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First Amazonas Fiscal and Environmental Sustainability Programmatic DPF

Abstract*

The Fiscal and Environmental Sustainability Development Policy Financing (DPF) for the state of Amazonas supports fiscal discipline, climate-informed decision making, and an integrated approach to forest conservation and development to help the State improve its recovery after COVID19 and protect the Amazon forest. Against the backdrop of the impact of COVID-19 and the recent increase in deforestation in the Amazon, this US200 million dollars DPF...

* 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 support the State of Amazonas in strengthening fiscal sustainability and integrating forest conservation and development.

Key Details

Project Details

  • P172455

  • Closed

  • Werner Kornexl , Renato Nardello, Shireen Mahdi

  • State of Amazonas

  • Brazil

  • December 15, 2019

  • (as of board presentation)

    December 11, 2020

  • November 19, 2021

  • US$ 0.00 million

  • State Secretariat of Finance (Secretaria do Estado da Fazenda)

  • Latin America and Caribbean

  • 2021

  • US$ 200.00 million

  • N/A

  • December 11, 2023

  • December 30, 2022

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 200.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 200.00
IDA Commitment N/A
IBRD + IDA Commitment 200.00
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$)
Mar 1, 2022 IBRD-91880 Int Charges 539,055.00
Nov 23, 2021 IBRD-91880 Loan Disb 199,500,000.00
Nov 19, 2021 IBRD-91880 Fee Charges 500,000.00
Nov 19, 2021 IBRD-91880 Loan Disb 500,000.00
Mar 1, 2023 IBRD-91880 Int Charges 4,424,444.50
Sep 1, 2022 IBRD-91880 Int Charges 1,666,222.20
Sep 1, 2023 IBRD-91880 Int Charges 6,204,889.00
Dec 11, 2020 IBRD-91880 Loan Commitment 200,000,000.00
Mar 1, 2024 IBRD-91880 Int Charges 6,662,082.00
Mar 1, 2024 IBRD-91880 Loan Repay 10,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Program Management Moderately Satisfactory 2022-12-23
Overall Implementation Progress (IP) Moderately Satisfactory 2022-12-23
Progress towards achievement of PDO Moderately Satisfactory 2022-12-23
Monitoring and Evaluation Moderately Satisfactory 2022-12-23

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • 5. Deforested areaValue1434.002607.000.00
    DateDecember 31, 2019July 31, 2022
    Comment
  • 2. Percentage of new infrastructure projects that are screened for climate and disaster risksValue0.000.000.00
    DateDecember 31, 2019November 30, 2021
    Comment
  • 6. Number of fully validated CAR records.Value11.00300.000.00
    DateDecember 31, 2019October 31, 2022
    Comment
  • 3. State personnel spending as share of net current revenue (executive branchValue49.6542.440.00
    DateDecember 31, 2019August 31, 2022
    Comment
  • 7. Forest concessions grantedValue0.000.000.00
    DateDecember 31, 2019November 30, 2022
    Comment
  • 4. Percentage of state’s ICMS tax revenue linked to municipalities’ environmental sustainability and quality of service delivery indicatorsValue0.000.000.00
    DateDecember 31, 2019November 30, 2022
    Comment
  • 8. Number of families enrolled in the Bolsa Floresta program [of which, women receive the payment on behalf of the family]Value9602.0014500.000.00
    DateDecember 30, 2019December 12, 2022
    Comment
  • 1. Reduction of pension system deficit financed with public budget compared to baseline.Value0.0021.900.00
    DateDecember 11, 2020October 31, 2021
    Comment