Pacific Resilience Program

Abstract*

The projects under the Pacific Resilience Program cover the activities in the following areas: Tonga, Marshall Islands, Vanuatu, Secretariat of the Pacific Community, and Pacific Islands Forum Secretariat. The objective for Tonga (P154840) is to strengthen early warning, resilient investments and financial protection of Tonga. The program components are: Strengthening Early Warning and Preparedness; Risk Reduction and Resilient Investments; Disaster... Show More

Development Objective

To strengthen the financial protection of Vanuatu.

Key Details

Project Details

Project ID
P155256
Status
Closed
Team Leader
Artessa Saldivar-Sali
Borrower 2
Government of the Republic of Vanuatu

Country
Vanuatu
Disclosure Date
May 14, 2015
Approval Date
(as of board presentation)
June 19, 2015
Effective Date
September 25, 2015

Total Project Cost 1
US$ 1.65 million
Implementing Agency
Ministry of Finance and Economic Management
Region
East Asia and Pacific
Fiscal Year 3
2015

Commitment Amount
US$ 1.50 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
November 30, 2020

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Last Update Date
July 28, 2021

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 - 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
Borrower/Recipient	0.15
IDA Credit	1.50

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	1.50
IBRD + IDA Commitment	1.50

Lending Instrument
Grant Amount	N/A
Total Project Cost**	1.65

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$)
Sep 15, 2017	IDA-56900	Int Charges	3,732.28
Sep 15, 2017	IDA-56900	Int Charges	3,732.28
Mar 15, 2018	IDA-56900	Int Charges	91.69
Mar 15, 2018	IDA-56900	Int Charges	4,980.61
Mar 15, 2018	IDA-56900	Int Charges	4,980.61
Nov 27, 2017	IDA-56900	Loan Disb	500,000.00
Mar 15, 2018	IDA-56900	Int Charges	91.69
Mar 15, 2024	IDA-56900	Int Charges	5,189.48
Mar 15, 2024	IDA-56900	Int Charges	5,189.48
Mar 15, 2024	IDA-56900	Int Charges	143.33
Mar 15, 2024	IDA-56900	Int Charges	143.33
Jun 19, 2015	IDA-56900	Loan Commitment	1,500,000.00
Sep 15, 2023	IDA-56900	Int Charges	5,212.48
Sep 15, 2023	IDA-56900	Int Charges	5,212.48
Mar 15, 2023	IDA-56900	Int Charges	5,273.72
Mar 15, 2023	IDA-56900	Int Charges	5,273.72
Mar 15, 2023	IDA-56900	Int Charges	57.66
Mar 15, 2023	IDA-56900	Int Charges	57.66
Sep 15, 2023	IDA-56900	Int Charges	68.76
Sep 15, 2023	IDA-56900	Int Charges	68.76
Sep 15, 2022	IDA-56900	Int Charges	5,079.57
Sep 15, 2022	IDA-56900	Int Charges	5,079.57
Sep 15, 2022	IDA-56900	Int Charges	106.31
Sep 15, 2022	IDA-56900	Int Charges	106.31
Sep 15, 2021	IDA-56900	Int Charges	48.63
Sep 15, 2021	IDA-56900	Int Charges	48.63
Sep 15, 2021	IDA-56900	Int Charges	5,656.57
Sep 15, 2021	IDA-56900	Int Charges	5,656.57
Mar 16, 2022	IDA-56900	Int Charges	5.50
Mar 16, 2022	IDA-56900	Int Charges	5.50
Mar 16, 2022	IDA-56900	Int Charges	5,532.18
Mar 16, 2022	IDA-56900	Int Charges	5,532.18
Mar 15, 2021	IDA-56900	Int Charges	106.05
Mar 15, 2021	IDA-56900	Int Charges	106.05
Mar 15, 2021	IDA-56900	Int Charges	5,720.81
Mar 15, 2021	IDA-56900	Int Charges	5,720.81
Mar 31, 2021	IDA-56900	Loan Cancel	45,415.43
Sep 15, 2020	IDA-56900	Int Charges	5,555.00
Sep 15, 2020	IDA-56900	Int Charges	5,555.00
Sep 15, 2020	IDA-56900	Int Charges	13.22
Sep 15, 2020	IDA-56900	Int Charges	13.22
Sep 15, 2019	IDA-56900	Int Charges	11.86
Sep 15, 2019	IDA-56900	Int Charges	11.86
Sep 15, 2019	IDA-56900	Int Charges	5,487.43
Sep 15, 2019	IDA-56900	Int Charges	5,487.43
Mar 15, 2020	IDA-56900	Int Charges	11.87
Mar 15, 2020	IDA-56900	Int Charges	11.87
Mar 15, 2020	IDA-56900	Int Charges	46.33
Mar 15, 2020	IDA-56900	Int Charges	46.33
Mar 15, 2020	IDA-56900	Int Charges	5,461.08
Mar 15, 2020	IDA-56900	Int Charges	5,461.08
Sep 15, 2018	IDA-56900	Int Charges	69.49
Sep 15, 2018	IDA-56900	Int Charges	69.49
Sep 15, 2018	IDA-56900	Int Charges	5,614.69
Sep 15, 2018	IDA-56900	Int Charges	5,614.69
Mar 15, 2019	IDA-56900	Int Charges	2.85
Mar 15, 2019	IDA-56900	Int Charges	2.85
Mar 15, 2019	IDA-56900	Int Charges	5,576.15
Mar 15, 2019	IDA-56900	Int Charges	5,576.15
Mar 15, 2016	IDA-56900	Int Charges	1,538.81
Mar 15, 2016	IDA-56900	Int Charges	1,538.81
Oct 11, 2016	IDA-56900	Int Charges	11.24
Oct 11, 2016	IDA-56900	Int Charges	11.24
Oct 11, 2016	IDA-56900	Int Charges	1,832.67
Oct 11, 2016	IDA-56900	Int Charges	1,832.67
Oct 14, 2015	IDA-56900	Loan Disb	500,000.00
Oct 12, 2016	IDA-56900	Loan Disb	500,000.00
Mar 17, 2017	IDA-56900	Int Charges	3,336.43
Mar 17, 2017	IDA-56900	Int Charges	3,336.43
Mar 15, 2017	IDA-56900	Int Charges	15.51
Mar 15, 2017	IDA-56900	Int Charges	15.51
Sep 15, 2017	IDA-56900	Int Charges	14.42
Sep 15, 2017	IDA-56900	Int Charges	14.42

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Counterpart Funding	Satisfactory	2020-05-30
Monitoring and Evaluation	Satisfactory	2020-05-30
Overall Implementation Progress (IP)	Satisfactory	2020-05-30
Progress towards achievement of PDO	Satisfactory	2020-05-30
Procurement	Satisfactory	2020-05-30
Project Management	Satisfactory	2020-05-30
Financial Management	Moderately Unsatisfactory	2020-05-30

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 07-30-2021
Outcomes	Substantial
Risk to Development Outcome
Bank Performance	Substantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW:	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately 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

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Participating PICs have received payment within a month of the occurrence of a covered (insured) event Value 0.00 100.00 0.00
Date June 19, 2015 May 25, 2020
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

The premiums are lower than the simulated price for a comparable coverage purchase individually in the market. Value No Yes
Date June 19, 2015 May 25, 2020
Comment

Participating PICs have received payment within a month of the occurrence of a covered (insured) event	Value	0.00	100.00	0.00
	Date	June 19, 2015	May 25, 2020
	Comment