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Atiala-Atsinanana Emission Reductions Program

Abstract*

The objective of the Atiala-Atsinanana Emission Reductions Program Project is to make payments to the program entity for measured, reported and verified Emission Reductions (ER payments) related to reduced deforestation, forest degradation and the enhancement of forest carbon stocks (REDD+) at the national level in Madagascar, and distribution of ER payments in accordance with agreed Benefit Sharing Plan. The significant impacts of the pandemic on...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The objective of the Program is to make payments to the Program Entity for measured, reported and verified Emission Reductions (ER payments) related to reduced deforestation, forest degradation and the enhancement of forest carbon stocks (REDD+) at the national level in Madagascar, and distribution of ER payments in accordance with agreed Benefit Sharing Plan.

Key Details

Project Details

  • P167725

  • Active

  • Sachiko Kondo

  • Ministry of Environment and Sustainable Development,Ministry of Economy and Finance

  • Madagascar

  • February 11, 2019

  • (as of board presentation)

    February 4, 2021

  • March 21, 2022

  • US$ 50.00 million

  • National Office of Climate Change, Carbon and REDD+

  • Eastern and Southern Africa

  • 2021

  • US$ 50.00 million

  • B

  • Not Applicable

  • December 31, 2025

  • Yes

  • BANK APPROVED

  • March 27, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
The Forest Carbon Partnership Facility – Carbon Fund 50.00

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 50.00
Total Project Cost** 50.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

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

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Satisfactory 2024-11-11
Project Management Satisfactory 2024-11-11
Financial Management Moderately Satisfactory 2024-11-11
Progress towards achievement of PDO Satisfactory 2024-11-11
Monitoring and Evaluation Satisfactory 2024-11-11
Overall Implementation Progress (IP) Satisfactory 2024-11-11
Overall Safeguards Rating Satisfactory 2024-11-11

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.