PERU SECOND DPL WITH A CAT DDO

Abstract*

The objective of the Second Disaster Risk Management Development Policy Loan for Peru is to strengthen the institutional and legal framework to contribute toward the reduction of Perus fiscal and physical vulnerability to disasters. Specifically, the project will support the Government of Perus (GoPs) efforts to mobilize resources in the aftermath of a disaster and strengthen disaster risk reduction and climate change adaptation measures in the... Show More

Development Objective

The development objective of the proposed operation is to strengthen the legal and institutional framework to contribute toward the reduction of Peru's fiscal and physical vulnerability to disasters.

Key Details

Project Details

Project ID
P149831
Status
Closed
Team Leader
Diana Rubiano Vargas
Borrower 2
Ministry of Economy and Finance

Country
Peru
Disclosure Date
November 18, 2014
Approval Date
(as of board presentation)
March 12, 2015
Effective Date
June 22, 2015

Total Project Cost 1
US$ 400.00 million
Implementing Agency
Unidad de Coordinación de Cooperación Técnica y Financiera - UCCTF
Region
Latin America and Caribbean
Fiscal Year 3
2015

Commitment Amount
US$ 400.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
March 12, 2018

Last Stage Reached
BANK APPROVED
Last Update Date
September 10, 2020

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 - Environment and Natural Resource Management

FY17 - Climate change20%
- FY17 - Adaptation20%

FY17 - Finance

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

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	400.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	400.00
IDA Commitment	N/A
IBRD + IDA Commitment	400.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	400.00

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

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Mar 12, 2015	IBRD-84780	Loan Commitment	400,000,000.00
Aug 20, 2015	IBRD-84780	Fee Charges	2,000,000.00
May 15, 2023	IBRD-84780	Int Charges	1,844,873.40
Nov 15, 2023	IBRD-84780	Int Charges	2,210,576.80
Nov 15, 2023	IBRD-84780	Int Charges	41,936.26
May 15, 2024	IBRD-84780	Int Charges	13,802.57
May 15, 2024	IBRD-84780	Int Charges	2,332,555.50
May 15, 2022	IBRD-84780	Int Charges	373,061.12
Nov 15, 2022	IBRD-84780	Int Charges	1,150,802.40
May 15, 2021	IBRD-84780	Int Charges	369,541.66
Nov 15, 2020	IBRD-84780	Int Charges	525,933.30
Nov 15, 2021	IBRD-84780	Int Charges	364,933.34
Nov 15, 2019	IBRD-84780	Int Charges	1,212,866.60
May 15, 2020	IBRD-84780	Int Charges	959,038.90
May 15, 2018	IBRD-84780	Int Charges	411,872.22
Nov 15, 2018	IBRD-84780	Int Charges	1,177,088.90
May 15, 2019	IBRD-84780	Int Charges	1,284,597.20
Feb 15, 2018	IBRD-84780	Loan Disb	-70,000,000.00
Feb 15, 2018	IBRD-84780	Loan Disb	70,000,000.00
Mar 12, 2018	IBRD-84780	Loan Cancel	330,000,000.00
Feb 15, 2018	IBRD-84780	Loan Disb	70,000,000.00
May 15, 2023	IBRD-84780	Int Charges	98,177.19

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Overall Implementation Progress (IP)	Satisfactory	2018-02-23
Program Management	Satisfactory	2018-02-23
Progress towards achievement of PDO	Satisfactory	2018-02-23
Monitoring and Evaluation	Satisfactory	2018-02-23

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-27-2019
Outcomes	Substantial
Risk to Development Outcome	Modest
Bank Performance	Substantial
Borrower Performance	Substantial
Government Performance	Substantial
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 05-03-2019	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome	Modest	N/a
Bank Performance	Satisfactory	N/a
Borrower Performance	Satisfactory	N/a
Government Performance	Satisfactory	N/a
Implementing Agency	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

Annual budgetary performance report on PLANAGERD implementation under the results-based budgeting programs	Value	None	The 2017 annual report with budgetary performance	Annual budgetary performance reports published for
	Date	January 20, 2015	February 13, 2018	March 12, 2018
	Comment

Number of regional governments that have approved regional plans for the prevention and reduction of disaster risk Value 0 19 15/25
Date January 20, 2015 November 8, 2017 March 12, 2018
Comment

Share of seismic risk reduction in school infrastructure in the Lima Metropolitan Area as a result of PRONIED implementation	Value	Risk Indicator (RI)=20.3 for a portfolio of 1,969	There has been 10% risk reduction.	10% reduction
	Date	January 20, 2015	November 8, 2017	March 12, 2018
	Comment

Policies and procedures for the financing of post-disaster rehabilitation and reconstruction processes	Value	None	D.S. 132-2017-EF approved the establishment of the	An Operation Manual approved
	Date	January 20, 2015	November 8, 2017	March 12, 2018
	Comment

Share of eligible low-income households covered by the Grant for Protection of Housing Vulnerable to Seismic Risk	Value	0	61%	80% of eligible households
	Date	January 20, 2015	November 8, 2017	March 12, 2018
	Comment

Number of approved studies for flood risk prevention and mitigation in watersheds Value 0.00 3.00 4.00
Date January 20, 2015 November 8, 2017 March 12, 2018
Comment
Number of National Government sectors that approve sector guidelines for the post-disaster reconstruction process Value 0.00 2.00 6.00
Date January 20, 2015 February 13, 2018 March 12, 2018
Comment
Number of National Government agencies with approved operational continuity plans in the event of disasters Value 1.00 15.00 37.00
Date January 20, 2015 November 8, 2017 March 12, 2018
Comment

Number of regional governments that have approved regional plans for the prevention and reduction of disaster risk	Value	0	19	15/25
	Date	January 20, 2015	November 8, 2017	March 12, 2018
	Comment

Number of approved studies for flood risk prevention and mitigation in watersheds	Value	0.00	3.00	4.00
	Date	January 20, 2015	November 8, 2017	March 12, 2018
	Comment

Number of National Government agencies with approved operational continuity plans in the event of disasters	Value	1.00	15.00	37.00
	Date	January 20, 2015	November 8, 2017	March 12, 2018
	Comment