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Bangladesh Environmental Sustainability and Transformation Project

Abstract*

Operation Abstract: Summary Description of Proposed Project The project will support the following four components: (a) environmental governance and infrastructure; (b) green financing for air pollution control; (c) vehicle emission control; and (d) e-waste management infrastructure. Component 1: Environmental Governance and Infrastructure will support DOE to improve its environmental management capacity through (a) regulatory and policy reforms...

* 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 the capacity of the Government of Bangladesh in environmental management and to pilot new financing mechanisms to promote green investments in targeted sectors.

Key Details

Project Details

  • P172817

  • Active

  • Ana Lima , Bushra Nishat

  • People's Republic of Bangladesh

  • Bangladesh

  • March 26, 2020

  • (as of board presentation)

    December 1, 2022

  • September 27, 2023

  • US$ 483.70 million

  • Department of Environment,Bangladesh Bank,Bangladesh Hi-Tech Park Authority,Bangladesh Road Transport Authority

  • South Asia

  • 2023

  • US$ 250.00 million

  • N/A

  • January 4, 2024

  • December 31, 2028

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 250.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 250.00
IBRD + IDA Commitment 250.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 483.70

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 1, 2022 IDA-72260 Loan Commitment 250,000,000.00
Mar 11, 2024 IDA-72260 Loan Disb 9,090,909.00
May 16, 2024 IDA-72260 Int Charges 8,804.38
May 16, 2024 IDA-72260 Int Charges 8,804.38
May 15, 2024 IDA-72260 Int Charges 3,224.00
Jun 13, 2024 IDA-72260 Loan Disb 14,549,176.00
May 28, 2024 IDA-72260 Loan Disb 851,788.75
May 28, 2024 IDA-72260 Loan Disb 1,277,683.10
May 15, 2024 IDA-72260 Int Charges 3,224.00
May 16, 2024 IDA-72260 Int Charges 20,059.24

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Unsatisfactory 2024-10-28
Overall Implementation Progress (IP) Moderately Unsatisfactory 2024-10-28
Procurement Moderately Unsatisfactory 2024-10-28
Project Management Moderately Unsatisfactory 2024-10-28
Monitoring and Evaluation Satisfactory 2024-10-28
Financial Management Moderately Satisfactory 2024-10-28

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Environmental compliance inspections performedValue1400.001400.002000.00
    DateMarch 31, 2022September 14, 2023December 31, 2028
    Comment
  • Piloted green financing mechanismsValue0.000.004.00
    DateJune 30, 2022September 14, 2023December 31, 2028
    Comment
  • Private capital leveraged for project-promoted green investmentsValue0.000.00145000000.00
    DateJune 30, 2022September 14, 2023December 31, 2028
    Comment
  • Improved disclosure of ambient air quality informationValue40.0040.0090.00
    DateMarch 31, 2022September 14, 2023December 31, 2028
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • E-waste management facility in operationValueNoNoYes
    DateJune 30, 2022September 14, 2023June 30, 2027
    Comment
  • Approval by the Parliament of ECA AmendmentValueNoNoYes
    DateMay 31, 2022September 14, 2023June 30, 2028
    Comment
  • Green loans covered by green CGF (cumulative)Value0.000.0029.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • New vehicle inspection centers in operationValue0.000.004.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • Guarantee issued to PFIs for the covered green loans (Cumulative)Value0.000.0084000000.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • Vehicles inspected to limit PM/GHG emissionsValue0.000.00460000.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • Amount of e-waste processedValue0.000.003500.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • New rules, policies and guidelinesValue0.000.0025.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • Cumulative reduction in PM emission from targeted sourcesValue0.000.001698.00
    DateJanuary 31, 2022September 14, 2023June 30, 2028
    Comment
  • Draft new rules publicly consulted and submitted for approvalValue0.000.003.00
    DateMarch 31, 2022September 14, 2023June 30, 2028
    Comment
  • Cumulative reduction in GHG emission from targeted sourcesValue0.000.001107902.00
    DateJanuary 24, 2022September 14, 2023June 30, 2028
    Comment
  • New policies and strategies drafted, consulted and submitted for approvalValue0.000.0012.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • New guidelines drafted, consulted and submitted for approvalValue0.000.0010.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • Black CarbonValue0.000.0017.00
    Date
    Comment
  • Industry specific emission standards drafted, consulted and submitted for approvalValue0.000.005.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • MethaneValue0.000.000.00
    Date
    Comment
  • Approval by the Ministry of Public Administration of new DOE organogramValueNoNoYes
    DateMarch 31, 2022September 14, 2023June 30, 2027
    Comment
  • Creation of new environmental research and training centerValueNoNoNo
    Date
    Comment
  • Establishment of new district offices of DOEValue0.000.0030.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • Creation of new divisional laboratoriesValue0.000.005.00
    DateJune 30, 2021September 14, 2023June 30, 2028
    Comment
  • Increase of total number of DOE staffValue480.00480.00900.00
    DateMarch 31, 2022September 14, 2023June 30, 2028
    Comment
  • DOE technical staff in district officesValue300.00300.00720.00
    DateMarch 31, 2022September 14, 2023June 30, 2027
    Comment
  • Female technical staff members of DOEValue18.000.0020.00
    Date
    Comment
  • Technical staff and key stakeholders trainedValue0.000.0010000.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • Female participants in technical trainingsValue0.000.0020.00
    Date
    Comment
  • CWQMS and continuous ETP monitoring stations in operationValue0.000.0020.00
    DateJune 30, 2022September 14, 2023June 30, 2028
    Comment
  • Project-related complaints registered with DOE resolvedValue0.000.0070.00
    DateMarch 31, 2022September 14, 2023June 30, 2028
    Comment
  • Timely issuance of ECC/ECC renewalValue73.0073.0095.00
    DateJanuary 31, 2022September 14, 2023June 30, 2028
    Comment
  • Bi-annual water quality report publishedValueNoNoYes
    DateJanuary 31, 2022September 14, 2023June 30, 2028
    Comment