Financier | Commitments |
---|---|
Borrower/Recipient | 4.00 |
Free-standing Single Purpose Trust Fund | 43.25 |
P149670
Closed
Abigail Baca , Mirtha Escobar Saenz
CCRIF SPC
Latin America and Caribbean
February 27, 2014
(as of board presentation)
June 30, 2015
October 14, 2015
US$ 47.25 million
CCRIF SPC
2015
US$ 43.25 million
C
Not Applicable
December 31, 2021
Yes
BANK APPROVED
August 15, 2024
Financier | Commitments |
---|---|
Borrower/Recipient | 4.00 |
Free-standing Single Purpose Trust Fund | 43.25 |
Product Line | IBRD/IDA |
---|---|
IBRD Commitment | N/A |
IDA Commitment | N/A |
IBRD + IDA Commitment | N/A |
Lending Instrument | |
---|---|
Grant Amount | 43.25 |
Total Project Cost** | 47.25 |
Name | Review | Date |
---|---|---|
Progress towards achievement of PDO | Satisfactory | 2021-12-12 |
Procurement | Satisfactory | 2021-12-12 |
Project Management | Satisfactory | 2021-12-12 |
Financial Management | Satisfactory | 2021-12-12 |
Counterpart Funding | Satisfactory | 2021-12-12 |
Monitoring and Evaluation | Satisfactory | 2021-12-12 |
Overall Implementation Progress (IP) | Satisfactory | 2021-12-12 |
INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-21-2022 |
---|---|
Outcomes | Substantial |
Risk to Development Outcome | |
Bank Performance | Substantial |
Borrower Performance | |
Government Performance | |
Implementing Agency |
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 | Substantial | N/a |
INDICATOR | BASELINE | CURRENT | TARGET |
---|
CCRIF premiums are lower than the simulated price for a comparable coverage that any member country could purchase individually in the market | Value | Yes | Yes | Yes |
Date | June 30, 2015 | December 31, 2021 | December 31, 2021 | |
Comment |
Any CCRIF member country with catastrophe risk coverage has received payment within a month of the occurrence of an event which triggers an eligible loss | Value | 0.00 | 100.00 | 100.00 |
Date | June 30, 2015 | December 31, 2021 | December 31, 2021 | |
Comment |
INDICATOR | BASELINE | CURRENT | TARGET |
---|
Earthquake risk policies for COSEFIN member countries provide increasing insurance coverage and/or a lower attachment point (insurance deductible) for a given premium amount | Value | No | Yes | Yes |
Date | June 30, 2015 | December 31, 2021 | December 31, 2021 | |
Comment |
Climate risk related policies for COSEFIN member countries provide increasing insurance coverage and/or a lower attachment point (insurance deductible) for a given premium amount | Value | No | Yes | Yes |
Date | June 30, 2015 | December 31, 2021 | December 31, 2021 | |
Comment |
Climate risk related policies for CARICOM member countries provide increasing insurance coverage and/or a lower attachment point (insurance deductible) for a given premium amount | Value | No | Yes | Yes |
Date | June 30, 2015 | December 31, 2021 | December 31, 2021 | |
Comment |
Increased access by COSEFIN countries to products for risks related to climate-related events | Value | 0.00 | 3.00 | 5.00 |
Date | June 30, 2015 | December 31, 2021 | December 31, 2021 | |
Comment |
Increased access by CARICOM countries to products for risks related to climate related events | Value | 8.00 | 18.00 | 18.00 |
Date | June 30, 2015 | December 31, 2021 | December 31, 2021 | |
Comment |
Pricing of the earthquake risk policies purchased by COSEFIN member countries has actuarial consistency with CCRIF's survivability and long-term sustainability | Value | No | Yes | Yes |
Date | June 30, 2015 | December 31, 2021 | December 31, 2021 | |
Comment |
Pricing of the climate risk related policies purchased by COSEFIN member countries has actuarial consistency with CCRIF's survivability and long-term sustainability | Value | No | Yes | Yes |
Date | June 30, 2015 | December 31, 2021 | December 31, 2021 | |
Comment |
Pricing of the climate risk related policies purchased by CARICOM member countries has actuarial consistency with CCRIF?s survivability and long-term sustainability | Value | Yes | Yes | Yes |
Date | June 30, 2015 | December 31, 2021 | December 31, 2021 | |
Comment |
Number of products improved for risks related to geophysical events, accessible to COSEFIN countries | Value | 0.00 | 1.00 | 1.00 |
Date | July 25, 2017 | December 31, 2021 | December 31, 2021 | |
Comment |
Number of new products developed for risks related to climate events, accessible to COSEFIN countries | Value | 0.00 | 1.00 | 2.00 |
Date | July 25, 2017 | December 31, 2021 | December 31, 2021 | |
Comment |
Number of new products developed for risks related to climate events, accessible to CARICOM countries | Value | 0.00 | 1.00 | 2.00 |
Date | July 25, 2017 | December 31, 2021 | December 31, 2021 | |
Comment |
Number of COSEFIN countries subscribing to products for risk related geophysical events | Value | 0.00 | 2.00 | 4.00 |
Date | July 25, 2017 | December 31, 2021 | December 31, 2021 | |
Comment |
Number of products improved for risks related to climate events, accessible to COSEFIN countries | Value | 0.00 | 2.00 | 2.00 |
Date | July 25, 2017 | December 31, 2021 | December 31, 2021 | |
Comment |
Number of products improved for risks related to climate events, accessible to CARICOM countries | Value | 0.00 | 2.00 | 3.00 |
Date | July 25, 2017 | December 31, 2021 | December 31, 2021 | |
Comment |
Number of COSEFIN countries subscribing to products for risks related to climate events | Value | 0.00 | 5.00 | 3.00 |
Date | July 25, 2017 | December 31, 2021 | December 31, 2021 | |
Comment |
Number of CARICOM countries subscribing to products for risks related to climate events | Value | 8.00 | 18.00 | 2.00 |
Date | July 25, 2017 | December 31, 2021 | December 31, 2021 | |
Comment |
Increased access by COSEFIN countries to products for risks related to geophysical events | Value | 0.00 | 1.00 | 1.00 |
Date | June 30, 2015 | December 31, 2021 | December 31, 2021 | |
Comment |