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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)...

* 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 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

  • P148861

  • Closed

  • Brenden Jongman , Ana Campos Garcia

  • Ministry of Finance, Trade and Economic Planning

  • Seychelles

  • September 26, 2014

  • (as of board presentation)

    September 26, 2014

  • December 31, 2014

  • US$ 7.00 million

  • Department of Risk and Disaster Management, Vice-President's Offfice

  • Eastern and Southern Africa

  • 2015

  • US$ 7.00 million

  • N/A

  • N/A

  • September 30, 2020

  • BANK APPROVED

  • June 2, 2022

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
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

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

Detailed Financial Activity as of March 31, 2025

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No data available.
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

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-29-2021
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: PROJECT 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 QualityN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Districts have updated protocols for preparedness and responseValue0.005.005.00
    DateJanuary 1, 2015June 4, 2020September 30, 2020
    Comment
  • A geospatial risk data sharing platform updated annuallyValueNoYesYes
    DateDecember 31, 2014June 4, 2020September 30, 2020
    Comment
  • The DRDM conducts annual drills and exercisesValue0.003.006.00
    DateJanuary 1, 2015June 4, 2020September 30, 2020
    Comment
  • Line Ministries, agencies and private sector include risk information in their development projectsValue0.007.005.00
    DateDecember 31, 2014June 4, 2020September 30, 2020
    Comment
  • Annual public DRM education and awareness campaigns are conducted.Value0.003.002.00
    DateDecember 31, 2014June 4, 2020September 30, 2020
    Comment
  • At least 5 contingency plans have been updated and are officially approvedValue1.009.005.00
    DateDecember 31, 2014August 31, 2020September 30, 2020
    Comment