Disaster Risk Management Development Policy Loan with CAT DDO

Abstract*

The Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option of Seychelles has an objective of the proposed operation is to strengthen the Government of Seychelles Disaster Risk Management policy and reform agenda and enhance its capacity to efficiently respond to disasters. The two pillars of the proposed operation are: (i) strengthening the institutional/legal framework for disaster risk management, and (ii)... Show More

Development Objective

The development objective of the proposed operation is to strengthen the Government of Seychelles Disaster Risk Management policy and reform agenda and enhance its capacity to efficiently respond to disasters.

Key Details

Project Details

Project ID
P148861
Status
Closed
Team Leader
Brenden Jongman , Ana Campos Garcia
Borrower 2
Ministry of Finance, Trade and Economic Planning

Country
Seychelles
Disclosure Date
September 26, 2014
Approval Date
(as of board presentation)
September 26, 2014
Effective Date
December 31, 2014

Total Project Cost 1
US$ 7.00 million
Implementing Agency
Department of Risk and Disaster Management, Vice-President's Offfice
Region
Eastern and Southern Africa
Fiscal Year 3
2015

Commitment Amount
US$ 7.00 million
Environmental Category
N/A
Environmental and Social Risk
N/A
Closing Date
September 30, 2020

Last Stage Reached
BANK APPROVED
Last Update Date
June 2, 2022

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 - Finance

FY17 - Finance for Development25%
- FY17 - Disaster Risk Finance25%

FY17 - Human Development and Gender

FY17 - Disease Control0%
- FY17 - Pandemic Response1%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management75%
- FY17 - Disaster Preparedness25%
- FY17 - Disaster Response and Recovery25%
- FY17 - Disaster Risk Reduction25%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	7.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	7.00
IDA Commitment	N/A
IBRD + IDA Commitment	7.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	7.00

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

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Feb 15, 2017	IBRD-84390	Int Charges	402.52
Aug 15, 2020	IBRD-84390	Int Charges	73,958.62
Dec 31, 2014	IBRD-84390	Fee Charges	35,000.00
Dec 31, 2014	IBRD-84390	Loan Disb	-35,000.00
Dec 31, 2014	IBRD-84390	Loan Disb	35,000.00
Aug 15, 2015	IBRD-84390	Int Charges	59.19
Aug 15, 2015	IBRD-84390	Int Charges	251.63
Feb 15, 2016	IBRD-84390	Int Charges	280.86
Aug 15, 2016	IBRD-84390	Int Charges	337.98
Apr 10, 2020	IBRD-84390	Loan Disb	6,965,000.00
Apr 10, 2020	IBRD-84390	Loan Disb	-6,965,000.00
Apr 10, 2020	IBRD-84390	Loan Disb	6,965,000.00
Mar 4, 2019	IBRD-84390	Fee Charges	17,412.50
Feb 19, 2019	IBRD-84390	Loan Repay	35,000.00
Feb 19, 2019	IBRD-84390	Int Charges	636.84
Aug 15, 2018	IBRD-84390	Int Charges	547.27
Aug 15, 2017	IBRD-84390	Int Charges	420.57
Feb 15, 2018	IBRD-84390	Int Charges	449.00
Sep 26, 2014	IBRD-84390	Loan Commitment	7,000,000.00
Feb 15, 2024	IBRD-84390	Int Charges	110,395.26
Aug 15, 2024	IBRD-84390	Int Charges	110,395.26
Aug 15, 2023	IBRD-84390	Int Charges	110,395.26
Feb 15, 2023	IBRD-84390	Int Charges	110,395.26
Feb 15, 2022	IBRD-84390	Int Charges	51,974.36
Aug 15, 2022	IBRD-84390	Int Charges	110,395.26
Aug 15, 2021	IBRD-84390	Int Charges	52,877.87
Feb 15, 2021	IBRD-84390	Int Charges	58,382.18
Aug 15, 2020	IBRD-84390	Int Charges	14.74
Dec 31, 2014	IBRD-84390	Loan Disb	35,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2020-06-30
Monitoring and Evaluation	Satisfactory	2020-06-30
Overall Implementation Progress (IP)	Satisfactory	2020-06-30
Program Management	Satisfactory	2020-06-30

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-29-2021
Outcomes	Substantial
Risk to Development Outcome
Bank Performance	Substantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW:	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Satisfactory	N/a
Borrower Performance		N/a
Government Performance	Not Rated	N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality		N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Districts have updated protocols for preparedness and response Value 0.00 5.00 5.00
Date January 1, 2015 June 4, 2020 September 30, 2020
Comment
A geospatial risk data sharing platform updated annually Value No Yes Yes
Date December 31, 2014 June 4, 2020 September 30, 2020
Comment
The DRDM conducts annual drills and exercises Value 0.00 3.00 6.00
Date January 1, 2015 June 4, 2020 September 30, 2020
Comment
Line Ministries, agencies and private sector include risk information in their development projects Value 0.00 7.00 5.00
Date December 31, 2014 June 4, 2020 September 30, 2020
Comment
Annual public DRM education and awareness campaigns are conducted. Value 0.00 3.00 2.00
Date December 31, 2014 June 4, 2020 September 30, 2020
Comment
At least 5 contingency plans have been updated and are officially approved Value 1.00 9.00 5.00
Date December 31, 2014 August 31, 2020 September 30, 2020
Comment

Districts have updated protocols for preparedness and response	Value	0.00	5.00	5.00
	Date	January 1, 2015	June 4, 2020	September 30, 2020
	Comment

At least 5 contingency plans have been updated and are officially approved	Value	1.00	9.00	5.00
	Date	December 31, 2014	August 31, 2020	September 30, 2020
	Comment