Belo Horizonte Urban Development Policy Loan

Abstract*

The objective of the Belo Horizonte Inclusive Urban Development Policy Loan Project for Brazil is to support integrated and sustainable urban development and reduce social vulnerability in Belo Horizonte. This program document presents a proposed one tranche Development Policy Loan (DPL) to the Municipality of Belo Horizonte (BH) in the amount of US$200 million. Proactive integrated urban development strategies are urgently needed to address social... Show More

Development Objective

The objective of the proposed operation is to support integrated and sustainable urban development and reduce social vulnerability in Belo Horizonte.

Key Details

Project Details

Project ID
P126749
Status
Closed
Team Leader
Josef Leitmann
Borrower 2
Municipality of Belo Horizonte

Country
Brazil
Disclosure Date
November 8, 2011
Approval Date
(as of board presentation)
June 14, 2013
Effective Date
December 16, 2013

Total Project Cost 1
US$ 200.00 million
Implementing Agency
Municipality of Belo Horizonte
Region
Latin America and Caribbean
Fiscal Year 3
2013

Commitment Amount
US$ 200.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2014

Last Stage Reached
BANK APPROVED
Last Update Date
August 8, 2014

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 Management12%
- FY17 - Air quality management4%
- FY17 - Soil Pollution4%
- FY17 - Water Pollution4%

FY17 - Finance

FY17 - Finance for Development3%
- FY17 - Disaster Risk Finance3%

FY17 - Public Sector Management

FY17 - Public Administration39%
- FY17 - Administrative and Civil Service Reform10%
- FY17 - Municipal Institution Building23%
- FY17 - Transparency, Accountability and Good Governance6%
FY17 - Public Finance Management6%
- FY17 - Public Expenditure Management6%

FY17 - Social Development and Protection

FY17 - Social Inclusion33%
- FY17 - Indigenous People and Ethnic Minorities11%
- FY17 - Other Excluded Groups11%
- FY17 - Participation and Civic Engagement11%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management9%
- FY17 - Disaster Preparedness3%
- FY17 - Disaster Response and Recovery3%
- FY17 - Disaster Risk Reduction3%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	200.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	200.00
IDA Commitment	N/A
IBRD + IDA Commitment	200.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	200.00

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

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Jun 15, 2018	IBRD-81690	Int Charges	2,395,504.20
Jun 15, 2019	IBRD-81690	Loan Repay	2,000,000.00
Dec 15, 2018	IBRD-81690	Int Charges	1,139,039.60
Dec 15, 2018	IBRD-81690	Loan Repay	2,000,000.00
Dec 15, 2018	IBRD-81690	Int Charges	2,000,000.00
Jun 15, 2017	IBRD-81690	Int Charges	1,907,468.20
Jun 15, 2017	IBRD-81690	Loan Repay	740,000.00
Dec 15, 2017	IBRD-81690	Loan Repay	1,000,000.00
Dec 15, 2017	IBRD-81690	Int Charges	2,070,828.00
Jun 15, 2016	IBRD-81690	Int Charges	1,313,604.50
Jun 15, 2016	IBRD-81690	Loan Repay	500,000.00
Dec 15, 2016	IBRD-81690	Int Charges	1,521,964.20
Dec 15, 2016	IBRD-81690	Loan Repay	740,000.00
Dec 15, 2015	IBRD-81690	Int Charges	982,616.50
Dec 15, 2015	IBRD-81690	Loan Repay	500,000.00
Dec 13, 2013	IBRD-81690	Fee Charges	500,000.00
Dec 20, 2013	IBRD-81690	Loan Disb	200,000,000.00
Dec 15, 2014	IBRD-81690	Int Charges	802,202.90
Jun 15, 2014	IBRD-81690	Int Charges	796,500.00
Jun 15, 2014	IBRD-81690	Loan Repay	240,000.00
Dec 15, 2014	IBRD-81690	Loan Repay	240,000.00
Jun 15, 2015	IBRD-81690	Int Charges	847,294.94
Jun 15, 2015	IBRD-81690	Loan Repay	240,000.00
Jun 15, 2024	IBRD-81690	Int Charges	4,968,027.50
Jun 15, 2024	IBRD-81690	Loan Repay	4,999,999.00
Jun 15, 2024	IBRD-81690	Int Charges	175,155.44
Jun 15, 2024	IBRD-81690	Int Charges	31,972.45
Jun 14, 2013	IBRD-81690	Loan Commitment	200,000,000.00
Dec 15, 2022	IBRD-81690	Int Charges	3,131,065.00
Dec 15, 2022	IBRD-81690	Loan Repay	868,934.94
Dec 15, 2022	IBRD-81690	Loan Repay	3,131,065.00
Jun 15, 2023	IBRD-81690	Int Charges	215,964.81
Jun 15, 2023	IBRD-81690	Int Charges	4,474,895.00
Jun 15, 2023	IBRD-81690	Loan Repay	4,000,000.00
Dec 15, 2023	IBRD-81690	Int Charges	87,640.79
Dec 15, 2023	IBRD-81690	Int Charges	5,005,794.50
Dec 15, 2023	IBRD-81690	Loan Repay	5,000,000.00
Jun 15, 2022	IBRD-81690	Loan Repay	899,808.00
Jun 15, 2022	IBRD-81690	Int Charges	899,808.00
Jun 15, 2022	IBRD-81690	Loan Repay	3,100,192.00
Dec 15, 2021	IBRD-81690	Int Charges	790,885.30
Dec 15, 2021	IBRD-81690	Loan Repay	3,209,114.80
Dec 15, 2021	IBRD-81690	Loan Repay	790,885.30
Dec 15, 2020	IBRD-81690	Int Charges	1,042,734.00
Dec 15, 2020	IBRD-81690	Loan Repay	4,000,000.00
Jun 15, 2021	IBRD-81690	Loan Repay	868,342.25
Jun 15, 2021	IBRD-81690	Int Charges	868,342.25
Jun 15, 2021	IBRD-81690	Loan Repay	3,131,657.80
Dec 15, 2019	IBRD-81690	Int Charges	2,929,098.00
Dec 15, 2019	IBRD-81690	Loan Repay	3,000,000.00
Jun 15, 2020	IBRD-81690	Int Charges	2,462,997.00
Jun 15, 2020	IBRD-81690	Loan Repay	3,000,000.00
Jun 15, 2019	IBRD-81690	Int Charges	3,499,213.00
Jun 15, 2018	IBRD-81690	Loan Repay	1,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Overall Implementation Progress (IP)	Moderately Unsatisfactory	2015-04-27
Progress towards achievement of PDO	Moderately Unsatisfactory	2015-04-27
Program Management	Moderately Satisfactory	2015-04-27
Monitoring and Evaluation	Moderately Unsatisfactory	2015-04-27

