| Financier | Commitments |
|---|---|
| IDA Grant | 37.00 |
Plastic free Rivers and Seas for South Asia
Abstract*
The objective of the Plastic Free Rivers and Seas for South Asia Project is to strengthen innovation and coordination of circular economy solutions to plastic pollution flowing into South Asian Seas. The Project has three components. Component 1. Supporting Competitive Block Grant Investments to Reduce Plastic Waste will identify, verify and invest in circular plastic economy solutions and facilitate the exchange of knowledge and awareness of these... Show More
Development Objective
To strengthen innovation and coordination of circular economy solutions to plastic pollution flowing into South Asian Seas
Key Details
Project Details
P171269
Active
Joseph Akpokodje , Siddharth Merchant
South Asia Cooperative Environment Programme
South Asia
December 11, 2019
(as of board presentation)
May 29, 2020
August 12, 2020
US$ 37.00 million
SACEP
2020
US$ 37.00 million
N/A
Moderate
July 31, 2025
No
BANK APPROVED
April 1, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 37.00 |
| IBRD + IDA Commitment | 37.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 37.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 18, 2024 | IDA-D6480 | Loan Disb | 1,366,384.00 |
| Jun 5, 2024 | IDA-D6480 | Loan Disb | 4,329,202.00 |
| Apr 23, 2024 | IDA-D6480 | Loan Disb | 800,000.00 |
| Jul 22, 2024 | IDA-D6480 | Loan Disb | 1,726,194.00 |
| Jul 22, 2024 | IDA-D6480 | Loan Disb | 2,393,367.00 |
| May 29, 2020 | IDA-D6480 | Loan Commitment | 37,000,000.00 |
| Mar 18, 2024 | IDA-D6480 | Loan Disb | 3,757,555.00 |
| Jan 16, 2024 | IDA-D6480 | Loan Disb | 218,907.17 |
| Jun 8, 2023 | IDA-D6480 | Loan Disb | 87,447.01 |
| Jun 20, 2023 | IDA-D6480 | Loan Disb | 670,377.90 |
| Jun 15, 2023 | IDA-D6480 | Loan Disb | 59,268.29 |
| Jan 9, 2023 | IDA-D6480 | Loan Disb | 2,458,052.20 |
| Aug 17, 2022 | IDA-D6480 | Loan Disb | 151,886.98 |
| Jul 19, 2022 | IDA-D6480 | Loan Disb | 893,837.20 |
| Mar 16, 2021 | IDA-D6480 | Loan Disb | 93,141.00 |
| Oct 20, 2023 | IDA-D6480 | Loan Disb | 615,749.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Satisfactory | 2025-02-07 |
| Monitoring and Evaluation | Satisfactory | 2025-02-07 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2025-02-07 |
| Project Management | Moderately Unsatisfactory | 2025-02-07 |
| Financial Management | Moderately Satisfactory | 2025-02-07 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2025-02-07 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
PDO 1: Circular Plastic Economy Innovations developed and tested for application in participating South Asia countries Value 0.00 0.00 30.00 Date February 27, 2020 September 22, 2023 June 30, 2025 Comment PDO 2: Policies/standards /guidelines to promote a circular plastic economy harmonized and agreed by at least 3 countries at regional PPP convenings Value 0.00 0.00 3.00 Date April 3, 2020 September 22, 2023 June 30, 2025 Comment PDO3: SACEP’s institutional capacity strengthened to drive results for plastic pollution reduction across the region Value No No Yes Date April 9, 2020 September 22, 2023 June 30, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
IR2.3: National policies reviewed with recommendations for revisions and/or action plans (disaggregated country) Value 0.00 0.00 16.00 Date April 9, 2020 September 22, 2023 June 30, 2025 Comment IR1.5: People reached in plastic pollution and mitigation awareness campaigns (disaggregated by country and sex) Value 0.00 0.00 10000.00 Date April 9, 2020 September 22, 2023 June 30, 2025 Comment IR2.4: Consultations on marine litter actions carried out with targeted people and/or organizations in participating countries Value 0.00 0.00 16.00 Date April 9, 2020 September 22, 2023 June 30, 2025 Comment IR2.5: Annual convenings of regional organization heads, including government decision-makers to collaborate and coordinate on circular plastic economy policy solutions branded and operational Value 0.00 0.00 3.00 Date April 9, 2020 September 22, 2023 June 30, 2025 Comment IR1.1: Regional Competitive Block Investments to Reduce Plastic Waste administered by SACEP (disaggregation by ‘under implementation’ and ‘completed’) Value 0.00 0.00 20.00 Date April 9, 2020 September 22, 2023 June 30, 2025 Comment IR2.1: Regional public and private engagement mechanism branded and operational Value No No Yes Date April 9, 2020 September 22, 2023 June 30, 2025 Comment IR3.1: Training and capacity building provided to SACEP staff across all project functions Value 0.00 4.00 24.00 Date April 9, 2020 September 22, 2023 June 30, 2025 Comment IR1.2: Regional Competitive Block Grant Investments to Reduce Plastic Waste to women-owned enterprises or groups Value 0.00 0.00 8.00 Date April 9, 2020 September 22, 2023 June 30, 2025 Comment IR2.2: Annual regional convening of public sector policy and decision makers with private sector representatives on sharing of PPP circular plastic economy solutions Value 0.00 0.00 4.00 Date April 9, 2020 September 22, 2023 June 30, 2025 Comment IR3.2: Regional Center for Circular Plastic Economy Policy Research and Solutions branded and operational Value No No Yes Date April 9, 2020 September 22, 2023 June 30, 2025 Comment IR1.3: Share business development services to women (TA) Value 0.00 0.00 30.00 Date April 9, 2020 September 22, 2023 June 30, 2025 Comment IR1.4: Regional circular plastic economy innovations knowledge sharing hosted by SACEP operational Value No No Yes Date April 9, 2020 September 22, 2023 June 30, 2025 Comment