| Financier | Commitments |
|---|---|
| Disaster Risk Financing and Insurance | 0.30 |
| Global Facility for Disaster Reduction and Recovery | 0.87 |
Pacific Catastrophe Risk Assessment and Financing Initiative Phase 3 - (RETF)
Development Objective
The objective of this project is to provide Pacific Island Countries (PICs) with an upgraded disaster and climate risk information platform and enhance their capacity to use it and to develop an associated series of risk management applications for enhanced disaster risk reduction, risk management, risk adjusted development planning, and risk financing decisions.
Key Details
Project Details
P132449
Closed
Denis Jordy
SOPAC (Pacific Is. Applied Geoscience Commission)
Pacific Islands
September 10, 2013
(as of board presentation)
September 10, 2013
October 21, 2013
US$ 1.17 million
Pacific Islands Applied Geosciences Commission (SOPAC)
2014
US$ 1.17 million
C
Not Applicable
August 31, 2016
BANK APPROVED
August 15, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 1.17 |
| Total Project Cost** | 1.17 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Unsatisfactory | 2014-06-28 |
| Counterpart Funding | Satisfactory | 2014-06-28 |
| Financial Management | Satisfactory | 2014-06-28 |
| Monitoring and Evaluation | Satisfactory | 2014-06-28 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2014-06-28 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2014-06-28 |
| Project Management | Moderately Satisfactory | 2014-06-28 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Selected Country and SOPAC Stqff are trained to use andmaintain the Pacific Risk Information System Value 0.00 0.00 0.00 Date Comment Catastrophe risk financing arrangements are in place for five targeted PICs, with arrangements for reducing gender bias. Value 0.00 0.00 0.00 Date Comment A rapid disaster assessment protocol based on modeled losses is established in collaboration with the modeling contractor hired under PCRAFI, and the protocol is tested and upgraded. Value 0.00 0.00 0.00 Date Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Data in Pacific Risk Information System (PACRIS) is adequately maintained, upgradedand available to serve the needs of targeted countries. Value 0.00 0.00 0.00 Date Comment Countries with direct access to data in Pacific Risk Information System (PACRIS). Value 0.00 0.00 0.00 Date Comment Countries with direct access to data in Pacific Risk Information System (PACRIS). Value 0.00 0.00 0.00 Date Comment Regular Steering Committee meetings organized. Value Date Comment Peer learning exchange facilitated with countries. Value 0.00 0.00 0.00 Date Comment Peer learning exchange facilitated with countries. Value 0.00 0.00 0.00 Date Comment Technical advisory tasks and training sessions provided to develop catastrophe riskfinancing solutions in targeted PICs, Value 0.00 0.00 0.00 Date Comment Draft protocol for modeled rapid disaster assessments is developed, tested and updated Value 0.00 0.00 0.00 Date Comment Post disaster assessments provided to the risk modeling company in a timely manner Value 0.00 0.00 0.00 Date Comment Catastrophe risk financing arrangements are in place for five targeted PICs Value 0.00 0.00 0.00 Date Comment