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 05-29-2015
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome	Modest
Bank Performance	Moderately Satisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Moderately Satisfactory
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-23-2016	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Moderately Unsatisfactory	N/a
Borrower Performance	Moderately Satisfactory	N/a
Government Performance	Moderately Satisfactory	N/a
Implementing Agency	Moderately Satisfactory	N/a
Icr Quality	Exemplary	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Effective demand of projects decided by the community that are includeed in the city's multi-year plan. Value 0.00 72.00 25.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment
Increase in the number of civil society participants in participatory processes (OP Digital, OP Regional, PPR) Value 10.00 2.44 15.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment
Civil servants retirement plan actuarial deficit Value 3466500000.00 5293000000.00 3428500000.00
Date January 1, 2010 December 5, 2014 December 31, 2013
Comment
Number of households benefiting from land regularization between 2009 and 2013. Value 8768.00 16342.00 12155.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment
Number of new housing starts of formally developed low-income housing units. Value 1470.00 13575.00 5302.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment
Number of plots transferred by CAIXA Value 0.00 2325.00 1470.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment
Number of people remaining in social housing developments after 2 years Value 75.00 86.00 85.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment
Number of families with a dedicated action plan implemented Value 750.00 750.00 1500.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment
Percentage of female-headed households with a dedicated action plan Value 0.00 68.00 60.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment
Number of rehabilitated homes as a result of the program Value 0.00 24.00 250.00
Date December 1, 2011 December 5, 2014 December 31, 2013
Comment
Number of services rendered at BH Resolve units Value 94678.00 92064.00 148500.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment
Percentage of users rating the services rendered as good or excellent at BH Resolve units Value 0.00 97.65 90.00
Date January 1, 2011 October 31, 2014 December 31, 2013
Comment

Municipal Change Climate Action Plan that integrates and benchmarks existing sector-specific initiatives in solid waste, water, energy and urban forestry sectors	Value	0.00	1.00	1.00
	Date	January 1, 2011	December 5, 2014	December 31, 2013
	Comment

Consolidated database of: (i) hydrological and climate-related parameters; and (ii) disaster events and damages. Value 0.00 0.50 1.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment
Number of monthly performance reports of the early warning system issued Value 0.00 12.00 12.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment
Percentage of results completed yearly according to schedule Value 33.00 68.50 70.00
Date January 1, 2011 December 5, 2014 December 31, 2013
Comment

Increase in the number of civil society participants in participatory processes (OP Digital, OP Regional, PPR)	Value	10.00	2.44	15.00
	Date	January 1, 2011	December 5, 2014	December 31, 2013
	Comment

Civil servants retirement plan actuarial deficit	Value	3466500000.00	5293000000.00	3428500000.00
	Date	January 1, 2010	December 5, 2014	December 31, 2013
	Comment

Number of households benefiting from land regularization between 2009 and 2013.	Value	8768.00	16342.00	12155.00
	Date	January 1, 2011	December 5, 2014	December 31, 2013
	Comment

Number of new housing starts of formally developed low-income housing units.	Value	1470.00	13575.00	5302.00
	Date	January 1, 2011	December 5, 2014	December 31, 2013
	Comment

Number of plots transferred by CAIXA	Value	0.00	2325.00	1470.00
	Date	January 1, 2011	December 5, 2014	December 31, 2013
	Comment

Number of people remaining in social housing developments after 2 years	Value	75.00	86.00	85.00
	Date	January 1, 2011	December 5, 2014	December 31, 2013
	Comment

Number of families with a dedicated action plan implemented	Value	750.00	750.00	1500.00
	Date	January 1, 2011	December 5, 2014	December 31, 2013
	Comment

Number of services rendered at BH Resolve units	Value	94678.00	92064.00	148500.00
	Date	January 1, 2011	December 5, 2014	December 31, 2013
	Comment

Percentage of results completed yearly according to schedule	Value	33.00	68.50	70.00
	Date	January 1, 2011	December 5, 2014	December 31, 2013
	Comment