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Technical Assistance Project for the Development Carbon Capture and Storage in the Republic of South Africa

Development Objective

To assess the feasibility of, and build expert capacity for, carbon dioxide storage in South Africa

Key Details

Project Details

  • P149521

  • Closed

  • Joseph Kapika

  • National Treasury of South Africa

  • South Africa

  • September 20, 2016

  • (as of board presentation)

    March 22, 2017

  • November 10, 2018

  • US$ 38.00 million

  • Council for Geoscience (CGS),Department of Mineral Resources and Energy (DMRE)

  • Eastern and Southern Africa

  • 2017

  • US$ 23.00 million

  • A

  • Not Applicable

  • February 29, 2024

  • Yes

  • BANK APPROVED

  • August 29, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Energy Sector Management Assistance Program 23.00
Borrower/Recipient 15.00

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 23.00
Total Project Cost** 38.00

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

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

Detailed Financial Activity as of July 31, 2025

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

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2023-10-06
Financial Management Moderately Satisfactory 2023-10-06
Counterpart Funding Satisfactory 2023-10-06
Project Management Moderately Satisfactory 2023-10-06
Monitoring and Evaluation Satisfactory 2023-10-06
Procurement Unsatisfactory 2023-10-06
Overall Implementation Progress (IP) Moderately Satisfactory 2023-10-06

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 08-29-2024
OutcomesModerately Unsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 01-22-2025PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Cumulative South African professionals trained and hired/contracted to work on the PCSPValue10.0064.0030.00
    DateMarch 21, 2017February 29, 2024February 29, 2024
    Comment
  • Completion of the assessment of the feasibility of CO2 storage in the Govan Mbeki Local Municipality in South AfricaValueNoNoNo
    DateMarch 21, 2017February 29, 2024September 29, 2023
    Comment
  • Of which womenValue5.005.000.00
    Date
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • PCSP site confirmedValueNoYesYes
    DateMarch 21, 2017February 29, 2024February 29, 2024
    Comment
  • Cumulative annual public engagement summaries disclosedValue0.0020.0020.00
    DateMarch 21, 2017February 29, 2024June 30, 2023
    Comment
  • Cumulative PCSP boreholes loggedValue0.0022.0015.00
    DateMarch 21, 2017February 29, 2024June 30, 2023
    Comment
  • Cumulative PCSP geological profiles constructedValue0.005.005.00
    DateMay 6, 2021February 29, 2024February 29, 2024
    Comment