| Financier | Commitments |
|---|---|
| Wealth Accounting and Valuation of Ecosystem Services MDTF | 0.70 |
Philippine Wealth Accounting and the Valuation of Ecosystem Services RETF
Development Objective
The objective of the Philippine Wealth Accounting and Valuation of Ecosystems Recipient-executed Trust Fund (Phil-WAVES RETF) is tosupport institutionalization of selected modules of the System of Environmental-Economic Accounting (SEEA) 2012.
Key Details
Project Details
P146075
Closed
Stefanie Onder , Maya Villaluz
National Economic Development Authority
January 30, 2014
(as of board presentation)
January 30, 2014
April 25, 2014
US$ 0.70 million
Philippine Statistics Authority
2014
US$ 0.70 million
B
July 16, 2024
April 30, 2017
BANK APPROVED
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 | 0.70 |
| Total Project Cost** | 0.70 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Ratings
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Functioning system for the regular compilation of selected modules of System of Environmental-Economic Accounting (SEEA). Value No Yes Yes Date April 25, 2014 April 11, 2017 April 30, 2017 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Macroeconomic indicators based on NCA compiled regularly Value 0.00 4.00 3.00 Date April 25, 2014 April 11, 2017 April 30, 2017 Comment Asset accounts for mineral resources compiled regularly Value 0.00 1.00 1.00 Date April 25, 2014 April 11, 2017 April 30, 2017 Comment Flow accounts for mineral resources compiled regularly Value 0.00 0.00 1.00 Date April 25, 2014 April 11, 2017 April 30, 2017 Comment Asset accounts for mangrove resources compiled regularly Value 0.00 2.00 1.00 Date April 25, 2014 April 26, 2017 April 30, 2017 Comment Flow accounts for mangrove resources compiled regularly Value 0.00 2.00 1.00 Date April 25, 2014 April 26, 2017 April 30, 2017 Comment Selected PSA and Government staff trained to compile and maintain natural capital accounts Value 30.00 234.00 120.00 Date April 25, 2014 April 11, 2017 April 30, 2017 Comment Regular Steering Committee meetings organized Value 2.00 7.00 10.00 Date April 25, 2014 April 11, 2017 April 30, 2017 Comment