges | 2,402,510.50 |
| Apr 15, 2020 | IBRD-80850 | Int Charges | 33,931.25 |
| Apr 15, 2020 | IBRD-80850 | Int Charges | 6,752,319.00 |
| Oct 15, 2020 | IBRD-80850 | Int Charges | 24,400.00 |
| Oct 15, 2020 | IBRD-80850 | Int Charges | 4,855,600.00 |
| Oct 15, 2018 | IBRD-80850 | Int Charges | 40,031.25 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Satisfactory | 2014-11-24 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2014-11-24 |
| Program Management | Satisfactory | 2014-11-24 |
| Monitoring and Evaluation | Satisfactory | 2014-11-24 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-19-2015 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | Modest |
| Bank Performance | Substantial |
| Borrower Performance | Substantial |
| Government Performance | Not Applicable |
| Implementing Agency | Not Applicable |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 08-19-2015 | PROJECT PERFORMANCE ASSESSMENT REPORT: 07-17-2017 |
|---|---|---|
| Outcome Rating | Satisfactory | Satisfactory |
| Risk To Development Outcome | Moderate | Modest |
| Bank Performance | Satisfactory | Satisfactory |
| Borrower Performance | Satisfactory | Satisfactory |
| Government Performance | Satisfactory | Not Rated |
| Implementing Agency | Satisfactory | Satisfactory |
| Icr Quality | Satisfactory | Not Rated |
| M&e Quality | Substantial | Modest |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
NDRRMC develops a monitoring system to track disaster-related financing; updated guidelines on the use of LGU Local Disaster Risk Reduction and Management Funds (LDRRMF) are issued. Value No Yes Yes Date October 17, 2014 October 31, 2014 Comment Guidelines on the use of Local Disaster Risk Reduction and Management Fund (LDRRMF) were issued. The DILG issued MemorandumCircular No. 2012-73 on April 17, 2012 to provide guidance on the eligible expenditures to be supported by the LDRRMF. This wasfollowed by the Commission on Audit (COA) Circular No. 2012-002 dated September 12, 2012 , which stipulates the reporting andaccounting procedures for the LDRRMF. Joint Memorandum Circular No. 2013-1 was issued by the NDRRMC, DBM, and DILG on March 25,2013 to clarify the allocation and utilization of the LDRRMF for ex-ante (70%) and ex-post (30%) measures (Quick Response Fund).It further clarified provisions in the DRRM Act regarding the establishment of a trust fund for unspent LDRRMF proceeds that mayaccumulate over 5 years. These guidelines enable LGUs to provide budgets for their DRRM plans, and account for these budgets inaccordance with government rules and regulations. The Project Monitoring and Evaluation System for DRM (PMESD) was developed andthe training workshop for the Office of Civil Defense (OCD), its user and beneficiary, was held in February 2014. In view of theongoing development within OPARR (with assistance of the UNDP) of a similar system to monitor post-Yolanda reconstruction, andcontracted with the same consultant that developed the PMESD, the Bank has recommended to both OCD and OPARR that it would beoptimal for the two systems to be linked, inter-operable and to share data as part of an overall DRM information system. The Department of Public Works and Highways (DPWH) retrofits and/or reconstructs bridges in Metro Manila, based on the results of structural audits. Value 0.00 10.00 10.00 Date May 13, 2011 October 17, 2014 October 31, 2014 Comment The Department of Public Works and Highways has completed retrofitting/reconstruction of ten (10) bridges in Metro Manila , meetingthe target specified in the Policy Matrix. In 2011, DPWH conducted an assessment of all bridges along national roads in MetroManila and identified 56 bridges for retrofitting, major repair and/or reconstruction, of which 18 have been funded, and theaforementioned 10 have been completed. In 2013, DPWH completed an assessment of the structural condition of all the bridges alongnational roads throughout the country to further inform prioritization and budgeting. Department of Finance has prepared its catastrophe risk financing strategy Value No Yes Yes Date May 13, 2011 October 17, 2014 October 31, 2014 Comment The Department of Finance has prepared its Disaster Risk Financing and Insurance (DRFI) strategy. The DRFI Strategy and theassociated Action Plan were prepared by DOF, in consultation with representatives of government agencies and other relevantstakeholders. The DRFI Strategy, together with the Action Plan, and an investment plan for donor consideration were presented bythe Secretary of Finance at the Political Champions Group Insurance Initiative in July 2014 (London, United Kingdom). Provinces have mainstreamed climate