Programmatic Development Policy Loan for Sustainable Development

Abstract*

The First Sustainable Development and Green Growth Development Policy Loan (DPL) Program Project for Colombia will support the overarching green growth strategy through following two pillars: (i) establishing a set of policy and institutional measures for green growth in transport, energy, environmental health, and disaster risk management; and (ii) improving environmental quality by reducing particulate matter (PM) in the air; strengthening regulatory... Show More

Development Objective

This First Programmatic Sustainable Development and Green Growth DPL will support the overarching green growth strategy through: (i) establishing a set of policy and institutional measures for green growth in transport, energy, environmental health,  and disaster risk management, and (ii) improving environmental quality by reducing particulate matter (PM2.5) in the air; strengthening regulatory and economic instruments for reducing water pollution; and increasing capacity for solid waste disposal and enhancing waste recycling.

Key Details

Project Details

Project ID
P150475
Status
Closed
Team Leader
Giovanni Ruta , Marcelo Acerbi
Borrower 2
Ministry of Finance and Public Credit

Country
Colombia
Disclosure Date
September 30, 2015
Approval Date
(as of board presentation)
September 30, 2015
Effective Date
December 17, 2015

Total Project Cost 1
US$ 700.00 million
Implementing Agency
National Planning Department
Region
Latin America and Caribbean
Fiscal Year 3
2016

Commitment Amount
US$ 700.00 million
Environmental Category
N/A
Last Update Date
March 15, 2022
Closing Date
October 31, 2016

Last Stage Reached
BANK APPROVED

Associated Projects
P161642

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 change34%
- FY17 - Adaptation17%
- FY17 - Mitigation17%
FY17 - Environmental Health and Pollution Management75%
- FY17 - Air quality management25%
- FY17 - Soil Pollution25%
- FY17 - Water Pollution25%
FY17 - Water Resource Management8%
- FY17 - Water Institutions, Policies and Reform8%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	700.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	700.00
IDA Commitment	N/A
IBRD + IDA Commitment	700.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	700.00

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

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Apr 15, 2017	IBRD-85380	Int Charges	2,431,478.20
Apr 15, 2024	IBRD-85380	Int Charges	5,029,017.00
Apr 15, 2016	IBRD-85380	Int Charges	1,763,911.50
Dec 28, 2015	IBRD-85380	Fee Charges	1,751,761.90
Dec 28, 2015	IBRD-85380	Loan Disb	700,704,770.00
Apr 15, 2018	IBRD-85380	Int Charges	2,741,264.00
Apr 15, 2018	IBRD-85380	Int Charges	39,946.75
Oct 15, 2017	IBRD-85380	Int Charges	2,683,495.80
Oct 15, 2018	IBRD-85380	Int Charges	2,631,759.20
Oct 15, 2019	IBRD-85380	Loan Disb	702,490,300.00
Oct 15, 2019	IBRD-85380	Loan Disb	-702,490,300.00
Oct 15, 2019	IBRD-85380	Loan Disb	-702,490,300.00
Oct 15, 2019	IBRD-85380	Loan Disb	702,490,300.00
Oct 15, 2019	IBRD-85380	Int Charges	2,749,664.20
Oct 15, 2019	IBRD-85380	Int Charges	2,749,664.20
Oct 15, 2019	IBRD-85380	Int Charges	-2,749,664.20
Apr 15, 2019	IBRD-85380	Int Charges	2,625,541.00
Oct 20, 2020	IBRD-85380	Int Charges	5,574,531.00
Apr 15, 2020	IBRD-85380	Int Charges	5,072,106.50
Oct 18, 2021	IBRD-85380	Int Charges	5,469,769.50
Apr 16, 2021	IBRD-85380	Int Charges	5,657,585.00
Oct 15, 2022	IBRD-85380	Int Charges	4,593,927.00
Apr 15, 2022	IBRD-85380	Int Charges	5,100,745.50
Apr 15, 2023	IBRD-85380	Int Charges	5,218,484.00
Oct 15, 2023	IBRD-85380	Int Charges	4,963,423.00
Sep 30, 2015	IBRD-85380	Loan Commitment	700,000,000.00
Oct 15, 2016	IBRD-85380	Int Charges	2,605,641.20

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Overall Implementation Progress (IP)	Satisfactory	2016-05-27
Program Management	Satisfactory	2016-05-27
Progress towards achievement of PDO	Satisfactory	2016-05-27
Monitoring and Evaluation	Satisfactory	2016-05-27

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-19-2019
Outcomes	Substantial
Risk to Development Outcome
Bank Performance	Substantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-26-2020	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		N/a

Results Framework