| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 300.00 |
Morocco Inclusive Green Growth DPL2
Abstract*
The presented operation is the second in a programmatic series of two single tranche development policy loans (DPLs). The series builds on solid sector dialogue over several years and strong government ownership of the program, as demonstrated by steady progress with the implementation of the reforms supported by DPL1. The DPL series supports a package of reforms pursuing three program development objectives (PDOs). These include: (i) improving the... Show More
Development Objective
The proposed DPL2 is the second in a programmatic series of two operations which supports the Government’s green growth agenda. TheProgram Development Objectives are: (i) improving the management of natural capital; (ii) greening physical capital and (iii) strengthening and diversifying the rural economy by leveraging human capital.
Key Details
Project Details
P149747
Closed
Maria Sarraf , Andrea Liverani
N/A
October 14, 2015
(as of board presentation)
December 18, 2015
January 12, 2016
US$ 300.00 million
Ministry of Economy and Finance,Ministry of General Affairs and Governance,Ministry of Energy Mines and Sustainable Development
2016
US$ 300.00 million
N/A
December 6, 2023
December 31, 2016
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 300.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 300.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 300.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jan 15, 2022 | IBRD-85730 | Loan Repay | 7,500,000.00 |
| Jan 15, 2023 | IBRD-85730 | Int Charges | 4,401,000.00 |
| Jan 15, 2023 | IBRD-85730 | Loan Repay | 7,500,000.00 |
| Jul 15, 2023 | IBRD-85730 | Int Charges | 4,200,000.00 |
| Jul 15, 2023 | IBRD-85730 | Loan Repay | 7,500,000.00 |
| Jul 15, 2020 | IBRD-85730 | Int Charges | 4,815,000.00 |
| Jan 15, 2021 | IBRD-85730 | Int Charges | 4,845,000.00 |
| Jan 15, 2021 | IBRD-85730 | Loan Repay | 7,500,000.00 |
| Jul 15, 2021 | IBRD-85730 | Int Charges | 4,753,125.00 |
| Jul 15, 2021 | IBRD-85730 | Loan Repay | 7,500,000.00 |
| Jul 15, 2018 | IBRD-85730 | Int Charges | 4,785,000.00 |
| Jan 15, 2019 | IBRD-85730 | Int Charges | 4,815,000.00 |
| Jul 15, 2019 | IBRD-85730 | Int Charges | 4,845,000.00 |
| Jan 15, 2020 | IBRD-85730 | Int Charges | 4,830,000.00 |
| Jan 15, 2016 | IBRD-85730 | Loan Disb | 299,249,984.00 |
| Jan 12, 2016 | IBRD-85730 | Loan Disb | 750,000.00 |
| Jan 12, 2016 | IBRD-85730 | Fee Charges | 750,000.00 |
| Jul 15, 2016 | IBRD-85730 | Int Charges | 87.50 |
| Jul 15, 2016 | IBRD-85730 | Int Charges | 2,320,500.00 |
| Jan 15, 2017 | IBRD-85730 | Int Charges | 2,591,333.20 |
| Jul 15, 2017 | IBRD-85730 | Int Charges | 3,122,250.00 |
| Jul 15, 2017 | IBRD-85730 | Loan Disb | 300,000,000.00 |
| Jul 15, 2017 | IBRD-85730 | Loan Disb | -300,000,000.00 |
| Jan 15, 2018 | IBRD-85730 | Int Charges | 4,770,000.00 |
| Jan 15, 2024 | IBRD-85730 | Loan Repay | 7,500,000.00 |
| Jan 15, 2024 | IBRD-85730 | Int Charges | 4,156,500.00 |
| Jul 15, 2024 | IBRD-85730 | Int Charges | 4,083,750.00 |
| Jul 15, 2024 | IBRD-85730 | Loan Repay | 7,500,000.00 |
| Dec 18, 2015 | IBRD-85730 | Loan Commitment | 300,000,000.00 |
| Jul 15, 2022 | IBRD-85730 | Loan Repay | 7,500,000.00 |
| Jul 15, 2022 | IBRD-85730 | Int Charges | 4,537,125.00 |
| Jan 15, 2022 | IBRD-85730 | Int Charges | 4,645,500.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-30-2018 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | Modest |
| Bank Performance | Moderately Satisfactory |
| Borrower Performance | Moderately Satisfactory |
| Government Performance | Not Applicable |
| Implementing Agency | Not Applicable |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 08-15-2018 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | Modest | N/a |
| Bank Performance | Moderately Satisfactory | N/a |
| Borrower Performance | Moderately Satisfactory | N/a |
| Government Performance | Moderately Satisfactory | N/a |
| Implementing Agency | Moderately Satisfactory | N/a |
| Icr Quality | Substantial | N/a |
| M&e Quality | Substantial | N/a |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Indicator1: # of regional coastal zone management plans (Schemas Regionaux d'Amenagement du Littoral) approved Value 0.00 0.00 2.00 Date December 2, 2013 April 13, 2016 September 29, 2017 Comment Indicator 2: # of regional maritime fisheries control plans approved Value 0.00 0.00 18.00 Date December 2, 2013 April 13, 2016 September 29, 2017 Comment Indicator 3: # of aquifers (nappes) in which groundwater abstraction is regulated by a groundwater agreement among water consumers Value 1.00 1.00 3.00 Date December 2, 2013 April 13, 2016 September 29, 2017 Comment Indicator 4: Area (in m2) of new buildings integrating EE requirements and respecting thermal regulations for new buildings Value 0.00 0.00 400000.00 Date December 2, 2013 June 27, 2014 September 29, 2017 Comment Indicator 10: # of polluting products subject to green taxes or to conventions promoting recycling value chains Value 2.00 7.00 4.00 Date December 2, 2013 April 13, 2016 September 29, 2017 Comment Indicator 14: # of ecotourism sector jobs created (gender disaggregated) Value 0.00 0.00 250.00 Date December 2, 2013 June 27, 2014 September 29, 2017 Comment Indicator 5: Total capacity of distributed medium and low tension grid renewable energy systems (in MW) Value 0.00 0.00 10.00 Date December 2, 2013 June 27, 2014 September 29, 2017 Comment Indicator 6: Total subsidy envelope to diesel, gasoline and in dustrial fuel (in % of GDP) Value 3.00 3.00 0.00 Date December 2, 2013 June 27, 2014 September 29, 2017 Comment Indicator 9: Reduction in industrial pollution (as measured by tons of BOD5 abated yearly) Value 20.00 144.00 200.00 Date December 2, 2013 June 27, 2014 September 29, 2017 Comment Indicator 11: Share of the envelope allocated to direct seeders in the total FDA envelope allocated to seeders (traditional and direct) Value 0.00 0.00 6.00 Date December 2, 2013 June 27, 2014 September 29, 2017 Comment Indicator 8: #of industries having submitted a funding request to the Voluntary Mechanism for Industrial Depollution Value 0.00 7.00 3.00 Date December 2, 2013 April 13, 2016 September 29, 2017 Comment Indicator 13: # of aquaculture sector jobs created (gender disaggregated) Value 115.00 300.00 500.00 Date December 2, 2013 April 13, 2016 September 29, 2017 Comment Indicator 7: Social Cohesion Funds allocation as share of the total budget (excluding debt service) Value 0.63 0.00 1.34 Date December 2, 2013 September 29, 2017 Comment Indicator 12: Share of DMN revenues from agro-meteorological services Value 1.50 0.00 9.00 Date December 2, 2013 September 29, 2017 Comment