change adaptation and disaster risk reduction measures into their Provincial Development and Physical Framework Plans (PDPFP). Value 1.00 72.00 30.00 Date May 13, 2011 October 17, 2014 October 31, 2014 Comment Seventy-two (72) provinces have mainstreamed climate change adaptation and disaster risk reduction measures into their ProvincialDevelopment and Physical Framework Plans (PDPFP), exceeding the CAT-DDO Policy Matrix target of 30 provinces. Sixty-nine of the 72provinces have already had their plans approved by their respective Governors and Provincial Planning and Development Councils(PPDC), while the remaining 3 have received PPDC approval and are awaiting Governors’ approval. A monitoring and evaluation tool inthe form of a results matrix for mainstreaming DRR and CCA was issued by NEDA to further inform planning at the provincial level. DOH expands coverage of its Safe Hospitals Program in accordance with WHO guidelines by conducting audits of public and private health facilities in Metro Manila. Value 25.00 199.00 100.00 Date May 13, 2011 October 17, 2014 October 31, 2014 Comment hospitals The Department of Health (DOH) has expanded coverage of its Safe Hospitals Program in accordance with WHO guidelines. The DOH hasassessed 199 hospitals in Luzon, exceeding the Cat-DDO target of 100 health facilities. These hospitals, both in the public andprivate sectors, were evaluated based on agreed indicators of structural, non-structural, and functional capacities in order toinform investment decisions for meeting the identified gaps. The assessment followed the indicators developed by DOH inpartnership with the World Health Organization and the European Union. The DOH is also planning to undertake a similar assessmentfor the Visayas and Mindanao regions. Government community development and social protection programs are enhanced to better address disaster risks. Value 0.00 24026.00 1000.00 Date May 13, 2011 October 17, 2014 October 31, 2014 Comment Community development and social protection programs continue to be enhanced to better address disaster risks through theDepartment of Social Welfare and Development’s (DSWD) flagship poverty reduction programs, Pantawid Pamilya (4Ps) andKALAHI-CIDSS/National Community Driven Development Program (KC-NCDDP). The target of 1,000 communities identified in the PolicyMatrix for DRRM training was substantially exceeded, with 24,026 communities covered through the DRRM module in the DSWD’s FamilyDevelopment Sessions (FDS). DSWD has now prepared a new Disaster Response Operations Manual that provides more comprehensivetraining to communities under KC-NCDDP. NDRRMC has rolled out training programs for government authorities to conduct post-disaster needs assessments and emergency preparedness drills. Value No Yes Date May 13, 2011 October 17, 2014 Comment NDRRMC has rolled out training programs for government authorities to conduct post-disaster needs assessments and emergencypreparedness drills. Fifteen sector-specific Guidance Notes were developed under the Bank’s technical assistance and have beenlocally adopted to become the framework for the Philippine post-disaster assessment methodology. These Guidance Notes were used ina formal training program, followed by training roll-out and application of the methods by the various government agencies duringthe PDNAs conducted after Typhoons Pablo and Yolanda. The PDNAs constituted the real-life application of the newly learned skills,and the NDRRMC/OCD will continue the capacity building as part of the OCD’s regular training and emergency preparedness drillprogram. Multisectoral disaster preparedness drills and training are conducted periodically by the member agencies of the NDRRMC. 4 Field Offices are covered by a community-based post-disaster response window. Value 1.00 4.00 4.00 Date May 13, 2011 October 17, 2014 October 31, 2014 Comment DILG supports the establishment of functional DRRM units or offices. Value 4.00 80.00 14.00 Date May 13, 2011 October 17, 2014 October 31, 2014 Comment provinces Eighty (80) provinces have established fully functional DRRM offices, substantially exceeding the target of 14 provinces.Similarly, over 1,487 cities and municipalities have established Local DRRM Offices. The National DRRM Council (NDRRMC), DILG, theDepartment of Budget and Management (DBM) and the Civil Service Commission issued Joint Memorandum Circular No. 2014-1 in April ,setting forth the implementing guidelines for the establishment of Local DRRM offices and Barangay DRRM Committees in LGUs. DILG ismonitoring progress in the functionality of the Local DRRM Offices, through the annual Seal of Good Local Governance.