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Sustainable Production Systems and Conservation of Biodiversity

Abstract*

The objective of the Sustainable Production Systems and Conservation of Biodiversity Project for Panama is the same as the Project's development objective (PDO), namely to conserve globally significant biodiversity through the improvement of the management effectiveness of the Project Protected Areas and biodiversity mainstreaming in the Buffer Zones. The proposed project will contribute to two strategic objectives of the Biodiversity Strategy for...

* 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 proposed global environmental objective is to conserve globally significant biodiversity through improved management effectiveness of the project protected areas and biodiversity mainstreaming in the buffer zones.

Key Details

Project Details

  • P145621

  • Closed

  • Garry Charlier

  • Republic of Panama

  • Panama

  • August 26, 2013

  • (as of board presentation)

    February 9, 2015

  • February 4, 2016

  • US$ 28.97 million

  • Ministerio de Ambiente (MIAMBIENTE)

  • Latin America and Caribbean

  • 2015

  • US$ 9.59 million

  • B

  • May 10, 2022

  • December 30, 2019

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Local Beneficiaries 0.63
Global Environment Facility (GEF) 9.59
Borrower/Recipient 10.16
Municipalities of Borrowing Country 0.09
Private Commercial Sources (identified) 8.50

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 9.59
Total Project Cost** 28.97

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Counterpart Funding Satisfactory 2019-12-30
Overall Implementation Progress (IP) Satisfactory 2019-12-30
Summary Global Objective Rating Satisfactory 2019-12-30
Project Management Satisfactory 2019-12-30
Financial Management Satisfactory 2019-12-30
Monitoring and Evaluation Satisfactory 2019-12-30
Procurement Satisfactory 2019-12-30

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 08-28-2020
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 04-22-2021PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Areas brought under enhanced biodiversity protection (ha)Value481418.00550000.000.00
    DateMay 1, 2014December 31, 2019
    Comment
  • Landscapes certified by internationally or nationally recognized environmental standards that incorporate biodiversity considerations (ha)Value0.001200.000.00
    DateMay 1, 2014December 31, 2019
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Endowment fund to support sustainable management of PAs established and operatingValue0.00100.000.00
    DateMay 1, 2014December 31, 2019
    Comment
  • Producer association groups implement at least 30 sub-projectsValue0.0030.000.00
    DateMay 1, 2014December 31, 2019
    Comment
  • Number of outreach or educational activities to promote the benefits of biodiversity and the public’s role in conservationValue0.0030.0050.00
    DateMay 1, 2014December 31, 2019April 2, 2018
    Comment
  • Number of operating concessions for administration or services to support the management of 3 PAsValue0.003.001.00
    DateMay 1, 2014December 31, 2019
    Comment
  • Two business alliances with buyers for marketing of biodiversity-friendly products are establishedValue0.002.000.00
    DateMay 1, 2014December 31, 2019
    Comment
  • Analysis of financial gap for the entire PA system publishedValue0.001.001.00
    DateMay 1, 2014December 31, 2019
    Comment
  • Number of PAs where the SNIMDB is implementedValue3.008.004.00
    DateMay 1, 2014December 31, 2019
    Comment
  • Number of municipalities that have implemented activities in their environmental plansValue0.006.002.00
    DateMay 1, 2014December 31, 2019
    Comment
  • At least one biodiversity-friendly product (i.e., coffee, cacao, orange, or banana) receives bio-labels and/or denomination of origin.Value0.001.000.00
    DateMay 1, 2014December 31, 2019
    Comment
  • Direct project beneficiariesValue0.0048450.0080000.00
    DateMay 1, 2014December 31, 2019April 2, 2018
    Comment
  • Female beneficiariesValue0.0045.000.00
    DateMay 1, 2014April 10, 2018
    Comment