Pacific Islands Regional Oceanscape Program Forum Fisheries Agency

Abstract*

The objective of the Pacific Islands Regional Oceanscape Program Project for the Federated States of Micronesia is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend. The project has four components. (1) Sustainable management of oceanic fisheries component will help participating Pacific Island countries strengthen the management of the region's purse seine... Show More

Development Objective

The objective of the Project is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend.

Key Details

Project Details

Project ID
P131655
Status
Closed
Team Leader
Nina Doetinchem
Borrower 2
Forum Fisheries Agency,The Federated States of Micronesia,Solomon Islands,The Repoublic of Kiribati,Tuvalu,The Republic of Marshall Islands

Country
Pacific Islands
Disclosure Date
November 20, 2014
Approval Date
(as of board presentation)
December 22, 2014
Effective Date
June 1, 2015

Total Project Cost 1
US$ 16.29 million
Implementing Agency
Ministry of Finance,Forum Fisheries Agency,Ministry of Finance & Economic Development,Ministry of Finance,Ministry of Finance,Ministry of Finance
Region
East Asia and Pacific
Fiscal Year 3
2015

Commitment Amount
US$ 3.97 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
September 30, 2021

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Last Update Date
July 16, 2024

Associated Projects
P153429

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 Management21%
- FY17 - Air quality management7%
- FY17 - Soil Pollution7%
- FY17 - Water Pollution7%
FY17 - Environmental policies and institutions28%
FY17 - Renewable Natural Resources Asset Management22%
- FY17 - Biodiversity22%

FY17 - Private Sector Development

FY17 - Jobs100%
FY17 - Regional Integration28%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	3.97

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	3.97
IBRD + IDA Commitment	3.97

Lending Instrument
Grant Amount	N/A
Total Project Cost**	16.29

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

No data available.

Detailed Financial Activity as of April 30, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
May 5, 2017	IDA-D0230	Loan Disb	233,057.94
Sep 9, 2016	IDA-D0230	Loan Disb	149,253.70
Nov 8, 2017	IDA-D0230	Loan Disb	100,945.00
Dec 22, 2014	IDA-D0230	Loan Commitment	3,970,000.00
Apr 11, 2019	IDA-D0230	Loan Disb	97,097.43
Mar 22, 2019	IDA-D0230	Loan Disb	31,034.46
Nov 7, 2019	IDA-D0230	Loan Disb	234,494.56
Sep 11, 2019	IDA-D0230	Loan Disb	182,888.90
Jul 30, 2019	IDA-D0230	Loan Disb	11,558.84
Oct 15, 2019	IDA-D0230	Loan Disb	91,303.97
Mar 25, 2020	IDA-D0230	Loan Disb	200,900.06
Mar 25, 2020	IDA-D0230	Loan Disb	45,906.79
Apr 30, 2020	IDA-D0230	Loan Disb	42,560.09
May 11, 2020	IDA-D0230	Loan Disb	16,109.17
Jul 20, 2020	IDA-D0230	Loan Disb	68,550.06
Jun 18, 2020	IDA-D0230	Loan Disb	178,715.42
Dec 14, 2020	IDA-D0230	Loan Disb	103,525.22
May 25, 2021	IDA-D0230	Loan Disb	92,642.74
Jul 15, 2021	IDA-D0230	Loan Disb	145,413.28
Sep 21, 2021	IDA-D0230	Loan Disb	30,008.59
Mar 23, 2022	IDA-D0230	Loan Cancel	393,520.03
Mar 23, 2022	IDA-D0230	Loan Disb	-164,131.50
Aug 8, 2017	IDA-D0230	Loan Disb	147,496.90
Aug 16, 2017	IDA-D0230	Loan Disb	37,361.22
Nov 16, 2017	IDA-D0230	Loan Disb	34,874.30
Jan 11, 2018	IDA-D0230	Loan Disb	37,322.56
Dec 5, 2017	IDA-D0230	Loan Disb	55,928.83
Apr 19, 2018	IDA-D0230	Loan Disb	19,305.20
Mar 14, 2018	IDA-D0230	Loan Disb	25,105.61
Jun 13, 2018	IDA-D0230	Loan Disb	50,225.14
May 25, 2018	IDA-D0230	Loan Disb	160,420.48
Jul 23, 2018	IDA-D0230	Loan Disb	72,576.34
Dec 20, 2018	IDA-D0230	Loan Disb	9,710.44
Oct 9, 2018	IDA-D0230	Loan Disb	10,919.57
Feb 19, 2019	IDA-D0230	Loan Disb	19,990.13
Oct 25, 2018	IDA-D0230	Loan Disb	73,281.17
Nov 20, 2018	IDA-D0230	Loan Disb	70,678.06
May 15, 2019	IDA-D0230	Loan Disb	74,641.44
Jul 8, 2019	IDA-D0230	Loan Disb	20,437.43
Jun 23, 2015	IDA-D0230	Loan Disb	400,000.00
Jun 28, 2017	IDA-D0230	Loan Disb	155,374.02

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Moderately Satisfactory	2021-06-21
Overall Implementation Progress (IP)	Satisfactory	2021-06-21
Progress towards achievement of PDO	Satisfactory	2021-06-21
Financial Management	Moderately Satisfactory	2021-06-21
Monitoring and Evaluation	Satisfactory	2021-06-21
Project Management	Moderately Satisfactory	2021-06-21

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-22-2022
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome
Bank Performance	Moderately Unsatisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-20-2023	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Unsatisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	High	N/a
M&e Quality	Negligible	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of large marine protected or marine managed areas conserving habitat critical to support Pacific fisheries, for which sustainable revenue streams are identified	Value	0.00	3.00	1.00
	Date	June 1, 2015	September 30, 2021
	Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Regional BDM grouping of Pacific Island Countries formed to better manage this fishery and link to the regional market Value No Yes
Date February 15, 2015 September 30, 2021
Comment
Criteria developed for endowment funding of large MPAs in the region Value No Yes No
Date February 15, 2015 September 30, 2021
Comment
Grievances registered related to delivery of project benefits that are addressed Value 0.00 0.00 0.00
Date February 15, 2015 September 30, 2021
Comment

Regional BDM grouping of Pacific Island Countries formed to better manage this fishery and link to the regional market	Value	No	Yes
	Date	February 15, 2015	September 30, 2021
	Comment