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Climate Mitigation Action Support

Development Objective

To strengthen Sri Lanka's capacities and systems to: (a) implement national climate change policies, strategies and actions; and (b) design or strengthen market/non-market mitigation instruments.

Key Details

Project Details

  • P160552

  • Closed

  • Keisuke Iyadomi , Udage Arachchige Dissanayake

  • Democratic Socialist Republic of Sri Lanka

  • Sri Lanka

  • September 26, 2016

  • (as of board presentation)

    April 5, 2019

  • April 11, 2019

  • US$ 1.80 million

  • The Ministry of Environment

  • South Asia

  • 2019

  • US$ 1.80 million

  • C

  • July 8, 2024

  • February 28, 2021

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Partnership for Market Readiness 1.80

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 1.80
Total Project Cost** 1.80

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

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Unsatisfactory 2020-12-15
Overall Satisfactory 2020-12-15
Overall Implementation Progress (IP) Moderately Unsatisfactory 2020-12-15

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-30-2021
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • National system to implement market-based instruments for Greenhouse gas reductions developedValue0.001.000.00
    DateMarch 29, 2019February 28, 2021February 28, 2021
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • An optimal policy package for climate change mitigation developedValue0.001.001.00
    DateMarch 29, 2019February 28, 2021February 28, 2021
    Comment
  • A national Monitoring, Reporting, and Verification (MRV) framework developedValue0.001.001.00
    DateMarch 29, 2019February 28, 2021February 28, 2021
    Comment
  • A national registry system for Greenhouse gases developedValue0.001.001.00
    DateMarch 29, 2019February 28, 2021February 28, 2021
    Comment
  • A framework to enhance domestic market based instruments developedValue0.001.001.00
    DateMarch 29, 2019February 28, 2021February 28, 2021
    Comment