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Energy and Mineral Sectors Strengthening Project II

Abstract*

The development objective of Second Energy and Mineral Sectors Strengthening Project is to strengthen institutional capacity for market efficiency taking into consideration climate resilience in the energy and mining sectors in Brazil. This project has three components. 1) The first component, Technical assistance to increase efficiency, long term infrastructure adequacy and climate resilience in the energy and mining sectors, has the following subcomponents:...

* 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

To strengthen institutional capacity for market efficiency taking into consideration climate resilience in the energy and mining sectors in Brazil.

Key Details

Project Details

  • P170850

  • Active

  • Pierre Audinet , James Pannett, Javier Aguilar

  • Federative Republic of Brazil

  • Brazil

  • July 22, 2019

  • (as of board presentation)

    May 22, 2020

  • August 11, 2021

  • US$ 38.00 million

  • N/A

  • December 19, 2023

  • December 31, 2025

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 38.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 38.00
IDA Commitment N/A
IBRD + IDA Commitment 38.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 38.00

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$)
Dec 15, 2022 IBRD-90740 Int Charges 47,486.01
Jun 15, 2022 IBRD-90740 Int Charges 0.69
Jun 15, 2022 IBRD-90740 Int Charges 1,279.05
Jun 15, 2022 IBRD-90740 Int Charges 47,226.53
Dec 10, 2021 IBRD-90740 Loan Disb 20,000.00
Dec 23, 2022 IBRD-90740 Loan Disb 665,000.00
Dec 15, 2021 IBRD-90740 Int Charges 681.64
Dec 15, 2021 IBRD-90740 Int Charges 22,586.55
Jun 15, 2022 IBRD-90740 Int Charges 5.00
Aug 11, 2021 IBRD-90740 Fee Charges 95,000.00
Aug 11, 2021 IBRD-90740 Loan Disb 95,000.00
Jun 15, 2024 IBRD-90740 Int Charges 147.95
May 13, 2024 IBRD-90740 Loan Disb 2,130,000.00
Jun 15, 2024 IBRD-90740 Int Charges 123,833.16
Jun 15, 2024 IBRD-90740 Int Charges 43,067.20
Jun 15, 2024 IBRD-90740 Int Charges 4,382.06
Dec 15, 2022 IBRD-90740 Int Charges 2,578.03
Jun 15, 2023 IBRD-90740 Int Charges 46,156.62
Dec 15, 2023 IBRD-90740 Int Charges 75,645.32
Dec 15, 2023 IBRD-90740 Int Charges 45,011.69
Dec 15, 2023 IBRD-90740 Int Charges 7,720.22
Dec 15, 2023 IBRD-90740 Int Charges 277.35
Nov 27, 2023 IBRD-90740 Loan Disb 1,200,000.00
May 12, 2023 IBRD-90740 Loan Disb 1,191,000.00
May 22, 2020 IBRD-90740 Loan Commitment 38,000,000.00
Jun 15, 2023 IBRD-90740 Int Charges 26,986.40

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Moderately Satisfactory 2024-12-04
Project Management Moderately Satisfactory 2024-12-04
Financial Management Moderately Unsatisfactory 2024-12-04
Progress towards achievement of PDO Moderately Satisfactory 2024-12-04
Monitoring and Evaluation Moderately Satisfactory 2024-12-04
Overall Implementation Progress (IP) Moderately Satisfactory 2024-12-04

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • PDO 1- Published Electricity sector expansion plans for increased security of supply (Number)Value0.000.002.00
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • PDO 3 - Policy and market regulatory changes, to enhance market efficiency, published for consultation (Number).Value0.000.002.00
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • PDO 2 - Climate-smart mining plan updated for the strategic development of mining sector (Number)Value0.000.001.00
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Monitoring of mining activities by satellite images (YES/NO)ValueNoNoYes
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • Number of operational procedures updatedValue0.000.003.00
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • Number of training, mentoring and gender awareness initiatives geared towards enhancing female participation in management positions in key energy and mining institutions.Value0.000.008.00
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • Number of new tools or methodologies introduced or upgradedValue0.000.0010.00
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • Climate-informed methodology adopted in the energy expansion plansValueNoNoYes
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • Share of female employees stating in the survey that training, mentoring and gender awareness initiatives had a positive impact on their career planning (Percentage)Value0.000.0050.00
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • Sectoral databases created or disclosed for planning or monitoring (Number).Value0.000.001.00
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • Climate resilience informed electricity dispatching methodology utilized (including adjustments on hydrological patterns)ValueNoNoYes
    DateJanuary 31, 2020January 31, 2023December 31, 2025
    Comment
  • Results of citizen feedback on project-supported products published on Ministries websitesValue0.000.005.00
    DateJanuary 1, 2020June 27, 2023December 31, 2025
    Comment
  • National government staff trained (including independent/implementing agencies) (Number).Value0.000.00200.00
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • Electricity sector policy or market regulation developed (Number)Value0.000.001.00
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • Gas sector policy or market regulation developed (Number).Value0.000.001.00
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment
  • New methodology for electricity price formation formulated (YES/NO).ValueNoNoYes
    DateJanuary 1, 2020January 31, 2023December 31, 2025
    Comment