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Tuvalu First Resilience Development Policy Operation with a Catastrophe-Deferred Drawdown Option

Abstract*

Tuvalu is one of the smallest, most remote, and climate change-vulnerable countries in the world, and categorized as a fragile state. The operation aims to support the government of Tuvalu (GoT) in its efforts to manage some of the key risks threatening the country’s sustainable growth and development. Tuvalu’s limited economic opportunity, coupled with vulnerability to shocks, has made achieving and sustaining gains in poverty reduction and inclusive...

* 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 Development Objective of the First Resilience Development Policy Operation with a Catastrophe-Deferred Drawdown Option is to support the government’s efforts to: (i) strengthen public financial management; (ii) enhance infrastructure management, and disaster- and climate-resilience; and (iii) improve social protection and inclusion in education.

Key Details

Project Details

  • P170558

  • Closed

  • Demet Kaya , Artessa Saldivar-Sali

  • Tuvalu

  • Tuvalu

  • July 18, 2019

  • (as of board presentation)

    December 13, 2019

  • January 17, 2020

  • US$ 0.00 million

  • Ministry of Finance

  • East Asia and Pacific

  • 2020

  • US$ 13.50 million

  • N/A

  • October 21, 2022

  • December 23, 2022

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 13.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 13.50
IBRD + IDA Commitment 13.50
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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$)
Feb 4, 2020 IDA-D5290 Loan Disb 6,191,595.00
Feb 4, 2020 IDA-D5280 Loan Disb 7,705,096.00
Dec 13, 2019 IDA-D5280 Loan Commitment 7,500,000.00
Dec 13, 2019 IDA-D5290 Loan Commitment 6,000,000.00
Dec 23, 2022 IDA-D5290 Loan Cancel 1,914.53
Dec 23, 2022 IDA-D5280 Loan Cancel 2,382.52

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.